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IBM Adds $5 Bil. to Share Buyback Program

IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the fact the ...

Nissan Unveils New Platform for Global Minicars

It has become a vexing, billion-dollar question for the world's automakers: How do you build small, cheap cars profitably?

Honda Avoids Loss, Forecasts Surprising Profits

Japanese government incentives for green cars and strong sales in China helped Honda Motor Co. avoid red ink for the first half and raise its ...

Newspapers Report Record Circulation Losses

Circulation at newspapers shrank at an accelerated pace in the past six months, driven in part by stiff price increases imposed by publishers scrambling to ...

Recession Over but Suffering Continues

It's about to become official: The recession is over — but not the pain. The government will release figures this week expected to show that ...

Hertz Boosts Earnings Guidance for 2009

Hertz Global Holdings Inc. on Monday raised its earnings guidance for the year by more than 40 percent

Asian Stocks Drop on Doubts Over U.S. Recovery

Asian stocks retreated Tuesday, following losses on Wall Street amid rising concerns the markets have gotten ahead of economic realities. European markets gained modestly.

Baidu Q3 Profits Jump 42% but Outlook Soft

Baidu Inc., which runs China's leading Internet search engine, said Monday that its third-quarter profit jumped 42 percent as revenue from online marketing services climbed.

iPhone Reaches China Without WiFi Access

Apple's iPhone is making its long-awaited formal debut in the world's most populous mobile phone market, without a key feature and at higher prices

Economic Data Boost Hope Recovery Gaining Momentum

Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.

Global Chip Sales Improve, Still Below 2008 Levels

Global semiconductor sales continued to improve in the third quarter, according to an industry trade group, though revenue remains below year-ago levels.

Ford Reports $1 Bil. Q3 Profits

Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates.

Equipment Spending Growth Boosts Eonomy

Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery.

China's Manufacturing Grows for 8th Straight Month

China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground

AIG Scraps Plans to Sell Japanese Units

American International Group Inc. has dropped plans to sell two Japanese subsidiaries, according to a published report

China's Small-Cap Market Opens for Trading

A new Chinese stock exchange meant to nurture small and high-tech enterprises, modeled on the U.S.-based Nasdaq market

Samsung Profits Triple on Booming Sales

Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products

Dollar Rises After Hitting 14-Month Low

The dollar reversed direction after hitting a 14-month low against the euro in volatile trading Monday after a regional Chinese central bank researcher argued for ...

Japan Jobless Rate Falls for 2nd Straight Month

Japan's unemployment rate fell for the second straight month as companies gained more confidence in the stimulus-fueled global recovery but prices continued to tumble

Strong GDP Growth, Weak Dollar Drive Up Commodities

Commodities prices rebounded Thursday, buoyed by a falling dollar and a stronger-than-expected reading on the economy.

Consumers Return to Pricier Name Brands

Signs of an improving economy might be in your kitchen or bathroom cupboards. Consumers are showing a willingness to pay a little more

China to Invest $1.5 Bil. in Texas Wind Farm

China took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the ...

Hawaii Gov to Woo Big Spenders from China

Gov. Linda Lingle will leave on Friday for a two-week excursion to China where she intends to sell Hawaii as a tourism destination and to ...

Alcoa Working with China on Jetliner Development

Alcoa Inc. said Thursday it is working with China on the development of the country's newest and biggest commercial jetliner.

Asia Stocks Continue Slide on Weak U.S. Data

Asian stock markets fell for a third day Thursday after signs of weakness in the U.S. housing market added to fears about the health of ...

Oil Prices Slump on Surprising Gas Supplies

Oil prices hung below $78 a barrel Thursday in Asia as an unexpected jump in U.S. gasoline supplies cast doubt on the strength of a ...

Oil Shale Trials Show Promise But Leases Shrink

Efforts to mine oil from rock are ongoing in Wyoming, Colorado and Utah, speakers at a symposium said Tuesday, the same day Interior Secretary Ken ...

India's Reva to Build Electric Cars in New York

An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...

Asia Stocks Fall on Wells, China Stimulus Cut Fears

World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...

Hyundai Posts Treble in Q3 to New Record

Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...

China Growth Revs Up to 8.9% in Q3

China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...

Chain Restaurants Compete to Lure Elusive Diners

Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough ...

Qi Lu Announces Microsoft Search Deal with Twitter

Microsoft Corp. has picked up a new weapon in its Internet search duel with Google — full access to Twitter's communications hotbed. The partnership announced ...

Motorola Cliq May Impress Some As "Sick"

Imagine how you'd feel if you peaked in middle school. That's pretty much what happened to cell phone maker Motorola Inc., which had a megahit ...

Comcast to Debut Shows Online for Subscribers

You'll be able to watch popular cable television series such as HBO's "Entourage" and AMC's "Mad Men" on your computer by the end of the ...

Hulu May Start Charging for Video Access

Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...

Wind Power Industry Adds Capacity with Federal Grants

Armed with nearly $1 billion in federal grants, wind farm developers installed more capacity and got projects off the drawing board in the third quarter. ...

Obama Shifts Bailout Focus to Small Banks, Businesses

President Barack Obama wants smaller community banks to have greater access to the government's $700 billion financial rescue fund as the administration refocuses the bailout ...

Yahoo Q3 Profits Triple on Cost-Cutting, Ad Recovery

Yahoo Inc. may finally be pulling out of a three-year slump that cast aside two CEOs and spurred a cost-cutting campaign that led to about ...

UAL Says Business Travel Improving Despite Loss

United Airlines said on Tuesday that it's seeing early signs of a recovery in business travel as it reported a smaller-than-expected quarterly loss. The recession ...

Coach Sales Rise with Help from Lower-Priced Line

Coach Inc.'s fiscal first-quarter profit fell slightly, but revenue rose as new, lower-priced handbag lines helped juice sales. The company blamed heavy promotions spurred by ...

Asia Stocks Up, Europe Down on U.S. Earnings

Most Asian stock markets climbed Tuesday as a rash of better-than-expected earnings reports from major U.S. companies buttressed confidence in the world economy. European markets ...

Toyota Pushes into Hyundai Country

Toyota is making a push into South Korea — the home market of international rival Hyundai Motor Co. — introducing four models including the Camry ...

Toyota Unveils Bigger Hybrid-Only Model

Toyota Motor Corp. has unveiled a more expensive and bigger hybrid-only model than its hit Prius, underlining the Japanese automaker's ambitions to make green technology ...

Fortune Makes Big Changes to Cope with Ad Slump

Fortune is embarking on an ambitious redesign of its business magazine, as a vicious advertising slump is forcing the publication to cut the number of ...

Corning Profits Slip but TV Glass Demand Rises

Corning Inc. said Monday that demand is rebounding for its flat-screen television glass but the specialty glass maker's third-quarter profit fell 16 percent from a ...

Netflix to Stream Movies Through PlayStation 3

PlayStation 3 owners will soon be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox ...

3-D Likely to Be Next Big Home TV Upgrade

Fans scrambled to see 3-D movies such as "Cloudy with a Chance of Meatballs" in theaters this year and new 3-D televisions could soon have ...

Internet to Expand with Non-Latin Domain Names

The Internet is set to undergo one of the biggest changes in its four-decade history with the expected approval this week of international domain names ...

S. Korea Economy Grew at Fastest Pace in 7 Years

South Korea's economy grew at its fastest pace in over seven years in the third quarter amid strength in manufacturing and capital spending as Asian ...