China Manufacturing Accelerated in April on Domestic Demand
A survey says China's manufacturing accelerated in April as domestic demand increased.
Business
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Asian Stocks Drop as China Raises Bank Reserve
Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
Comcast Profits Rise on Subscriptions, Ad Rebound
Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.
Sprint Nextel Subscriber Loss Slows on Cheap Plans
Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service
Time Warner Asked to Stop Claiming Fiber Optics
An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
Asia Stocks Slide, Europe Steadies
European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries
Zurich Financial Reports 76% Profit Jump
Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters
Indonesian Ancient Treasure Auction Sinks
A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed
World Stocks Fall Again As 3 Killed in Greek Strike
World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread
BMW Earns $424 Mil. in Q1 on Strong Revenue Growth
German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars
Germany Says Greek Aid Likely By May 7
Germany could have its contribution to a financial aid package for Greece approved by the end of next week if Athens successfully finalizes
Apple's Developer Policy Draws Antitrust Scrutiny
Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming
ADM Profits Surge on Biofuel Demand
Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year
Oil Slips on Rising Dollar, Inventories
Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies
GM Celebrate's Suburban's 75th Birthday
The Chevrolet Suburban, the roomy choice of hunters, law enforcement agencies and soccer moms, celebrated its 75th anniversary Monday
GM's 6.4% April Sales Growth Less Than Expected
General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...
Consumer Spending Growth Financed from Savings
Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest ...
Avis Offers to Top Hertz Bid for Dollar Thrifty
Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.
United, Continental Merge into World's Biggest Airline
United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
China Manufacturing Accelerated in April on Domestic Demand
A survey says China's manufacturing accelerated in April as domestic demand increased.
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Asian Stocks Drop as China Raises Bank Reserve
Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
Comcast Profits Rise on Subscriptions, Ad Rebound
Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.
Sprint Nextel Subscriber Loss Slows on Cheap Plans
Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service
Time Warner Asked to Stop Claiming Fiber Optics
An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
Asia Stocks Slide, Europe Steadies
European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries
Zurich Financial Reports 76% Profit Jump
Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters
Indonesian Ancient Treasure Auction Sinks
A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed
World Stocks Fall Again As 3 Killed in Greek Strike
World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread
BMW Earns $424 Mil. in Q1 on Strong Revenue Growth
German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars
Germany Says Greek Aid Likely By May 7
Germany could have its contribution to a financial aid package for Greece approved by the end of next week if Athens successfully finalizes
Apple's Developer Policy Draws Antitrust Scrutiny
Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming
ADM Profits Surge on Biofuel Demand
Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year
Oil Slips on Rising Dollar, Inventories
Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies
GM Celebrate's Suburban's 75th Birthday
The Chevrolet Suburban, the roomy choice of hunters, law enforcement agencies and soccer moms, celebrated its 75th anniversary Monday
GM's 6.4% April Sales Growth Less Than Expected
General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...
Consumer Spending Growth Financed from Savings
Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest ...
Avis Offers to Top Hertz Bid for Dollar Thrifty
Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.
United, Continental Merge into World's Biggest Airline
United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
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