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China trade growth slows to 2-year lows in December

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China's exports and imports grew at their slowest pace in more than two years in December as foreign and domestic demand ebbed, data showed on Tuesday, bolstering expectations of more policy action from Beijing to support the world's number two economy.
Marc Jacobs Says Rejecting the Dior Job Was 'Best For Everyone'

Marc Jacobs Says Rejecting the Dior Job Was 'Best For Everyone'

American designer and creative head of Louis Vuitton Marc Jacobs is all set for an exciting year that includes a major exhibition in Paris. The designer has opined for the first time since refusing the Dior job that staying back at the label and rejecting the job has probably been the best decision for everyone.
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DoJ contacting additional banks on mortgage deal

As the government nears a deal with top banks to resolve mortgage abuses, the Justice Department has begun reaching out to other banks to gauge their interest in joining the wide-ranging settlement, according to a person familiar with the matter.
Singer Katy Perry holds up her special achievement award, which she received for being the first female pop artist with five number one hits from one album, at the 2011 American Music Awards in Los Angeles

Katy Perry exits show after split from Brand

Pop singer Katy Perry on Monday pulled out of this week's People's Choice Awards show and what would have been her first major public appearance since her split with husband Russell Brand.
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Honda aims to kick-start Acura with new models

Honda Motor Co <7267.T> unveiled three Acura models at the Detroit auto show on Monday including an entry-level sedan and an NSX supercar as it aims to put the struggling premium brand back on the map in the crowded U.S. luxury market.
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Horror flick Devil surprises with $34.5 million

Low-budget horror movie The Devil Inside scared up a surprisingly strong $34.5 million in U.S. and Canadian ticket sales to take possession of the weekend box office crown, according to studio estimates released on Sunday.
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Justice Dept. Inviting More Banks to Join Mortgage Settlement

As the U.S. government nears a deal with top banks to resolve mortgage abuses, the Justice Department has begun reaching out to other banks to gauge their interest in joining the wide-ranging settlement, according to a person familiar with the matter.
A worker walks near a power plant at Alcoa Fjardaal aluminium smelter, eastern Iceland

Alcoa Posts Q4 Loss but Gives Positive Aluminum Outlook

Alcoa Inc posted a fourth-quarter loss Monday due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.
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What's in that OJ? Tropicana is sued

A California woman is suing the maker of Tropicana claiming it is squeezing consumers by touting the best-selling U.S. orange juice as 100% pure and natural when it is not.
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Alcoa posts loss; gives positive aluminum outlook

Alcoa Inc posted a fourth quarter loss due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.
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CES: AT&T promises 8 new high-speed devices

AT&T Inc announced plans to launch seven new smartphones and a tablet computer early this year for a new wireless network it is building, in an effort to catch up with bigger rival Verizon Wireless in high-speed wireless services.
Dish Network CEO Joe Clayton

CES 2012: Dish Network Banks Recovery on New DVRs, Music Service

Dish Network, which has lost ground in the satellite TV wars, is trying to relaunch itself by introducing a set of new and simplified DVRs and adding extensive music services. It also announced a multiyear relationship to carry Spanish-language broadcasts from Univision Communications.
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Amazon, Indiana strike state sales tax deal

Amazon.com Inc and Indiana Governor Mitch Daniels unveiled an agreement on Monday that may mean that the world's largest Internet retailer starts collecting sales tax in the state in 2014.
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Juniper Networks cuts Q4 outlook

Network equipment maker Juniper Networks Inc cut its fourth-quarter outlook, primarily due to weaker-than-expected router demand from service providers, sending its shares down 4 percent in trading after the bell.
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U.S. Aims to Cut Abuses of Phone Subsidy for the Poor

The top U.S. communications regulator on Monday proposed measures to eliminate the waste and fraud plaguing a telephone subsidy for the poor, and broaden the program to bring high-speed Internet to more low-income households.
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U.S. eyes fewer abuses of phone subsidy for the poor

The top U.S. communications regulator on Monday proposed measures to eliminate the waste and fraud plaguing a telephone subsidy for the poor, and broaden the program to bring high-speed Internet to more low-income households.
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Walmart's free offer could come with a price

As tax season begins, a decision by Wal-Mart Stores Inc to offer some free and discounted tax preparation in conjunction with its check-cashing services at more than 3,000 U.S. stores is less about giving back and more about bringing in, experts cautioned.
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Amazon and Indiana strike state sales tax deal

Amazon.com Inc and Indiana Governor Mitch Daniels unveiled an agreement on Monday that may mean that the world's largest Internet retailer starts collecting sales tax in the state in 2014.

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