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    AP survey: A bleaker outlook for economy into 2011

    By JEANNINE AVERSA 2010-07-29T11:05:01Z
    WASHINGTON (AP) -- The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists....

    Foreclosure activity up across most US metro areas

    By ALEX VEIGA 2010-07-29T07:29:14Z
    LOS ANGELES (AP) -- Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows....

    Toyota recalls 412,000 cars in US, mostly Avalons

    By YURI KAGEYAMA 2010-07-29T11:04:13Z
    TOKYO (AP) -- Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported, the automaker said Thursday....

    Stocks up on AstraZeneca, Bayer, telecom earns

    By PAN PYLAS 2010-07-29T10:26:01Z
    LONDON (AP) -- European stock markets rose Thursday after another batch of positive earnings and further evidence that Europe's economy is recovering faster than previously expected....

    Playstation, TVs boost Sony to $294 million profit

    By TOMOKO A. HOSAKA 2010-07-29T10:02:24Z
    TOKYO (AP) -- Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles, personal computers and televisions....

    China govt approves Geely acquisition of Volvo

    By 2010-07-29T10:25:34Z
    BEIJING (AP) -- Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce Ministry said Thursday....

    Colgate-Palmolive's 2Q profit climbs 7 percent

    By 2010-07-29T11:16:41Z
    NEW YORK (AP) -- Colgate-Palmolive Co. says its second-quarter net income rose more than 7 percent as it kept selling more of its Palmolive dish soap, Ajax cleanser and Colgate toothpaste....

    Stock futures rise on strong global earnings

    By STEPHEN BERNARD 2010-07-29T10:58:06Z
    NEW YORK (AP) -- Stock futures rose Thursday following further signs that Europe's economy is bouncing back faster than expected....