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Europe Stocks Anticipate Wall Street Rebound

European stock markets rose Monday as investors looked past a downgrade of Ireland's public debt and instead bet on a rebound on Wall Street

Phillips Profits Jump 5-Fold on Strong TV Sales

Football fans buying new flat screen televisions to watch the World Cup helped Dutch electronics maker Royal Philips Electronics NV post

Recovery Continues at Slower Pace

Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs

Investors Dump Stocks Despite Strong Profit Reports

Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure. Earnings gushed last week like ...

Airbus, Boeing Kick Off Show with Big Orders

Boeing Co. predicts significant new plane orders for itself and European arch rival Airbus at the Farnborough International Airshow

China, Japan Cut U.S. Treasury Holdings in May

China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.

Jobs Has Imperfect Response for iPhone Glitch

A perfect iPhone? There's no app for that. Apple Inc. will give free protective cases to buyers of its latest iPhone to prevent reception

Nokia Siemens Buys Motorola Network

Nokia Siemens Networks says it will acquire the majority of Motorola's wireless operations in a $1.2 billion deal.

Stocks Rise in Europe As Asia Slips on U.S. Concerns

European stock markets rose Friday, helped by a late rally on Wall Street overnight, while the euro headed towards $1.30 for the first time

Agri Bank Shares Creep Up in HK After $22.1 Bil. IPO

Agricultural Bank of China's shares inched up in trading on the Hong Kong stock exchange Friday, despite a tepid reception in Shanghai

Google Q2 Shares Fall on Rising Payroll Costs

Google Inc. is doing its part to stimulate the economy and hurting its stock in the process. With its payroll

Europe Debt Crisis Eases on News from Germany, Spain

Europe got scraps of positive news Thursday in its battle to overcome a government debt crisis, as Germany cut its budget deficit forecast

Apple to Address iPhone 4 Antenna Problem Friday

Apple Inc. said it will hold a press conference on Friday to discuss the latest iPhone model, which has been beset by complaints

Wholesale Prices Fall for 3rd Consecutive Month

Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished

New Jobless Claims Fall Sharply Again

New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.

JPMorgan Profits Soar to $4.8 Bil. in Q2

JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans

Asia Stocks Rise, Europe Falls on Goldman Earnings

European stocks and Wall Street futures fell Tuesday after lower than expected earnings from U.S. investment bank Goldman Sachs

Tiger Woods Endorsements Fall $22 Mil. in 2010

Tiger Woods' estimated endorsements for 2010 are worth $22 million less than last year, according to Sports Illustrated's annual analysis

Obama Signs Long-Debated Financial Overhaul Bill

Reveling over a new milestone in his presidency, a triumphant Barack Obama on Wednesday signed into law the most sweeping overhaul of lending

Coca-Cola Net Income Surges on Global Thirst

Coca-Cola Co.'s second-quarter net income climbed 16 percent as the world's largest drink maker sold more soft drinks and juices

Morgan Stanley Reports Big Income Jump

Morgan Stanley says its second-quarter net income jumped to $1.58 billion, easily topping forecasts as its Smith Barney brokerage

Airbus Takes Lead As Farnborough Hits $25 Bil.

Plane makers notched up more orders on the third day of the Farnborough International Airshow on Wednesday — bringing the tally past $25 billion

World Markets Rise on Sweet Apple Earnings

Asian stock markets posted mild gains Wednesday after better-than-expected earnings from technology bellwether Apple nudged Wall Street higher.

BP Raises $7 Bil. with Asset Sale to Apache

BP PLC is moving quickly to secure the money it needs to pay for the spill in the Gulf of Mexico. Just weeks after promising ...

LightSquared to Offer 4G Wireless Network Across US

U.S. consumers and businesses may get more options in wireless service starting next year, with the launch of a new wireless broadband

Asia Stocks Up on Strong Corporate Earnings

Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.

$21 Bil. in Plane Orders Signals Airline Recovery

Airbus says that Hong Kong Airlines intends to buy $5.7 billion of its widebody A350 and A330 planes.

PepsiCo Revenues Soar on Overseas Growth

Foreign currency fluctuations pushed down PepsiCo Inc.'s second-quarter net income 3 percent, even though revenue soared

Toyota Subpoenaed on Steering Rod Defect

Toyota Motor Corp. said Tuesday it has been subpoenaed by a federal grand jury in New York to submit documents related to problems with rods

Google Pledged to Obey Law to Earn China Renewal

China renewed Google's Internet license after it pledged to obey censorship laws and stop automatically switching mainland users

China Should Boost Interest Rates Says ADB

China should boost interest rates or allow its currency to strengthen to help curb inflation pressures, the Asian Development Bank said Tuesday.

IBM Posts Higher Q2 Profits, Raises 2010 Guidance

IBM Corp. jacked up its 2010 guidance Monday on the technology company's belief that it can wring more profit from its workhorse

Stock Market Moves Up Despite Weak Housing Data

Stocks rose modestly Monday as investors bought selectively following the market's big slide last week. The Dow Jones

Delta Posts $467 Mil. Q2 Profits

Delta Air Lines reversed a second-quarter loss with what it says is its largest quarterly profit in a decade thanks to strong passenger revenue.

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