Starbucks Corp., the world’s biggest coffee chain, plans to more than double the rate at which it opens stores to an average of more than one a day as the global economy recovers. (more)
Ford Motor, the only one of the Detroit Big Three to avoid a government-supported bankruptcy, continued its rebound with third-quarter net income up 68%. Profit was driven by a bigger U.S. market share and buyers spending more loading up its cars and trucks with options. (more)
For the second time since he became chairman in 2006, Ben S. Bernanke is leading the Federal Reserve into uncharted monetary territory. (more)
Sales of U.S. existing homes rose in September by the most on record, a sign cheaper borrowing costs are helping stabilize an industry that’s battling the headwinds of foreclosures and joblessness. (more)
In an environment in which Democrats all over the country are fighting for their political survival, approval ratings are low and the party is at risk of losing its grip on Congress, two high-profile Democrats are thriving – Bill and Hillary Clinton. (more)
Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda. (more)
Production in the U.S. unexpectedly dropped in September for the first time in more than a year, showing the industry that led the economy out of the recession is cooling. (more)
Mayor Bloomberg has lost his title as the wealthiest New Yorker, while Facebook upstart Mark Zuckerberg’s new wealth tripled to make him the fastest climber among the super rich, according to Forbes. (more)
China signaled for the U.S. to stay out of disputes over the South China Sea, three days before President Barack Obama is due to meet with regional leaders concerned over China’s territorial claims in the oil-and gas- rich waters. (more)
NEW YORK (AP) — New York City Mayor Michael Bloomberg is defending former eBay executive Meg Whitman’s record-breaking spending in the California gubernatorial race. (more)
Sales at U.S. retailers probably rose in August for a second consecutive month, easing concern the economy will stumble in the second half of the year, economists said before a report today. (more)
It will be a long time before General Motors Co. can shake the stigma of being called Government Motors. Here’s another nickname for the bailed-out automaker: Goodwill Motors. (more)
New York City Mayor Michael Bloomberg defended on Tuesday a Florida pastor’s right to burn copies of the Quran during a public demonstration on the ninth anniversary of the Sept. 11 terrorist attacks. (more)
The jobless rate in the U.S. is likely to approach 10 percent in coming months as the economy fails to grow enough to employ people rejoining the labor force, economists said. (more)
New York Mayor Michael Bloomberg took a shot at those criticizing the construction of a Muslim community center and mosque near Ground Zero on Tuesday, asking rhetorically whether a new mosque could ever be built near the property that once held the World Trade Center. (more)
China’s direct investment in the U.S. plunged in the first half even as its overall foreign acquisitions rose to a record, underscoring the nation’s efforts to diversify its portfolio, according to the Heritage Foundation. (more)
Rising job losses and “unusual uncertainty” within the economy have prompted the Federal Reserve and other major financial institutions to slash growth projections for the rest of 2010, leaving Americans worried about the possibility of a dreaded “double-dip” recession. But it’s another “D” word that currently has investors spooked—deflation. (more)
Germany may have become too competitive for its own good. (more)
A proposed U.S. weapons sale to Saudi Arabia of Boeing Co. F-15 fighter jets also includes as many as 132 Boeing Apache attack helicopters and United Technologies Corp. UH-60 Black Hawk helicopters that bring the total value of the package to around $60 billion, according to a government official familiar with the plan. (more)
Europe’s economy expanded more than economists forecast in the second quarter as the fastest growth in Germany in two decades powered the region’s recovery. (more)
























