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Empire State Building Owner Fights Proposed Rival

Look at Manhattan from afar, and the first thing you notice is the Empire State Building, spiking like a needle above the carpet of skyscrapers

Eurozone Grew Faster Than U.S. in Q2

The economy of the 16 countries that use the euro grew by a better-than-expected 1 percent during the second quarter as growth engine Germany

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 ...

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.

World Stocks Fall on Japan Export Slowdown

World stocks markets mostly fell Monday after figures showed that Japan's economic growth slowed sharply during the second quarter

China's Ag Bank Confirms IPO Was World's Largest

The Agricultural Bank of China says it raised a world record $22.1 billion in its initial public offering last month, despite a tepid reception from ...

Apple Manager Indicted on Kickback Charges

A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.

U.S. Stocks Keep Slipping on Confusing Data

The stock market has fallen for the fourth straight day after a mixed batch of readings on consumer spending contributed to a muddled picture

magicJack Company to Offer Free Calls from Computers

The company behind the magicJack, the Internet phone gadget heavily advertised on television, has another trick up its sleeve

IBM Adds Online Marketing Tools with Unica Buy

IBM Corp. said Friday that it has agreed to buy the marketing services company Unica Corp. in a $480 million deal that would give IBM

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

Retail Sales, Prices Rise on Growing Car Demand

A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted

Korean Air Operating Profit Doubles but Loses on Fuel

Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.

Asian Stocks End Losing Streak on Bargain Hunting

Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.

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

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. ...

China Tries to Meet Booming Demand for Movies

China said it will expand its movie industry by making more films and building more theaters to meet growing demand.

Taiwan GDP Surged 12.5% on Electronics Demand

Taiwan's export-reliant economy surged 12.5 percent year-on-year in the second quarter on strong foreign demand for the island's electronics

Lenovo Returns to Profit on Surging China PC Sales

Lenovo Group, the fourth-largest personal computer maker, said Thursday it rebounded to a quarterly profit from a loss a year earlier

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

Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks

Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality

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.

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

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.

Top China Firms Surpass U.S. in Profit-to-Sales Ratios

The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation

Wall Street Resumes Rally on Easing Euro Debt Fears

Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.

Oracle Pay Package Could Give Hurd $250 Mil.

Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO

Obama to Push 3 Stimulus Measures in Ohio Speech

Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives

World Stocks Slip on Europe Bank Debt Fears

World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh

Dollar Falls to 15-Year Low Against Yen

The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...

Japan Machinery Orders Up 8.8% in July

Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident

Google Milks Daily Animated Doodle for Publicity

For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists

China to Cut Trade Surplus with Hi-Tech Imports

China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus

Stocks Slip on Europe Bank Fears, High Yen

Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.

Microsoft Invades Japan with Controller-Free Gaming

Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.

China Rises to Fifth in Oubound Direct Investment

The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.