Asian Stocks Mixed on U.S. Jobs, High Yen
Asian stock markets were mixed Monday after a poor U.S. jobs report added to evidence the economic recovery is weakening.
Business
Ousted HP CEO Settles with Sex Harassment Accuser
Ousted Hewlett-Packard Co. CEO Mark Hurd has settled allegations of sexual harassment lodged against him by a female contract worker
Germany Warns of Apple iPhone Security Problems
The German government has warned of serious security flaws in Apple's iPhone, iPad and iPod Touch. The warning may have been prompted
Transocean, Anadarko Surge on BP Plug Success
With BP at a turning point in the Gulf oil spill, other companies with a role in the crisis are seeing their fortunes improve
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
U.S. Corn Exports to Boom As China Eats More Meat
China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat
Hiring Slows Leaving Jobless Rate Unchanged
Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly
Cable, Satellite TV Thrives on Robust Demand
Consumers are feeling more confident about spending on small luxuries such as premium cable services and pay-per-view, propelling the earnings
Honda Profits Mushroom 32-Fold to New Record
Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese automakers.
New Jobless Claims Rise to 479,000
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies
Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
AOL Posts $1 Bil. Loss of Writedowns, Lower Sales
Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.
Asia Mixed, Europe Falls on U.S. Recovery Data
World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead
German Consumer Confidence Up Sharply
German consumer confidence is up strongly, boosted by expectations that a quicker economic recovery will keep unemployment in check and by cheer
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
ArcelorMittal Back to Profit with $1.7 Bil. for Q2
ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion
SAP Revenues, Profits Jump on U.S., Asia Growth
Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase
Home Prices Expected to Keep Declining
Thought the housing crisis was over? Not quite. Despite four years of falling prices and recent signs that they were finally bottoming
FedEx Raises Year's Outlook on Strong Asia Growth
In another sign of confidence in the global economy, FedEx Corp. on Monday raised its earnings outlook for the current quarter and full year.
Packed Planes, Baggage Fees Change Air Travel
Good times are finally back for the nation's airlines. For travelers, that means it's getting harder to find bargains.
Gas Prices on Rising Trend Across U.S.
Drivers across the country woke up to higher prices at the gas pump Monday morning, as retail gasoline rose overnight.
June Data Shows New Home Sales Recovering
Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers
Wall Street Rises on Strong June New Home Sales
Stocks rose moderately Monday after a better-than-expected jump in new home sales and an increase in the profit outlook for shipping giant FedEx Corp.
China Pledges More Support to Expand Private Sector
China's Cabinet promised private investors a bigger role in industries from oil drilling to finance, apparently responding to complaints that state companies
New Ford Explorer Lower, More Fuel-Efficient
The Ford Explorer, the hulking family-hauler that helped launch the SUV boom in the early 1990s, is back. And it hopes to define a new ...
Siemens Reports 4% Revenue Growth
A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher
Kia Posts 61% Profit Surge on Strong Sales Growth
Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales.
Samsung Posts 83% Profit Jump on Chip, LCD Sales
Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength
Google Sounded False Alarm About China Blockage
Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland ...
VW Profits Surge to $1.6 Bil. on China Demand
Sales at Volkswagen AG motored ahead in the second quarter, thanks in part to strong demand from China and helping to push earnings sharply
Toyota Recalls 412,000 Cars for Steering Parts Cracks
Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported
China Okays Geely's Volvo Purchase Without Conditions
Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce
Nissan Returns to Profit on Global Rebound
Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.
Sony Returns to Profit on Playstation 3, PC Sales
Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles
Panasonic Returns to Profit, Buys Out Sanyo
Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works
World Stocks Continue Rise on Korea Rate Hike
World stock markets rose Friday on hopes that global economic growth will prove resilient, with investors viewing a surprise interest rate hike
Hyundai Motor Profits Soar 71% to Record
Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose.
Asian Stocks Mixed on U.S. Jobs, High Yen
Asian stock markets were mixed Monday after a poor U.S. jobs report added to evidence the economic recovery is weakening.
Ousted HP CEO Settles with Sex Harassment Accuser
Ousted Hewlett-Packard Co. CEO Mark Hurd has settled allegations of sexual harassment lodged against him by a female contract worker
Germany Warns of Apple iPhone Security Problems
The German government has warned of serious security flaws in Apple's iPhone, iPad and iPod Touch. The warning may have been prompted
Transocean, Anadarko Surge on BP Plug Success
With BP at a turning point in the Gulf oil spill, other companies with a role in the crisis are seeing their fortunes improve
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
U.S. Corn Exports to Boom As China Eats More Meat
China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat
Hiring Slows Leaving Jobless Rate Unchanged
Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly
Cable, Satellite TV Thrives on Robust Demand
Consumers are feeling more confident about spending on small luxuries such as premium cable services and pay-per-view, propelling the earnings
Honda Profits Mushroom 32-Fold to New Record
Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese automakers.
New Jobless Claims Rise to 479,000
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies
Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
AOL Posts $1 Bil. Loss of Writedowns, Lower Sales
Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.
Asia Mixed, Europe Falls on U.S. Recovery Data
World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead
German Consumer Confidence Up Sharply
German consumer confidence is up strongly, boosted by expectations that a quicker economic recovery will keep unemployment in check and by cheer
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
ArcelorMittal Back to Profit with $1.7 Bil. for Q2
ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion
SAP Revenues, Profits Jump on U.S., Asia Growth
Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase
Home Prices Expected to Keep Declining
Thought the housing crisis was over? Not quite. Despite four years of falling prices and recent signs that they were finally bottoming
FedEx Raises Year's Outlook on Strong Asia Growth
In another sign of confidence in the global economy, FedEx Corp. on Monday raised its earnings outlook for the current quarter and full year.
Packed Planes, Baggage Fees Change Air Travel
Good times are finally back for the nation's airlines. For travelers, that means it's getting harder to find bargains.
Gas Prices on Rising Trend Across U.S.
Drivers across the country woke up to higher prices at the gas pump Monday morning, as retail gasoline rose overnight.
June Data Shows New Home Sales Recovering
Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers
Wall Street Rises on Strong June New Home Sales
Stocks rose moderately Monday after a better-than-expected jump in new home sales and an increase in the profit outlook for shipping giant FedEx Corp.
China Pledges More Support to Expand Private Sector
China's Cabinet promised private investors a bigger role in industries from oil drilling to finance, apparently responding to complaints that state companies
New Ford Explorer Lower, More Fuel-Efficient
The Ford Explorer, the hulking family-hauler that helped launch the SUV boom in the early 1990s, is back. And it hopes to define a new ...
Siemens Reports 4% Revenue Growth
A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher
Kia Posts 61% Profit Surge on Strong Sales Growth
Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales.
Samsung Posts 83% Profit Jump on Chip, LCD Sales
Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength
Google Sounded False Alarm About China Blockage
Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland ...
VW Profits Surge to $1.6 Bil. on China Demand
Sales at Volkswagen AG motored ahead in the second quarter, thanks in part to strong demand from China and helping to push earnings sharply
Toyota Recalls 412,000 Cars for Steering Parts Cracks
Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported
China Okays Geely's Volvo Purchase Without Conditions
Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce
Nissan Returns to Profit on Global Rebound
Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.
Sony Returns to Profit on Playstation 3, PC Sales
Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles
Panasonic Returns to Profit, Buys Out Sanyo
Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works
World Stocks Continue Rise on Korea Rate Hike
World stock markets rose Friday on hopes that global economic growth will prove resilient, with investors viewing a surprise interest rate hike
Hyundai Motor Profits Soar 71% to Record
Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose.
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