Visa Pays $2 Mil. for Online Payment Processor

Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.

Chrysler Operations Turn Profitable in 2010

Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year

American Cars Top Asian Imports in U.S. Quality Poll

After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.

Geely's Volvo Purchase Faces Cultural Obstacles

Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.

Honda Returns to Profitability on China, India Demand

Honda posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand

Kodak Returns to Profit on Inkjet, Samsung Settlement

Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...

Steelmaker ArcelorMittal Returns to Profit

ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...

Visa Profits Jump on Consumer Spending Rebound

Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue

HP to Buy Struggling Palm for $1.2 Bil.

Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard

Earnings Show Corporate America Out of Recession

Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...

Euro Hits 1-Year Low on Spain Debt Downgrade

The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.

Comcast Profits Rise on Subscriptions, Ad Rebound

Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.

Sprint Nextel Subscriber Loss Slows on Cheap Plans

Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service

Germany Says Greek Aid Likely By May 7

Germany could have its contribution to a financial aid package for Greece approved by the end of next week if Athens successfully finalizes

GM Pays Off Gov't Loans 5 Years Early

General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments

Greek Debt Crisis Spreads to Portugal

Greece was pushed to the brink of a financial abyss and started dragging another eurozone country — Portugal — down with it Tuesday

Sands Opens $5.7-Bil. Singapore Casino Resort

Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state

World Markets Slide on China Fears, Greek Glitch

Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility

S. Korea GDP Growing at Annualized 7.5% Rate

South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.

Gasoline Prices Set to Rise As Recession Fades

After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high

Wal-Mart to Face Massive Class Action Suit

A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class

Hertz to Buy Dollar Thrifty for $1.2 Bil.

Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash

U.S. Newspaper Circulations Fall 8.7%

Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.

Germany Nixes Bailout Until Greece Inks Austerity Measures

German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union

More Americans Feel Effects of Recovery

A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.

Q1 Venture Capital Investments Jump 38%

Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier

Asian Stocks Fall on Inflation, Interest Rate Fears

Asian stock markets fell Friday as investors mulled whether the region's strong economic growth so far this year could trigger inflation

Volkswagen China Sales Skyrocket 61%

Volkswagen AG's worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded

Jobless Claims, Weak Industrial Output Cool Markets

Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...

China Trims U.S. Treasuries for 4th Straight Month

China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns

Germany to Grow 1.5% in 2010

The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market

Toyota Conducts Safety Tests on All SUV Models

Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned

Global PC Sales Surged 20% in Q1

Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago

China Q1 Growth Surged to 12% but Inflation Low

Stocks Slide As Feds File Fraud Suit Against Goldman

Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs

Households Feel Income Squeeze Despite Low Inflation

The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak

Wall Street Boosts Hiring of Investment Managers

Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to ...

World Markets Rise on Intel Earnings Report

World markets mostly rose Wednesday after better-than-expected first quarter earnings from Intel Corp. stoked hopes about the global economic recovery.

Intel Q1 Profits Quadruple

Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology

Singapore GDP Jumped 32.1% in Q1

Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.

Toyota Pulls Lexus GX460 After Alarming Rollover Report

Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident

Feb. Trade Deficit Grows with Consumer Spending

The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset ...

Shanghai Tops Taiwanese Foreign Investments

Shanghai topped the list of favorite foreign investment sites for Taiwanese investors, according to a China Times report. Tokyo and Singapore

Infosys Profits Up 8.7%

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent

GM to Repay Bailout Loan Before June

General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June

Yahoo Earnings Triple on Advertising Growth

Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.

Extended Volcano Eruptions Could Jeopardize Recovery

Even as Europe's dormant airports sputter back to life, prudent travelers and businessmen should ask: What if Iceland's volcano erupts again?

IMF Cuts Estimate of Losses from Financial Crisis

The world's banks could be spared billions in losses thanks to a global economy that is recovering from the financial meltdown more quickly

Bond Film Stopped on Uncertainty Over MGM's Fate

Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.

Stocks Rise in Asia, Europe on U.S. Rebound

Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted