World Markets Rattled by U.S.-China Tire Tariff Dispute
European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...
Business
U.S. Banks Return to Risky Investments
A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Goldman Sachs, JPMorgan Chase and ...
Last U.S. China Maker Survives on Vintage Design
Born of the Great Depression, it was a glossy, color-saturated line of cups, bowls and plates meant to affordably brighten lives and dinner tables. Seven ...
American, Delta Mull Stake in JAL
American Airlines parent AMR Corp. is negotiating for closer ties and possibly an investment in financially troubled Japan Airlines Corp., according to a person familiar ...
Airlines Cut Flights to Lowest Level Since 2001
The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights ...
Struggling JAL Considers Tieup with Air France-KLM
Struggling Japan Airlines Corp. has entered talks with Air France-KLM over a capital tie-up, a newspaper said Saturday. Asia's biggest airline hopes to expand its ...
GM Rescinds Spring's White-Collar Pay Cuts
General Motors Co. has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid filing for bankruptcy protection. ...
Housing, Jobless Data Show Fragile Recovery
Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Multinationals Break Vietnam Laws Promoting Breast-Feeding
Multinational companies in Vietnam sell baby formula so aggressively that they routinely stretch and sometimes break laws designed to promote breastfeeding, an AP investigation has ...
Stocks Resume Rally After Brief Break
Investors popped the stock market's rally back in gear Friday after analyst upgrades boosted their optimism about the economy. A 36-point advance in the Dow ...
Arena's Obesity Drug Effective but Disappointing
Arena Pharmaceuticals Inc. says its obesity drug candidate lorcaserin succeeded in a clinical study, but the drug did not appear to be as effective as ...
Singapore Recoups Half of Big Loss from Crash
Singapore state investment company GIC said Tuesday its investments fell more than 20 percent in the 12 months ending March, but have recovered more than ...
World's Carmakers All Aboard Electric Bandwagon
The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete ...
U.S. Net Worth Grew for First Time Since 2007
Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household ...
New Jobless Claims Rose Last Week
The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Wall Street economists forecast that first-time claims ...
Kodak to Shore Up Balance Sheet with Capital Infusion
Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up ...
China's BYD Sets Sights on Overtaking Toyota
Fast-growing Chinese battery and automaker BYD Co. is thinking big — really big. It aims to overtake Toyota Motor Co. to become the global auto ...
Asia Markets at New Highs for Year
Asian stock markets climbed to new highs for the year Thursday after strong U.S. industrial production data boosted confidence the world's largest economy is growing ...
Google to Turn Digital Library into Paperbacks
Google Inc. is giving 2 million books in its digital library a chance to be reincarnated as paperbacks. As part of a deal announced Thursday, ...
Manufacturers Lead Growth With Broad-Based Gains
Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...
World Markets Surge on End to U.S. Recession
World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic ...
Frank Advances Bill to Limit Credit-Card Rate Hikes
Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: ...
Russian Economy Sank More than Forecast Says Medvedev
Russian President Dmitry Medvedev said Sunday that Russia's economy was hit harder than expected by the global financial crisis, but Kremlin measures helped the country ...
Comcast to Send Popups to PCs with Virus Infection
Comcast Corp. wants to enlist its customers in a fight against a huge problem for Internet providers — the armies of infected personal computers, known ...
Japan Suspends U.S. Beef Shipments Again for Violation
Japan has suspended beef shipments from an American meatpacking plant after finding cattle parts banned under an agreement to prevent the spread of mad cow ...
Hummer Now Owned by China's Sichuan Tengzhong
Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker. General Motors ...
USA Today Posts 17% Circulation Drop
USA Today expects to report the largest decline in circulation in its 27-year history, threatening its No. 1 position among U.S. dailies as the growth ...
Shanghai Leads Global Stock Rally on Rising Dollar
Chinese stocks rallied Friday as traders returned to their desks following a weeklong holiday, when the rest of the world's major markets shot higher amid ...
Audi Sales Decline Eased by Strong Asia Growth
German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect ...
AP, News Corp Want Search Engines to Pay for News
The leaders of two of the world's major news organizations said Friday that it is time for search engines and others who use news content ...
Infosys Raises Outlook Despite Profit Dip
Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be ...
Phillips Q3 Profits Treble
Royal Philips Electronics NV reported net profit of €174 million ($256 million) for the third quarter on Monday, three times the depressed levels of a ...
Another Asset Bubble May Be Forming Already
The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ...
Retail, Jobs Data Boost Wall Street
Stocks are resuming their climb as investors get positive readings on two of the best gauges of the economy's health: consumer spending and corporate profits. ...
GM to Sell Hummer to Sichuan Tengzhong Heavy
General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, ...
New Jobless Claims Lowest Since January
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs ease a bit ...
GM Names New Sales Chief As U.S. Market Share Erodes
Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
China Widens Auto Sales Lead with 78% September Jump
China has widened its lead over the U.S. as the world's top auto market, with September sales vaulting 78 percent, spurred by tax cuts and ...
Oracle Turns Up Rhetoric As Server Sales Go to IBM
Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle ...
Dow Closes Above 10,000 for First Time in Year
The Dow Jones industrial average is back above 10,000 for the first time in a year. The Dow crossed five figures Wednesday seven months after ...
World Markets Rattled by U.S.-China Tire Tariff Dispute
European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...
U.S. Banks Return to Risky Investments
A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Goldman Sachs, JPMorgan Chase and ...
Last U.S. China Maker Survives on Vintage Design
Born of the Great Depression, it was a glossy, color-saturated line of cups, bowls and plates meant to affordably brighten lives and dinner tables. Seven ...
American, Delta Mull Stake in JAL
American Airlines parent AMR Corp. is negotiating for closer ties and possibly an investment in financially troubled Japan Airlines Corp., according to a person familiar ...
Airlines Cut Flights to Lowest Level Since 2001
The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights ...
Struggling JAL Considers Tieup with Air France-KLM
Struggling Japan Airlines Corp. has entered talks with Air France-KLM over a capital tie-up, a newspaper said Saturday. Asia's biggest airline hopes to expand its ...
GM Rescinds Spring's White-Collar Pay Cuts
General Motors Co. has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid filing for bankruptcy protection. ...
Housing, Jobless Data Show Fragile Recovery
Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Multinationals Break Vietnam Laws Promoting Breast-Feeding
Multinational companies in Vietnam sell baby formula so aggressively that they routinely stretch and sometimes break laws designed to promote breastfeeding, an AP investigation has ...
Stocks Resume Rally After Brief Break
Investors popped the stock market's rally back in gear Friday after analyst upgrades boosted their optimism about the economy. A 36-point advance in the Dow ...
Arena's Obesity Drug Effective but Disappointing
Arena Pharmaceuticals Inc. says its obesity drug candidate lorcaserin succeeded in a clinical study, but the drug did not appear to be as effective as ...
Singapore Recoups Half of Big Loss from Crash
Singapore state investment company GIC said Tuesday its investments fell more than 20 percent in the 12 months ending March, but have recovered more than ...
World's Carmakers All Aboard Electric Bandwagon
The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete ...
U.S. Net Worth Grew for First Time Since 2007
Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household ...
New Jobless Claims Rose Last Week
The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Wall Street economists forecast that first-time claims ...
Kodak to Shore Up Balance Sheet with Capital Infusion
Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up ...
China's BYD Sets Sights on Overtaking Toyota
Fast-growing Chinese battery and automaker BYD Co. is thinking big — really big. It aims to overtake Toyota Motor Co. to become the global auto ...
Asia Markets at New Highs for Year
Asian stock markets climbed to new highs for the year Thursday after strong U.S. industrial production data boosted confidence the world's largest economy is growing ...
Google to Turn Digital Library into Paperbacks
Google Inc. is giving 2 million books in its digital library a chance to be reincarnated as paperbacks. As part of a deal announced Thursday, ...
Manufacturers Lead Growth With Broad-Based Gains
Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...
World Markets Surge on End to U.S. Recession
World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic ...
Frank Advances Bill to Limit Credit-Card Rate Hikes
Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: ...
Russian Economy Sank More than Forecast Says Medvedev
Russian President Dmitry Medvedev said Sunday that Russia's economy was hit harder than expected by the global financial crisis, but Kremlin measures helped the country ...
Comcast to Send Popups to PCs with Virus Infection
Comcast Corp. wants to enlist its customers in a fight against a huge problem for Internet providers — the armies of infected personal computers, known ...
Japan Suspends U.S. Beef Shipments Again for Violation
Japan has suspended beef shipments from an American meatpacking plant after finding cattle parts banned under an agreement to prevent the spread of mad cow ...
Hummer Now Owned by China's Sichuan Tengzhong
Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker. General Motors ...
USA Today Posts 17% Circulation Drop
USA Today expects to report the largest decline in circulation in its 27-year history, threatening its No. 1 position among U.S. dailies as the growth ...
Shanghai Leads Global Stock Rally on Rising Dollar
Chinese stocks rallied Friday as traders returned to their desks following a weeklong holiday, when the rest of the world's major markets shot higher amid ...
Audi Sales Decline Eased by Strong Asia Growth
German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect ...
AP, News Corp Want Search Engines to Pay for News
The leaders of two of the world's major news organizations said Friday that it is time for search engines and others who use news content ...
Infosys Raises Outlook Despite Profit Dip
Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be ...
Phillips Q3 Profits Treble
Royal Philips Electronics NV reported net profit of €174 million ($256 million) for the third quarter on Monday, three times the depressed levels of a ...
Another Asset Bubble May Be Forming Already
The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ...
Retail, Jobs Data Boost Wall Street
Stocks are resuming their climb as investors get positive readings on two of the best gauges of the economy's health: consumer spending and corporate profits. ...
GM to Sell Hummer to Sichuan Tengzhong Heavy
General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, ...
New Jobless Claims Lowest Since January
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs ease a bit ...
GM Names New Sales Chief As U.S. Market Share Erodes
Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
China Widens Auto Sales Lead with 78% September Jump
China has widened its lead over the U.S. as the world's top auto market, with September sales vaulting 78 percent, spurred by tax cuts and ...
Oracle Turns Up Rhetoric As Server Sales Go to IBM
Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle ...
Dow Closes Above 10,000 for First Time in Year
The Dow Jones industrial average is back above 10,000 for the first time in a year. The Dow crossed five figures Wednesday seven months after ...
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