GM boosts pickup truck deals to shed inventory
With Chevy Silverado and GMC Sierra pickup trucks piling up on dealer lots, General Motors is offering generous deals to thin the stock. It's matching ...
Stocks edge lower; Apple sinks 4 percent
Apple, the most valuable company in the U.S., slumped Friday, helping to drag down the stock market. A lack of progress in federal budget talks also ...
Holiday shoppers may see big discounts soon
If shoppers don't show up in stores soon, more "70 percent off" sale signs will. After a promising start to the holiday shopping season over the ...
Volkswagen Group reports record sales
Volkswagen AG says group sales through the first 11 months of 2012 have already surpassed last year's record full-year result as deliveries outside ...
GM gives its big pickups a much-needed makeover
General Motors is giving its big pickups a much-needed makeover. The company unveiled new versions of its top-selling Chevrolet Silverado and GMC ...
US holiday sales slowly pick up after Sandy
U.S. consumers shook off Superstorm Sandy last month and stepped up holiday shopping, helped by a steady job market and lower gas prices. Retail sales ...
US business stockpiles rise 0.4 percent in October
U.S. businesses added to their stockpiles in October while sales fell, a sign that companies may order fewer goods in the coming months. The Commerce ...
Porsche breaks its own sales record
German sports car maker Porsche AG says it has already broken last year's record sales number with one month left in 2012. The company, which is now ...
US wholesalers boost stockpiles in October
U.S. wholesale businesses increased their stockpiles in October but their sales fell sharply, a mix sign for economic growth. The Commerce Department ...
Obama tax plan no small deal to small businessmen
President Barack Obama's plan to increase taxes on top earners would have only a small impact on the nation's economy, according to congressional ...
Report: Kodak gets patent bid from Apple, Google
Apple and Google, bitter rivals in smartphone technology, have joined up to make a combined bid for a bundle of patents offered by photography pioneer ...
Chinese company wins bid for battery maker A123
Bankrupt battery maker A123 Systems Inc. on Sunday said it will sell most of its assets to the U.S. arm of Chinese auto parts conglomerate Wanxiang ...
Cisco grabs for 'No. 1 IT company' crown
Cisco Systems Inc. isn't content to be the world's largest maker of computer networking gear. It says it wants to become the "No. 1" supplier of ...
Correction: Auto Sales story
In a story Dec. 3 about U.S. auto sales, The Associated Press, relying on information from the TrueCar.com auto pricing site, reported erroneously ...
H&R Block 2Q loss narrows as revenue rises
H&R Block's fiscal second-quarter loss narrowed, helped by cost-cutting efforts. Revenue climbed mostly because of a strong tax season in Australia.
Stocks edge up as investors keep eye on Washington
Apple and other technology companies led the stock market up for the second day in a row Thursday. The gains came a day after Apple took its worst ...
Stocks open mixed as Europe holds off on stimulus
The stock market wobbled between small gains and losses in early trading Thursday. The Dow Jones industrial average was down 18 points at 13,016 a ...
Toll Brothers 4Q net income soars on tax benefit
Toll Brothers says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury ...
Pandora outlook for loss sparks sell-off
Internet radio company Pandora Media Inc. said Tuesday that its third-quarter net profit more than tripled to $2 million as revenue rose slightly ...
Darden cites failed promotions for lower outlook
Darden Restaurants Inc. is cutting its profit forecast for the year, with the owner of Olive Garden and Red Lobster blaming failed promotions and ...
US banks report stronger profits and more lending
U.S. banks are enjoying their best profits in six years and are lending a bit more freely. The gradual improvement suggests that the industry will ...
Icahn gives up bid for truck maker Oshkosh
Billionaire investor Carl Icahn is giving up his bid to buy truck maker Oshkosh after less than 25 percent of the company's shares were tendered ...
Kroger lifts forecast after stronger third quarter
Kroger Co. is raising its earnings outlook for the year after the nation's largest traditional supermarket chain reported a third-quarter profit that ...
Twinkies maker Hostess ready for its big bake sale
The future of Twinkies is virtually assured. Hostess Brands Inc. got final approval for its wind-down plans in bankruptcy court Thursday, setting the ...
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