By BRUCE SCHREINERAssociated Press
LOUISVILLE, Ky. (AP) - The owner of the Taco Bell, Pizza Hut and KFC chains predicted Wednesday its fast-growing China business will serve up another round of strong profit growth next year despite a slowing economy in its most important overseas market.
NEW YORK (AP) - Stocks are opening lower on Wall Street as the season of corporate earnings reports begins.
Just after the Wednesday opening bell, the Dow Jones industrial average is down 20 points at 13,453. The Standard & Poor's 500 index is down a fraction of a point at 1,440. And the
By JOE McDONALDAP Business Writer
BEIJING (AP) - China's auto sales shrank in September as a territorial dispute with Tokyo prompted buyers to avoid Japanese brands, hurting already weakening demand.
Sales of passenger vehicles declined 0.3 percent from a year earlier to 1.32 million units
By JOAN LOWYAssociated Press
WASHINGTON (AP) - Thousands of motorists may be driving cars and trucks installed with dangerous counterfeit bags and they should have them replaced at their own expense, the Obama administration warned Wednesday.
Most at risk are motorists who have had their
By TOM KRISHER and YURI KAGEYAMAAP Business Writers
DETROIT (AP) - The largest recall in Toyota's 75-year history could undermine the Japanese automaker's comeback from natural disasters and embarrassing safety problems.
The company recalled 7.43 million cars, trucks and SUVs worldwide
By MALCOLM FOSTERAssociated Press
TOKYO (AP) - China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week in an apparent snub to Japan that comes as the two Asian giants remain at odds over a cluster of tiny islands both
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - When global finance ministers meet this week in Tokyo, they'll confront a triple challenge: Economic troubles in three major regions are threatening the world's economy.
And political conflicts are complicating the problem.
By JOAN LOWYAssociated Press
WASHINGTON (AP) - The Obama administration is preparing to warn car owners whose air bags have been replaced in the past three years that dangerous counterfeit bags may have been installed, according to auto industry officials who have been briefed by the government
By CHUCK BARTELSAssociated Press
STUTTGART, Ark. (AP) - The nation's top agricultural negotiator said Tuesday that he expects farm exports to be down between $1 billion and $2 billion this year because of the drought.
The tighter supply of grains, and the resulting higher price of feed, is
By The Associated Press
YUMMY: Third-quarter profit at Yum Brands Inc. rose 23 percent, thanks to rebounding profit growth in China and strong demand in the U.S. at its Taco Bell, Pizza Hut and KFC chains.
CHINESE FOOD: Third-quarter operating profit rose 22 percent in China. Yum expects to