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Peugeot Citroen Signs $1.2 Bil. to Make Cars in China

France's PSA Peugeot Citroen SA signed a deal Friday to set up a euro935 million ($1.2 billion) joint venture to make small, low-emission cars

World Stocks Continue Rise on Korea Rate Hike

World stock markets rose Friday on hopes that global economic growth will prove resilient, with investors viewing a surprise interest rate hike

Ford Pays $4 Bil. More to Reduce Debt Load

Ford Motor Co. says it's making another $4 billion payment on its huge debt.

Video Game Retail Sales Fall on Lower Console Prices

Video game retail sales slipped once again in May, hurt by lower prices of gaming consoles.

Google to Buy Travel Tech Firm ITA for $700 Mil.

Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer ...

GM Reports June Sales Drop from May

Sales of General Motors Co. cars and trucks fell nearly 13 percent from May to June, a sign that this year's slow recovery in auto ...

Global Stocks Slide on Growth Slowdown Fears

Global stock markets fell Thursday after weak manufacturing surveys provided new evidence that the world's biggest economies, from the U.S. to China

German Consumer Spending Shows Signs of Life

A small rise in retail sales offered a hopeful sign Thursday for Germany's long-sluggish domestic demand, even as the country's economy minister

Japan Business Confidence at 2-Year High

Major Japanese manufacturers — riding high from a booming Asia — haven't felt this good in two years.

Toyota Reports Faulty Engines in 270,000 Cars

Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines

Microsoft Kills Off Kin Line of Phones Mid-Rollout

For Microsoft, there will be no next of Kin. The company said Wednesday it will halt the planned rollout of Kin One and Kin Two

Scientists Conduct Toyota Acceleration Study

The government said Wednesday it had not uncovered any electronic problems in runaway Toyotas as a scientific panel started work on an extensive study

Toshiba to Enter Electric Car Battery Market

Japanese electronics maker Toshiba Corp. said Friday it's jumping into the battery business for electric vehicles in a development deal with Mitsubishi

Britain May Slip Back into Recession on Weak Exports

Britain could be pushed back into recession by the government's austerity moves and slow recovery in key export markets

Asia Falls on Fears of Slowing in China, U.S.

European markets edged higher in volatile trading Wednesday a day after logging steep losses, while major Asian indexes closed down on worries

China Honey Producers Run Afoul of Tough U.S. Laws

Businessman Yan Yongxiang was trying to get around stiff U.S. levies on imports of cheap Chinese honey. So he sent 15 shipping containers of cut-rate ...

Consumer Confidence Falls Most Since Feb.

So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday and left a key index at its lowest level of the ...

Stocks Skid on Renewed Global Slowdown Fears

No matter where they look, investors are seeing economic trouble. Stocks and interest rates plunged Tuesday after signs of slowing economies

Tesla IPO Raises $226 Mil., Shares Surge

Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money

Distillers Dare Drinkers to Try Flesh-Flavored Vodkas

Prepare your palate for carnivorous cocktails. The Alaska Distillery in Wasilla just recently launched its Smoked Salmon Flavored

Foxconn to Build Megaplant in China Despite Deaths

Foxconn Technology, a supplier to Apple Inc., looks ready to build a huge new factory in north-central China despite the company's own misgivings

Toyota Recalls 92,000 Luxury Cars in Japan

Toyota started recalling more than 90,000 luxury Lexus and Crown vehicles Monday in Japan over defective engines — the latest setback

Economic Stress Continues Easing in Most U.S. Counties

Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures

World Markets Rise on Bargain Hunting

World markets rose Tuesday as investors scooped up stocks that had been pummeled last week and anticipated a rally on Wall Street

Toyota Begins Global Lexus Recall for Engine Defect

Toyota started a global recall over engine defects in its Lexus and Crown models, moving to repair more than 95,000 vehicles in Japan and South ...

Ethnic Vegetables Sprout New Sales for U.S. Farmers

Maxixe, a Brazilian relative of the cucumber, is relatively unknown in the U.S., but it may one day be as common as cilantro as farmers ...

Greece Upbeat As Debt Crisis Eases

Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011

Healthcare Bill Kick In to Expand Coverage

The first stage of President Barack Obama's health care overhaul is expected to provide coverage to about 1 million uninsured Americans

Mercedes June Sales Up 13% on China, U.S. Demand

Sales of Mercedes-Benz cars were up 13.2 percent in the year to June as strong demand for the premium brand in China and the United ...

Chrysler to Set Up Separate Fiat Dealer Network

Chrysler Group LLC will set up a separate dealership network to sell cars made by Italy's Fiat Group SpA when they are reintroduced in the ...

Fed Survey Finds Modest Recovery Across Nation

For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner

Asian Stocks Mixed on Conflicting U.S. Economic Data

Asian stock markets were mixed in early trading Monday as a disappointing U.S. jobs report sparked worries that a recovery in the world's largest

Obama Awards $2 Bil. for Solar Power Plants

The government is handing out nearly $2 billion for new solar plants that President Barack Obama says will create thousands of jobs

China Workers End Another Electronics Plant Strike

Workers at a Japanese-owned electronics plant in northern China have ended a strike over pay and benefits after four days

More Private Sector Jobs Bring Down Jobless Rate

A wave of census layoffs cut the nation's payrolls in June for the first time in six months, while private employers added a modest number ...

Gas Prices Likely to Fall Over July 4th Weekend

The economy may be making people nervous, but drivers should have a happy Fourth of July at the pump.

Economy Still Headed in Right Direction Says Obama

President Barack Obama on Friday cast the state of the economy in upbeat terms, declaring that it was headed in the right direction even as ...

China Revises 2009 Growth Upward to 9.1%

China's economy grew even faster in 2009 than previously reported, adding to concern the flood of stimulus spending and loans that drove its

GM Sales in China Overtake U.S. on Surging Demand

General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand.

Japan's Economy Grows for 4th Straight Quarter

Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.

Toyota to Invest $50 Mil. in Tesla Electric Car Plant

The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars

Stocks Suffer Biggest Plunge in Over 1 Year

Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine

Dell Income Jumps 52% on PC Sales, Services

Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services

New Jobless Claims Jump Most in Three Months

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.

Vanishing Inflation Helps Consumers, Borrowers

Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.

Staples Income Rises on Sales Growth

Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.

Sears Income Falls on Bigger Appliance Discounts

Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.

Toyota Expert Calls for Akio Toyoda to Step Down

An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors

Singapore GDP Soars 15.5% in Q1

Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back

World Markets Falls on Europe Debt Fears

World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.