Stocks Falter on Pending Home Sales Data
Stocks clung to a tight range Thursday after an unexpected drop in pending home sales raised new concern about the economy.
Business
Informercial King Auditions for Great American Gadget
There wasn't a bottle of Oxiclean or a ShamWow anywhere. But there was Dawn Stephens' nifty new, all-in-one toilet-bowl-cleaning brush.
Sina Misses Adjusted Profits Estimates
Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Toyota Prius Tops Japan Sales Despite Recall
Toyota's Prius remains the top-selling car in Japan despite the automaker's global recall woes that included braking problems with the hit hybrid.
Hulu May Start Charging for Access to Videos
Hulu's days as a free online video site could be ending soon. Comedy Central's decision to yank two of the most popular shows
Toyota to Spend $250 Mil. to Help California Employees
Toyota said Wednesday it will spend $250 million to assist employees at a Northern California factory slated to be closed next month.
Radisson to Get $1.5 Bil. Upmarket Makeover in U.S.
Radisson hotels are getting a $1.5 billion luxury rebranding and facelift in the U.S., owner Carlson Hotels Worldwide announced Wednesday
Costco Reports Rising Profits on Strong Global Growth
Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, and the warehouse club
Export Growth Seen As Bright Spot for U.S. Economy
U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot
Food Borne Illnesses Cost U.S. $152 Bil. A Year
Food-borne illnesses, such as E. coli and salmonella, cost the United States $152 billion annually in health care and other losses
Yahoo CEO Cites Apple to Justify Long Turnaround
Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took
TiVo to Release DVR That Integrates Internet with TV Movies
TiVo Inc., the pioneer of the digital video recorder, hopes its new DVRs coming out this spring will keep the company relevant
Hyundai Sales Rose 11% in February
Hyundai Motor Co. of Korea said Tuesday that its U.S. sales rose 11 percent in February, as storms in the eastern and central parts of ...
Hybrids Take Center Stage at Geneva
Hybrid or hype? More and more automakers rolled out their newest hybrids, or announced plans to do so, at the Geneva Auto Show on Tuesday, ...
Ford Posts 43% Sales Jump, Passes GM
Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...
GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Big Aussie Energy Deal Signed As Rio Tinto Trial Ends
Australia and China signed a multibillion dollar energy deal Wednesday, pushing ahead with business as the trial of four employees of mining giant Rio Tinto
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
Japan Exports Jumped 45% in February
Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.
U.S. Blocking Free Trade Talks Says Dutch Minister
The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
Google Ties with China Partners Being Severed
A popular Chinese Web portal said Wednesday it is taking over operation of two services developed and formerly operated with Google just days after the ...
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Geithner Says Commercial Real Estate Loans Problematical
Mounting losses from commercial real estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed
Consumer Spending Rise Shows Decent Recovery Pace
Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace.
Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
Stocks Falter on Pending Home Sales Data
Stocks clung to a tight range Thursday after an unexpected drop in pending home sales raised new concern about the economy.
Informercial King Auditions for Great American Gadget
There wasn't a bottle of Oxiclean or a ShamWow anywhere. But there was Dawn Stephens' nifty new, all-in-one toilet-bowl-cleaning brush.
Sina Misses Adjusted Profits Estimates
Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Toyota Prius Tops Japan Sales Despite Recall
Toyota's Prius remains the top-selling car in Japan despite the automaker's global recall woes that included braking problems with the hit hybrid.
Hulu May Start Charging for Access to Videos
Hulu's days as a free online video site could be ending soon. Comedy Central's decision to yank two of the most popular shows
Toyota to Spend $250 Mil. to Help California Employees
Toyota said Wednesday it will spend $250 million to assist employees at a Northern California factory slated to be closed next month.
Radisson to Get $1.5 Bil. Upmarket Makeover in U.S.
Radisson hotels are getting a $1.5 billion luxury rebranding and facelift in the U.S., owner Carlson Hotels Worldwide announced Wednesday
Costco Reports Rising Profits on Strong Global Growth
Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, and the warehouse club
Export Growth Seen As Bright Spot for U.S. Economy
U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot
Food Borne Illnesses Cost U.S. $152 Bil. A Year
Food-borne illnesses, such as E. coli and salmonella, cost the United States $152 billion annually in health care and other losses
Yahoo CEO Cites Apple to Justify Long Turnaround
Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took
TiVo to Release DVR That Integrates Internet with TV Movies
TiVo Inc., the pioneer of the digital video recorder, hopes its new DVRs coming out this spring will keep the company relevant
Hyundai Sales Rose 11% in February
Hyundai Motor Co. of Korea said Tuesday that its U.S. sales rose 11 percent in February, as storms in the eastern and central parts of ...
Hybrids Take Center Stage at Geneva
Hybrid or hype? More and more automakers rolled out their newest hybrids, or announced plans to do so, at the Geneva Auto Show on Tuesday, ...
Ford Posts 43% Sales Jump, Passes GM
Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...
GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Big Aussie Energy Deal Signed As Rio Tinto Trial Ends
Australia and China signed a multibillion dollar energy deal Wednesday, pushing ahead with business as the trial of four employees of mining giant Rio Tinto
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
Japan Exports Jumped 45% in February
Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.
U.S. Blocking Free Trade Talks Says Dutch Minister
The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
Google Ties with China Partners Being Severed
A popular Chinese Web portal said Wednesday it is taking over operation of two services developed and formerly operated with Google just days after the ...
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Geithner Says Commercial Real Estate Loans Problematical
Mounting losses from commercial real estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed
Consumer Spending Rise Shows Decent Recovery Pace
Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace.
Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
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