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Business

GM to Court SAIC, Other Foreign Investors for IPO

Investment bankers handling the upcoming General Motors Co. stock sale ...

Lotte Group Buys Control of Pepsi Philippines

Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 ...

Asian Stocks Rise on Hope of More Fed Action

Asian stock markets advanced Tuesday as hopes for more action ...

China Fines Toyota Finance Arm for Bribing Dealers

Authorities in eastern China say they have fined Japanese automaker ...

World's Airlines Treble Profit Forecast

Global airlines have rebounded faster than expected from the recession ...

Oil Slips to $74 Ahead of Key Fed Meeting

Oil prices slipped to near $74 a barrel Tuesday in ...

Strong European Debt Sales Lift Investor Mood

Solid bond auctions in Ireland, Spain and Greece helped to ...

IBM to Pay $1.7 Bil. for Data Miner Netezza

IBM Corp. said Monday it has agreed to pay $1.7 ...

August Jobless Rate Rose in Calif., 26 Other States

More than half of U.S. states saw their unemployment rates ...

Cessna Blames Economy for Cutting 700 Jobs

Cessna Aircraft announced Tuesday it will cut another 700 jobs, ...

MetroPCS Leads 4G Wireless Rollout in U.S.

MetroPCS Communications Inc., a regional cell phone company that mainly ...

Stocks Tilt Back Up After Fed Speaks

Stocks and bonds rose Tuesday after the Federal Reserve said ...

Twitter Hacker Causes Mischief with Feeds

A new way to cause mischief quickly spread through short-messaging ...

Asia Stocks Gain in Thin Holiday Trading

Asian stock markets posted modest gains in holiday-thinned trade Wednesday ...

CarMax Posts Higher Profits on Strong Used-Car Sales

Used car dealership chain CarMax says its fiscal second-quarter net ...

LG Chem Adds Mitsubishi Motors As Battery Client

Mitsubishi Motors became the latest automaker to sign Korea's LG ...

HP Reveals Rosy Outlook but Not Next CEO

Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving ...

Hulu Plus to Play on Roku, Tivo Set-Top Boxes

Hulu Plus, the $10-per-month online TV subscription service, will soon ...

Recession Widens Rich- Poor Gap, Cuts Marriages

The recession seems to be socking Americans in the heart ...

Coca-Cola to Invest $1 Bil. in Philippines

Coca-Cola Co. said Tuesday it will spend $1 billion in ...

Toys R Us to Hire 45,000 Workers, Plans Stock Sale

Toys R Us will hire about 45,000 employees to help ...

China Studio Buys Stake in Hollywood Production Firm

The Hollywood production house behind hits including "Clash of the ...

Blackberry Maker Unveils Small Tablet for Business

The company that gave us the BlackBerry — still the ...

ADB Raises Asia Growth Forecast to 8.2%

The Asian Development Bank raised its forecast for the region's ...

Microsoft's Sleek IE 9 to Load Pages Faster

Microsoft Corp. is unveiling the "beta" test version of Internet ...

Buffett, Ballmer See Thriving Economy Ahead

Some of the biggest names in business said Monday that ...

Wal-Mart Debuts Branded Wireless Service

Wal-Mart Stores Inc. said Monday that it is introducing the ...

Dollar Slides to New 15-Year Low Against Yen

The U.S. dollar fell to a new 15-year low against ...

Yuan Hits New High vs. Dollar Ahead of Hearing

China's currency advanced to a fresh high against the U.S. ...

Eurozone Industrial Production Flat in July

Industrial production in the 16 countries that use the euro ...

Obama Set to Win $30 Bil. Small Business Fund Bill

President Barack Obama is poised to win a long-sought victory ...

Wall Street Continues Rising on Positive Retail Data

World stock markets were mixed Tuesday despite another gain on ...

Japan Intervenes to Weaken Yen, First Time Since 2004

Japan's finance minister has confirmed that Japan intervened in the ...

Twitter Adds Pane for Videos, Photos

Twitter is turning its text-messaging website into a multimedia showcase ...

Japanese Stocks Soar on Weaker Yen

Japanese stocks jumped Wednesday, outperforming other world markets, after the ...

Foreign Investment in China Grew Slower in August

Foreign investment in China weakened again in August after rebounding ...

Mastercard Sees 20% Profit Rise on Overseas Use

MasterCard Inc. expects its net income to rise at least ...

World Stocks Rise on Oracle, RIM Earnings

World stock markets mostly rose Friday as positive earnings news ...

China Rejects U.S. Union Complaint over Clean Energy Support

China rejected a U.S. union's trade complaint over Beijing's support ...

Sony Update Plays 3-D Movies on Playstation

Sony's PlayStation 3 game console will work as a Blu-ray ...

Banks Let Foreclosed Stay Amid Saturated Market

Lenders took back more homes in August than in any ...

Global Markets Dip Ahead of U.S Jobs Report

World markets mostly fell Thursday ahead of another set of ...

U.S. Trade Deficit Surges on Strong Car, PC Demand

Americans' stronger appetites for imported goods, especially cars and computers, ...

Improving Jobs Data Shrugged Off by Wall Street

A September rally driven by economic reports regularly beating modest ...

3-D Grabs Center Stage at Tokyo Game Show

The Tokyo Game Show has a lot of people wearing ...

Samsung Tablets to Be Sold by Top U.S. Wireless Carriers

Samsung says all four major U.S. wireless carriers will sell ...

Playstation Move Gets Gamers Off Couch

Sony Corp. gets gamers off the couch with its new ...

Electric Carmaker BYD Takes Stake in Tibet Lithium Mine

Chinese battery and autos maker BYD Co. said Friday it ...

China Approves Local Branches for Taiwan Banks

China has given approval to four Taiwanese banks to set ...

LG to Replace Electronics CEO with Group Chairman's Brother

South Korea's LG Electronics, the world's third-biggest maker of mobile ...