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World Markets Rise on Strong U.S. Earnings

Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.

Four Top U.S. Carriers Vie for Central Tokyo Route

The four biggest U.S. airlines applied on Tuesday for coveted slots at Tokyo's downtown airport, aiming to grab a bigger share of traffic

Bayer Regeneron Eye Drug Meets Study Goal

Regeneron Pharmaceuticals Inc. and Bayer HealthCare AG said Thursday their developing VEGF Trap-Eye drug met key vision improvement goals

Foreign Demand for U.S. Securities Falls

The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing

Kraft Profits More than Treble on Rising Sales

Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits

World Markets Cautiously Up on Barclays Earnings

World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street's open following a public holiday in ...

Akio Toyoda Agrees to Answer More Questions

Toyota announced its president will answer more questions on the beleaguered company's massive global recall at a press conference Wednesday

Toyota May Extend Warranties to Keep Customers

Toyota Motor Corp. may offer incentives or increase the length of its warranties as it tries to recover from an embarrassing string of safety-related recalls.

Wireless Carriers Unite for Universal Apps

The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software

Japan's Q4 GDP Grew at 4.6%

Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.

Foreign Donuteers Assault China's Picky Snackers

Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.

China Tightens Bank Lending Rules

Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts

Akio Toyoda Vows to Change Company's Ways

Toyota's president says he is changing the way the automaker does business as he addresses the safety problems that have led to the recall of ...

Nordstrom Profits More Than Double

Carrying less inventory helped upscale retailer Nordstrom Inc. more than double its second-quarter profit compared with a year earlier

Toyota Records Subpoenaed by Federal Grand Jury

Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...

Lufthansa Pilots Strike Disrupts Air Travel

Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job

Asia Stocks Up on Strong Growth in Taiwan, Thailand

World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony

Campbell Soup Profits Up Despite Falling Sales

Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.

Asian Stocks Rebound from U.S. Rate Hike Shock

Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...

Toyota Boasted of Saving $100 Mil. on Floor Mat Recall

Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...

Toyota Dealers Launch Own Campaign to Reclaim Image

How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...

China Raises Reserves to Cool Lending

China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes

Obama Proposes Simple Fix for Social Security

President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.

FDIC Shutters Banks in Calif., Fla., Texas, Ill.

Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures

Google Pays $125 Mil. for Video Compression Firm

Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.

GE Cut 6% of Workforce in 2009

General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession

Nokia Fights to Keep Edge Against Apple, RIM

Nokia Corp. may be the world's top cell phone maker, but it's no longer a trendsetter, as a host of inventive and alluring technologies from ...

Nestle Reports $10 Bil. Year Profits on Solid Growth

Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop

Singapore Expects Up to 6.5% GDP Growth

Singapore raised its 2010 GDP forecast and now expects the city-state's economy to grow as much as 6.5 percent after contracting last year.

Manufacturing Growth Offsets Jobless Rate, Lifts Stocks

The stock market edged higher as news of stronger regional manufacturing offset concerns about unemployment and weak sales at Wal-Mart.

Power Struggle Scuttles Suntory-Kirin Merger

A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's

German Exports Fell Most in 60 Years

German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch

HK Animation Studio Behind TMNT, Astroboy Shuts Down

The Hong Kong studio behind "TMNT" and "Astro Boy" has shut down as its parent company tries to recover from losses.

Nissan Returned to Profit in Q4

Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier

Apple Wins Smart Phone Sales at Blackberry's Expense

Apple Inc.'s iPhone gained a percentage point of U.S. smart phone market share while BlackBerry maker Research in Motion Inc. lost a point in the ...

Dow Closes Below 10,000 for First Time in 3 Months

The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.

Toyota Plans to Recall 300,000 Priuses

Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday

Asian Stocks Fall on Europe Debt Fears

Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles

U.S. Economic Stress Peaked in December

Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession

European Stocks Rise Past Debt Fears on Bargain-Hunting

European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal

JAL Rebuffs Delta, Sticks with American

Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier

Toyota May Benefit from Powerful Friends in D.C.

Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.

Toyota Expected to Announce Prius Recall

Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...

Boeing 747-8 Freighter Set for Monday Test Flight

Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...

PayPal Suspends Some Transactions in India

The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.

Australian Coal Miner Inks Record Export Deal with China

Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.

Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme

An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...

Dollar Surges Against Euro on Greek Debt Crisis

The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...

Surprise Drop in Jobless Soothes Jumpy Markets

European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried

Silicon Valley Economy May Be Losing Global Edge

Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.