European Flights Nearly Back to Normal As Ash Clears
Flights across Europe were operating normally Monday after a plume of volcanic ash that disrupted air traffic and forced some airports to close
Business
EU Sets Up $1 Tril. Package to Defend Euro
The European Union and the International Monetary Fund pledged a massive nearly $1 trillion defense package for the embattled euro Monday
Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Stocks Surge on Word China to Hold European Debt
Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.
India Returns to Pre-Recession Growth
A rebound in manufacturing and recovering farm output drove India's quarterly economic growth to 8.6 percent, the best in two years
Panasonic Buys Sanyo, Seeks Solar Power Lead
Panasonic Corp. is banking on the solar-panel business that it gained by acquiring domestic rival Sanyo, aiming for top market share of at least 35 ...
Japan Factory Output Up for 2nd Straight Month
Japan's industrial production rose for a second straight month in April propelled by robust growth in China and the rest of Asia.
April Consumer Spending Hints at Slow Recovery
Consumer spending was stagnant in April while incomes posted a tiny advance, signs that the economic recovery could slow.
iPad Launch Draws Long Lines in Asia, Europe
Shoppers are mobbing Apple's flagship store in London in hopes of getting the gadget of the moment — the iPad.
Suicide-Plagued Foxconn Raises Worker Wages
The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an ...
Japan Carmakers Enjoy Sales, Export Boom in April
Japan's biggest automakers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.
Ford May Be About to Discontinue Mercury Line
Mercury could soon be the latest Detroit car brand to disappear. Ford Motor Co. is assessing the future of Mercury, although a final decision
J&J Probed for "Phantom Recall" of Pain Relievers
Congressional investigators said Wednesday that Johnson & Johnson hired a private company that bought up defective packets of pain relievers in 2008
Honda to Restart China Line After Parts Plant Strike
Honda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at ...
Tiffany Profits Double on Soaring Asia Sales
Jewelry and gift seller Tiffany & Co.'s net income more than doubled in the first quarter as its revenue rose in the U.S. and soared ...
Costco Profits Jump 46% on Sales, Memberships
Costco Wholesale Corp.'s profit climbed 46 percent in the fiscal third quarter as sales and membership revenue both rose.
Honda China Plant Stopped by Worker Strike
Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.
Asia, Europe Stocks Rise on Asian, U.S. Data
World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth
China's Stock Market Defies Robust Real Growth
Shanghai has Wall Street-size ambitions for its financial markets, and this month, it got a charging bronze bull to match those aspirations.
Asian Stocks Fall on Europe Debt Fears
Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly
Yahoo Paints Brighening Picture Through 2013
Yahoo Inc. raised its financial target Wednesday, reflecting expectations that the Internet company will attract more online advertisers as it reaps savings
Feds Profit from $6.2 Bil. Sale of Citigroup Stock
The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the ...
Euro Slide Pushes Dow to Sub-10K Close
A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below ...
German Car Exports Jump 49% in May
German car exports increased by nearly half in May compared to a year earlier but sales continued to slide at home, an industry group said ...
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
Slowing Productivity Growth Seen As Hopeful Sign
Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...
Jobless Claims Drop for 2nd Straight Week
New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
Airline Recovery Quickens on Asia, U.S. Growth
The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe
May Retail Report Shows Spending Slowed
Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending
Ford to End Mercury Production in 2010
Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.
Pending Home Sale Forecasts Boost Stocks
Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.
Most Carmakers Post Double-Digit Gains for May
Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.
Spain's Borrowing Costs Rise to Alarming Levels
Wary investors pushed up Spain's borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country's efforts to avoid
Facebook Faces Growing Privacy Protests
Facebook is simplifying its privacy controls amid growing unrest from many of its users.
Prudential Gives Up Bid to Buy AIA from AIG
Prudential PLC has accepted defeat in its ambitious $35.5-billion plan to acquire Asian insurance company AIA from U.S. insurance company AIG.
Taiwanese e-Readers Use Efficient Ink-Based Displays
aiwanese electronics firms displayed a slew of e-readers at an industry show Tuesday, with one maker unveiling a lightweight model that can display
BP Shares Plunge As It Begins Big Cut-and-Cap Bid
BP lost billions more in market value Tuesday when shares fell steeply in the first trading day since the company failed to plug the worst ...
Europe's Ryanair Soars Back into Full-Year Profit
European budget airline Ryanair announced a return to robust full-year profits Tuesday and unveiled its first-ever cash dividend to shareholders
HP to Cut 9,000 Jobs, Take $1 Bil. in Charges
Hewlett-Packard Co. said Tuesday it will cut about 9,000 jobs and take $1 billion in charges over three years as it creates fully automated commercial ...
Construction, Manufacturing Data Reverse Stock Declines
Stocks are erasing early losses after reports on construction spending and manufacturing signal that the economy is continuing its recovery.
Europe Debt Crisis Breakdown by Country
Europe's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil.
iPad Sales Hit 2 Mil. Mark
Apple Inc. said Monday that iPad sales have topped 2 million since its launch nearly two months ago.
AsusTek Unveils Tablet PC Running Windows 7
Taiwan's AsusTek Computer Inc. unveiled Monday a portable tablet computer that runs on Microsoft's Windows 7 operating system
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
German Business Confidence Dips on Debt Crisis
German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets
European Flights Nearly Back to Normal As Ash Clears
Flights across Europe were operating normally Monday after a plume of volcanic ash that disrupted air traffic and forced some airports to close
EU Sets Up $1 Tril. Package to Defend Euro
The European Union and the International Monetary Fund pledged a massive nearly $1 trillion defense package for the embattled euro Monday
Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Stocks Surge on Word China to Hold European Debt
Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.
India Returns to Pre-Recession Growth
A rebound in manufacturing and recovering farm output drove India's quarterly economic growth to 8.6 percent, the best in two years
Panasonic Buys Sanyo, Seeks Solar Power Lead
Panasonic Corp. is banking on the solar-panel business that it gained by acquiring domestic rival Sanyo, aiming for top market share of at least 35 ...
Japan Factory Output Up for 2nd Straight Month
Japan's industrial production rose for a second straight month in April propelled by robust growth in China and the rest of Asia.
April Consumer Spending Hints at Slow Recovery
Consumer spending was stagnant in April while incomes posted a tiny advance, signs that the economic recovery could slow.
iPad Launch Draws Long Lines in Asia, Europe
Shoppers are mobbing Apple's flagship store in London in hopes of getting the gadget of the moment — the iPad.
Suicide-Plagued Foxconn Raises Worker Wages
The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an ...
Japan Carmakers Enjoy Sales, Export Boom in April
Japan's biggest automakers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.
Ford May Be About to Discontinue Mercury Line
Mercury could soon be the latest Detroit car brand to disappear. Ford Motor Co. is assessing the future of Mercury, although a final decision
J&J Probed for "Phantom Recall" of Pain Relievers
Congressional investigators said Wednesday that Johnson & Johnson hired a private company that bought up defective packets of pain relievers in 2008
Honda to Restart China Line After Parts Plant Strike
Honda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at ...
Tiffany Profits Double on Soaring Asia Sales
Jewelry and gift seller Tiffany & Co.'s net income more than doubled in the first quarter as its revenue rose in the U.S. and soared ...
Costco Profits Jump 46% on Sales, Memberships
Costco Wholesale Corp.'s profit climbed 46 percent in the fiscal third quarter as sales and membership revenue both rose.
Honda China Plant Stopped by Worker Strike
Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.
Asia, Europe Stocks Rise on Asian, U.S. Data
World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth
China's Stock Market Defies Robust Real Growth
Shanghai has Wall Street-size ambitions for its financial markets, and this month, it got a charging bronze bull to match those aspirations.
Asian Stocks Fall on Europe Debt Fears
Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly
Yahoo Paints Brighening Picture Through 2013
Yahoo Inc. raised its financial target Wednesday, reflecting expectations that the Internet company will attract more online advertisers as it reaps savings
Feds Profit from $6.2 Bil. Sale of Citigroup Stock
The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the ...
Euro Slide Pushes Dow to Sub-10K Close
A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below ...
German Car Exports Jump 49% in May
German car exports increased by nearly half in May compared to a year earlier but sales continued to slide at home, an industry group said ...
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
Slowing Productivity Growth Seen As Hopeful Sign
Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...
Jobless Claims Drop for 2nd Straight Week
New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
Airline Recovery Quickens on Asia, U.S. Growth
The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe
May Retail Report Shows Spending Slowed
Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending
Ford to End Mercury Production in 2010
Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.
Pending Home Sale Forecasts Boost Stocks
Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.
Most Carmakers Post Double-Digit Gains for May
Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.
Spain's Borrowing Costs Rise to Alarming Levels
Wary investors pushed up Spain's borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country's efforts to avoid
Facebook Faces Growing Privacy Protests
Facebook is simplifying its privacy controls amid growing unrest from many of its users.
Prudential Gives Up Bid to Buy AIA from AIG
Prudential PLC has accepted defeat in its ambitious $35.5-billion plan to acquire Asian insurance company AIA from U.S. insurance company AIG.
Taiwanese e-Readers Use Efficient Ink-Based Displays
aiwanese electronics firms displayed a slew of e-readers at an industry show Tuesday, with one maker unveiling a lightweight model that can display
BP Shares Plunge As It Begins Big Cut-and-Cap Bid
BP lost billions more in market value Tuesday when shares fell steeply in the first trading day since the company failed to plug the worst ...
Europe's Ryanair Soars Back into Full-Year Profit
European budget airline Ryanair announced a return to robust full-year profits Tuesday and unveiled its first-ever cash dividend to shareholders
HP to Cut 9,000 Jobs, Take $1 Bil. in Charges
Hewlett-Packard Co. said Tuesday it will cut about 9,000 jobs and take $1 billion in charges over three years as it creates fully automated commercial ...
Construction, Manufacturing Data Reverse Stock Declines
Stocks are erasing early losses after reports on construction spending and manufacturing signal that the economy is continuing its recovery.
Europe Debt Crisis Breakdown by Country
Europe's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil.
iPad Sales Hit 2 Mil. Mark
Apple Inc. said Monday that iPad sales have topped 2 million since its launch nearly two months ago.
AsusTek Unveils Tablet PC Running Windows 7
Taiwan's AsusTek Computer Inc. unveiled Monday a portable tablet computer that runs on Microsoft's Windows 7 operating system
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
German Business Confidence Dips on Debt Crisis
German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets
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