Japan's latest burst of economic stimulus spending is aimed at promoting energy-efficient products made by recession-hit exporters, but analysts say it is unlikely to help the world's fifth-biggest polluter cut greenhouse gas emissions.
Somali pirates holding an American on a drifting lifeboat vowed on Friday to fight any attack by U.S. naval forces and reportedly recaptured their hostage when he jumped overboard to escape.
A Florida utility and a real estate developer are aiming to bring the country's first solar-powered city to the Sunshine State.
U.S. bank Wells Fargo forecast a record profit, South Korea steered clear of recession, and Chinese export data beat expectations, all offering hope that the worst of the financial crisis had passed.
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Goldman Sachs Group Inc is considering making a multibillion dollar share offering to investors as part of its efforts to repay a $10 billion government loan, the Wall Street Journal reported citing people familiar with the matter.
Ahh, you remember it, don't you? Sitting in the back of your family's station wagon as a kid, your father pulls up to the gas pump and a station attendant
In 1926, Adriano and Marcello Ducati founded a company that specialised not in motorcycles, but the production of radio components.
Asian shares rose on Friday, with South Korean stocks hitting a 6-month high after the country averted recession in the first quarter, as a Wall Street rally boosted risk demand around the region and dented the yen.
The U.S. economy is set to emerge from recession in the second half of this year as consumer spending and the housing sector recover, but unemployment will rise well into 2010, according to a survey.
The U.S. Treasury Department is asking banks not to mention the regulatory stress tests as part of their first-quarter earnings results, according to a source familiar with government discussions.
China has denied a report issued yesterday stating that it had penetrated the U.S. electrical grid.
The U.S. Treasury Department is asking banks not to mention the regulatory stress tests as part of their first-quarter earnings results, according to a source familiar with government discussions.
The U.S. Treasury Department is asking banks not to mention the regulatory stress tests as part of their first-quarter earnings results, according to a source familiar with government discussions.
Korean automaker Hyundai Motor Co (005380.KS) is looking at the possibility of adding electric vehicles to its lineup, U.S. Chief Executive John Krafcik said on Thursday.
President Barack Obama, saying he was committed to a strong U.S. auto industry, announced on Thursday the government would buy 17,600 new fuel-efficient vehicles from ailing American automakers by June 1.
A year ago, General Motors Corp rolled out rapper 50 Cent to launch a new sport truck at the New York Auto Show. This year it sent executives in suits with a PowerPoint presentation.
If Wells Fargo's upbeat first-quarter performance is any sign, Wall Street could rally further next week on any reassuring news from three other big banks due to post quarterly results.
Google's YouTube and Universal Music Group, the world's largest music company, said on Thursday they will launch a premium music video website as they bid to increase revenue from YouTube's huge usage.
Chevron Corp warned that first-quarter earnings would be sharply lower than the previous quarter as lower oil and gas prices took a toll and refined-product margins shrank significantly.
Somali pirates are on the run and the international community must do more to trace the money trail to find their backers, the U.N. envoy to Somalia said on Thursday.
North Korea re-elected Kim Jong-il as its supreme military leader at its newly seated parliament on Thursday, marking his return to center stage as the country celebrates what it calls a triumphant satellite launch.
