World News Center
Dollar recovers after EU stress tests
July 31, 2010Investors are considering European stress test results, as stocks remain volatile, worries about a sluggish U.S. economic recovery persist and confidence in the euro zone and nations abroad increases.
Greece's big debt denial
July 31, 2010Will Greece be able to dig out of its debt crisis? Not even the oracle of Delphi knows for sure.
Baidu profit doubles in record quarter
July 31, 2010While Google struggles with the Chinese market, local search giant Baidu is soaring to new heights. Baidu said Wednesday that its earnings doubled in the most recent quarter as its sales hit a record high.
The United States of...China?
July 31, 2010China's great outward march of investing into the United States is turning into a mad dash. Chinese investments into the U.S. rose 360% in the first half of this year compared to last year, according to Chinese government figures released Tuesday.
Google search working again in China
July 31, 2010Google users in China were temporary blocked from accessing the search engine, the company said Thursday, but the site was was once again working a few hours later.
China says it tops Japan as No. 2 economy
July 31, 2010China has surpassed Japan to become the world's second largest economy, lagging only behind the United States, a Chinese government official said in remarks published on Friday.
BP's Hayward: 'I became a villain for doing the right thing'
July 31, 2010Outgoing BP chief executive Tony Hayward is defending his leadership of the company in the aftermath of the oil rig explosion that killed 11 workers and led to the worst offshore spill in U.S. history.
Hugo Chavez hurts toothpaste, makeup sales
July 31, 2010The world's largest toothpaste maker reported disappointing sales Thursday, and who's to blame? None other than the country of Venezuela, the company said.
Toyota recalls 400,000 cars over steering issues
July 31, 2010Toyota Motor Corp. said Thursday it was recalling more than 400,000 older-model vehicles sold in the United States, citing potential steering-related problems in both.
Dollar sinks on recovery doubts
July 31, 2010The dollar continued to slide this week, hovering near monthly lows versus major currencies as worries about an economic slowdown weighed on investors.
