China Cut U.S. Treasury Holdings Again in June
China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.
Business
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
Columbia MBA Sues Google for Malicious Poster's ID
A business consultant wants a court to force YouTube and owner Google to unmask a cyber cipher who posted what she says are unauthorized videos
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
Levis Tailors Global Brand Launch for Chinese
Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, joining a growing list of companies that hope to crack
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
ING Q2 Earnings Jump on Healthy Lending Growth
ING Groep NV, the Dutch bank and insurance company, Wednesday reported a sharp rise in second quarter earnings, mostly because it avoided some
Manufacturing Data Restores Faith in Recovery
New government data offered a mixed picture of the economic recovery Tuesday, as U.S. manufacturing activity grew in July at the fastest pace
Check Substantiates NY Man's Claim to 84% of Facebook
A New York man produced a cashed $3,000 check to support his claim that he is contractually entitled to ownership of 84% of Facebook Inc.
Abercrombie & Fitch Returns to Profit in Q2
Abercrombie & Fitch return to a profit in the second quarter as its strategy of lowering some prices boosted sales.
Asia Stocks Rise Modestly As Markets Calm
Asian markets mostly posted tentative gains Tuesday as nerves calmed despite steady driblets of sobering news about the speed of the global economic
Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Dell Buys Data Storage Leader 3Par for $1.13 Bil.
Dell Inc. said Monday it's buying 3Par Inc., a maker of enterprise data storage equipment, for about $1.13 billion cash.
China Overtook Japan As No. 2 Economy in Q2
Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a ...
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
U.S. Corn Exports to Boom As China Eats More Meat
China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat
Hiring Slows Leaving Jobless Rate Unchanged
Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly
Cable, Satellite TV Thrives on Robust Demand
Consumers are feeling more confident about spending on small luxuries such as premium cable services and pay-per-view, propelling the earnings
Retailers Report Mostly Modest Gains in July
Deep discounts on summer leftovers and hot weather drove shoppers into malls in July, but they remained choosy, resulting in only modest gains.
New Jobless Claims Rise to 479,000
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies
Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
AOL Posts $1 Bil. Loss of Writedowns, Lower Sales
Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.
Asia Mixed, Europe Falls on U.S. Recovery Data
World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead
Toyota Posts $2.2 Bil. Profit As Global Sales Recover
Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales
Torch Will Help Blackberry Preserve Status Quo
BlackBerrys still fly off the shelves. They still convey the message that their owners mean business — that they're people who are important enough
RIM in Talks with India Over Access to Blackberry Emails
BlackBerry maker Research in Motion Ltd. says it has not agreed to heightened surveillance of its corporate clients by the Indian government
Most Carmakers Post Higher U.S. Sales for July
Most automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns
Toyota Shifts Focus to Emerging Markets
Toyota has set its sights on getting half of its sales from areas other than Japan, Europe and the United States, a senior company official ...
China Consumer Confidence Rebounds in July
The Chinese spent more in July as inflationary pressures eased on falling food prices, according to the Bankcard Consumer Confidence Index (BCCI)
Nestle Profits Rise 7.5% on Robust Sales Growth
Swiss food and drinks company Nestle SA reported Wednesday a 7.5 percent rise in half-year net profit to 5.45 billion Swiss francs ($5 billion)
World Stocks Fall on Anxiety Over Growth Prospects
World markets dropped Wednesday despite a late rally on Wall Street as investors gave a lukewarm reception to the Federal Reserve's latest batch
Chipmaker Shares Suffer from Fears of PC Slowdown
Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks
China Cut U.S. Treasury Holdings Again in June
China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
Columbia MBA Sues Google for Malicious Poster's ID
A business consultant wants a court to force YouTube and owner Google to unmask a cyber cipher who posted what she says are unauthorized videos
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
Levis Tailors Global Brand Launch for Chinese
Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, joining a growing list of companies that hope to crack
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
ING Q2 Earnings Jump on Healthy Lending Growth
ING Groep NV, the Dutch bank and insurance company, Wednesday reported a sharp rise in second quarter earnings, mostly because it avoided some
Manufacturing Data Restores Faith in Recovery
New government data offered a mixed picture of the economic recovery Tuesday, as U.S. manufacturing activity grew in July at the fastest pace
Check Substantiates NY Man's Claim to 84% of Facebook
A New York man produced a cashed $3,000 check to support his claim that he is contractually entitled to ownership of 84% of Facebook Inc.
Abercrombie & Fitch Returns to Profit in Q2
Abercrombie & Fitch return to a profit in the second quarter as its strategy of lowering some prices boosted sales.
Asia Stocks Rise Modestly As Markets Calm
Asian markets mostly posted tentative gains Tuesday as nerves calmed despite steady driblets of sobering news about the speed of the global economic
Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Dell Buys Data Storage Leader 3Par for $1.13 Bil.
Dell Inc. said Monday it's buying 3Par Inc., a maker of enterprise data storage equipment, for about $1.13 billion cash.
China Overtook Japan As No. 2 Economy in Q2
Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a ...
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
U.S. Corn Exports to Boom As China Eats More Meat
China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat
Hiring Slows Leaving Jobless Rate Unchanged
Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly
Cable, Satellite TV Thrives on Robust Demand
Consumers are feeling more confident about spending on small luxuries such as premium cable services and pay-per-view, propelling the earnings
Retailers Report Mostly Modest Gains in July
Deep discounts on summer leftovers and hot weather drove shoppers into malls in July, but they remained choosy, resulting in only modest gains.
New Jobless Claims Rise to 479,000
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies
Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
AOL Posts $1 Bil. Loss of Writedowns, Lower Sales
Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.
Asia Mixed, Europe Falls on U.S. Recovery Data
World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead
Toyota Posts $2.2 Bil. Profit As Global Sales Recover
Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales
Torch Will Help Blackberry Preserve Status Quo
BlackBerrys still fly off the shelves. They still convey the message that their owners mean business — that they're people who are important enough
RIM in Talks with India Over Access to Blackberry Emails
BlackBerry maker Research in Motion Ltd. says it has not agreed to heightened surveillance of its corporate clients by the Indian government
Most Carmakers Post Higher U.S. Sales for July
Most automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns
Toyota Shifts Focus to Emerging Markets
Toyota has set its sights on getting half of its sales from areas other than Japan, Europe and the United States, a senior company official ...
China Consumer Confidence Rebounds in July
The Chinese spent more in July as inflationary pressures eased on falling food prices, according to the Bankcard Consumer Confidence Index (BCCI)
Nestle Profits Rise 7.5% on Robust Sales Growth
Swiss food and drinks company Nestle SA reported Wednesday a 7.5 percent rise in half-year net profit to 5.45 billion Swiss francs ($5 billion)
World Stocks Fall on Anxiety Over Growth Prospects
World markets dropped Wednesday despite a late rally on Wall Street as investors gave a lukewarm reception to the Federal Reserve's latest batch
Chipmaker Shares Suffer from Fears of PC Slowdown
Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks
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