Ford is adding 1,200 workers to a suburban Detroit factory to build the Fusion, a sign of confidence that the revamped sedan will be a big hit when it goes on sale this fall.
Intel Corp.'s stock price slid again Monday on concerns that the company is in the early stages of a financial slump brought on by the growing popularity of mobile devices that don't rely on its computer chips.
In techno-slang, the first version of Google TV was what’s known as an “epic fail.”
I keep hearing and reading that Mitt Romney has a likability problem. The Republican presidential candidate trails President Barack Obama by 23 points, according to an Aug. 20-22 USA Today/Gallup poll. Early post-convention polling suggests a slight bounce in Romney’s likability, but not enough, apparently, to ensure entry to the White House.
The Obama administration is preparing an executive order with new rules to protect U.S. computer systems, after Congress failed earlier this summer to pass a cybersecurity bill. The provisions include voluntary standards for companies, a special council run by the Homeland Security Department and new regulations covering especially vital systems, according to a draft of the order obtained by The Associated Press.
Consumer borrowing in the U.S. unexpectedly decreased in July for the first time in almost a year, restrained by a second straight decline in credit-card debt.
NEW YORK — Attention is turning to Apple this week amid expectations that it's announcing a new iPhone.
Silicon Valley, it turns out, doesn't revolve around the stock prices of Facebook and its playful sidekick, Zynga.
Sept. 10 (Bloomberg) -- Microsoft Corp. may announce a 15 percent increase to its quarterly dividend later this month, according to data compiled by Bloomberg, as the world’s largest software maker faces a growing cash position.
Who is to blame for Facebook Inc.’s initial public offering? Is it Mark Zuckerberg, Facebook’s founder and chief executive officer? Someone else at the social-networking website? Morgan Stanley, the bank that led the deal? Nasdaq, which botched the stock’s early trading?
Thousands and possibly millions of websites hosted by GoDaddy.com were down Monday, causing trouble for the mainly small businesses that rely on the service.
Stocks slipped on Wall Street as troubling economic news from China and the U.S. outweighed optimism about more stimulus from the Federal Reserve.
Sept. 10 (Bloomberg) -- Coty Inc., the perfume maker that filed for a U.S. initial public offering in June, is delaying the sale until at least next year, according to two people familiar with the process.
President Barack Obama squeaked out a fundraising victory over Mitt Romney in August as the candidates gear up for the final stretch of their closely contested campaign.
Sept. 10 (Bloomberg) -- The gap between yields on Treasury 10-year notes and inflation-linked securities widened to the most in more than five months amid speculation the Federal Reserve’s efforts to spur the economy will send costs higher.
The price of oil finished slightly higher Monday after a push-pull between bad economic news and expectations that central banks will intervene to boost growth.
With its huge reflecting pools, ringed by waterfalls and skyscrapers, and a cavernous underground museum still under construction, the National Sept. 11 Memorial and Museum at the World Trade Center is an awesome spectacle that moved and inspired some 4.5 million visitors in its first year.
Eleven years after terrorists attacked the World Trade Center, the new multibillion-dollar World Trade Center once again dominates the lower Manhattan skyline.
With the conventions over and the first debate still three weeks off, few immediate catalysts loom to change the dynamics of the presidential race. So expect a multi-million-dollar blitz of advertising and heavy on-the-ground campaigning in the days ahead -- centered mostly on battleground states.
Presidential elections, like basketball or football games, are played in quarters; the Democrats just won the third, the summer, giving President Barack Obama a small, not decisive, advantage going into the final stretch.
BP PLC is selling some deep-water Gulf of Mexico oil and gas properties to Texas-based Plains Exploration & Production Co. for $5.55 billion.
Sept. 10 (Bloomberg) -- Oil fluctuated as Greece struggled to qualify for aid payments and amid speculation the Federal Reserve will announce measures to revive the economy this week.
Financial markets have started the week on a flat note as traders wait for further developments in Europe's debt crisis and the U.S. Federal Reserve's latest policy meeting.
Greece's prime minister held a new round of negotiations Monday with representatives of the country's bailout creditors, who are demanding a fresh round of controversial austerity cuts.
A federal appeals court in Philadelphia has refused to accept a case from creditors unhappy with Tribune Co.'s plan to exit bankruptcy protection.
Sept. 10 (Bloomberg) -- Palo Alto Networks Inc. reported a fourth-quarter profit that beat analysts’ estimates, helped by rising demand for anti-hacking technologies and other security products in its first quarter as a publicly traded company.
Sept. 10 (Bloomberg) -- Geron Corp. fell the most ever after the biotechnology company said it will stop research of the experimental imetelstat medicine for use in breast cancer because the drug failed to show enough of a benefit.
Sept. 10 (Bloomberg) -- Hewlett-Packard Co., the world’s largest personal-computer maker, expanded the total job cuts under its reorganization plan announced in May to 29,000, more than it had originally disclosed.
Sept. 10 (Bloomberg) -- Groupon Inc., operator of the largest daily-deal website, named former KPMG LLP executive Brian Stevens as Chief Accounting Officer.
The issue before the Supreme Court is whether an employer _ in this case, Genesis -- can have a proposed collective action under the federal Fair Labor Standards Act dismissed by offering to pay a plaintiff everything that he or she can hope to recover. The NFIB says that it is concerned about the potential effect of this case on employers. The NFIB was joined by several other groups including the U.S. Chamber of Commerce, the American Health Care Association, and the National Center for Assisted Living.
Apple assigns unique device identification numbers (UDIDs) _ a string of numbers and letters -- to all of its devices. The numbers let iTunes and application developers know which device is running which apps. As an example, the numbers allow game developers to keep track of users' high scores.
AstraZeneca PLC's MedImmune unit is joining with a Chinese pharmaceutical outsourcing company to develop an experimental treatment for autoimmune and inflammatory diseases, deepening the British drug developer's presence in the world's second-largest economy.
Warning to Amtrak from Mitt Romney and Republicans: You're on your own.
Hewlett-Packard Co. is planning to cut about 2,000 more jobs than it had previously announced as CEO Meg Whitman tries to turn the company around.
Sept. 10 (Bloomberg) -- Hooters, the chicken-wing chain known for waitresses in tight orange shorts, wants to make it easier for guys to drop by. That means paying a little more attention to their wives and girlfriends.
Shares of Peregrine Pharmaceuticals Inc. continued to rise Monday following successful clinical trial results for Peregrine's cancer drug bavituximab.
Jeff Karp, the chief marketing and chief revenue officer at Zynga, has become the latest executive to leave the struggling online company behind “FarmVille” and other games.
Sept. 10 (Bloomberg) -- BCE Inc., Canada’s largest telecommunications company, plans to use programming gained in its $3 billion acquisition of Astral Media Inc. to create an online movie service that can challenge Netflix Inc.
China's imports shrank unexpectedly in August in a sign its economic slump is worsening and the Chinese president warned growth could slow further, prompting expectations of possible new stimulus spending.
the world's second biggest IPO this year after Facebook.
Britain's government says it will scrap hundreds of regulations affecting businesses, in the hope of boosting the country's lackluster economy.
Sept. 10 (Bloomberg) -- Emerging-market stocks rose, sending the benchmark index to a two-week high, as signs of weak economic growth from China to the U.S. spurred speculation that policy makers will take more steps to counter the slowdown.
China's auto sales growth tumbled to 3.7 percent in August, further deepening an economic slowdown, data showed Monday.
Transocean, a major offshore drilling rig contractor, is selling 38 of its shallow water rigs to newly-formed Shelf Drilling International Holdings Ltd. for about $855 million in cash.
Sept. 10 (Bloomberg) -- The euro fell for the first time in four days versus the dollar as Greece’s coalition failed to reach a deal on 11.5 billion euros ($14.7 billion) of spending cuts, undermining optimism the debt crisis is being contained.
Billionaire investor Carl Icahn is asking Navistar International to let shareholders appoint at least four board members so that stockholders can have more of a say in the decision-making process for the struggling heavy truck and engine company.
Sept. 10 (Bloomberg) -- The Treasury Department is offering to sell $18 billion of American International Group Inc. shares in a transaction that will cut the U.S. stake in the firm to below 50 percent for the first time since its 2008 bailout.
The prospects of finding a part-time job in retailing for the winter holidays are looking a lot rosier than last year, according to a survey of 14 major store chains.
Amazon says buyers of its new Kindle Fire HD tablet will get the option to turn off the advertisements that appear on its standby screen for $15.
Toys R Us plans to launch its own tablet computer aimed at children called Tabeo on Oct. 21, a low-priced entry into the increasingly crowded tablet business.
Tenet Healthcare Corp. said Monday it named Daniel Cancelmi as its chief financial officer.
Jean-Charles Boisset, new owner of California's oldest premium winery, is building the future of 155-year-old Buena Vista Winery on its rich and eclectic heritage.
Infosys is buying managing consulting firm Lodestone Holding AG for 330 mill Swiss francs ($349.4 million) in order to strengthen its consulting business.
T-Mobile USA, the only “Big 4” phone company that doesn't sell the iPhone, now wants to snag used ones from AT&T.
The dollar traded in tight ranges against other major currencies Monday ahead of a Federal Reserve meeting later this week.
Where is president-in-waiting Xi Jinping?
to toast its own sporting success.
BEIGAN, Taiwan (AP) _ Cheng Yu-lan surveys the terraced courtyard outside her deserted Matsu tea shop and considers the $2 billion bonanza about to wash over the offshore Taiwanese archipelago -- a bonanza that seems set to change the lives of its 7,000 people beyond all recognition.
More and more people are visiting the Flight 93 National Memorial in rural western Pennsylvania, authorities say, and new construction is scheduled to begin next year.
The Canadian Hurricane Centre says the country's east coast is bracing for the arrival of Tropical Storm Leslie, which is expected to make landfall Tuesday in Newfoundland.
Federal agents arrested the mayor of New Jersey's capital city early Monday as part of an ongoing corruption investigation into bribery allegations related to a parking garage project that was concocted as part of an FBI sting operation.
A federal judge says the Navy can build a $100 million offshore training range for submarine warfare despite environmentalists' concerns that it would threaten endangered right whales.
The head of the U.N. nuclear agency made an unusually strong demand Monday for Iran to cooperate with an investigation into suspected secret work on nuclear weapons, expressing his frustration with the lack of headway in the probe.
Sept. 10 (Bloomberg) -- Does the cutting of a religious man’s beard remind you of Nazi persecution?
For the first time in a decade, the Sept. 11 attacks and the wars that resulted are not the focus of the presidential election.