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AP Business

Markets somehow expect the European Union to backstop Greece's sagging finances. But with officials denying a bailout is needed, the precise path out of the crisis for the EU's incoming new leadership remains fogged with uncertainty. more...
02/09/2010 4:47am
Internet company IAC/InterActiveCorp lost $1 billion in the fourth quarter because it wrote down the value of its search business, but the results beat expectations and offered the latest indication that the online advertising market is improving.
  02/09/2010 4:43am
Pulte Homes Inc. says its loss narrowed in its fourth quarter, as the homebuilder reported heavy charges that were partly offset by a tax gain.
  02/09/2010 4:26am
Exar Corp. said Tuesday that it will buy Neterion Inc., which provides adapters for servers and storage systems, for between $10 million and $11 million.
  02/09/2010 4:00am
Stock futures are pointing to a higher open Tuesday as hopes grow the European Union will provide Greece with some support for its mounting debt burden.
  02/09/2010 3:59am
French drugmaker Sanofi-Aventis said Tuesday it completed its tender offer for shares of Chattem Inc., which makes Gold Bond skin products, Icy Hot pain relief packs, and Selsun Blue dandruff shampoo.
  02/09/2010 3:59am
Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier, and now expects to be in the black for the full fiscal year.
  02/09/2010 3:34am
General Motors Co.'s Opel unit said Tuesday that it plans to invest euro11 billion ($15 billion) through 2014 and appealed for government help as it detailed a restructuring drive that will result in about 8,300 job cuts across Europe.
  02/09/2010 3:32am
Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest in a string of embarrassing safety lapses at the world's largest automaker.
  02/09/2010 3:28am
Scandinavian airline group SAS on Tuesday asked shareholders for a 5 billion kronor ($670 million) cash injection, saying it needs more liquidity to emerge from the economic downturn after reporting a loss in the fourth quarter.
  02/09/2010 3:25am
NYSE Euronext, the trans-Atlantic stock exchange operator, said Tuesday it returned to profit in the fourth quarter as cost-cutting helped offset a drop in revenue amid falling global share trading volumes.
  02/09/2010 3:01am
Greece's government was tackling the thorny issue of pension and wage reform Tuesday, part of its plan to fight a debt crisis that has alarmed global markets, even as strikes were being planned nationwide.
  02/09/2010 2:54am
Budget airline Ryanair will establish a major hub in the Lithuanian city of Kaunas, its first in Central and Eastern Europe, the company's chief executive announced Tuesday.
  02/09/2010 2:48am
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines.
  02/09/2010 2:45am
Britain's struggling economy showed more lackluster indicators Tuesday, with imports rising faster than exports in December despite the falling value of its currency and retailers reporting a slow start to the year.
  02/09/2010 2:26am
German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch as the world's top exporter, government data showed Tuesday.
  02/09/2010 2:00am
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