July 22 (Bloomberg) -- Apple Inc.'s price cuts attracted more first-time buyers for Macintosh personal computers last quarter, helping profit and sales top analysts' estimates.

SEOUL -- LG Electronics Inc., the country's second-largest electronics maker by revenue after Samsung Electronics Co., Wednesday posted a record-high quarterly net profit, thanks to robust sales of cellphones and flat-screen televisions.

WASHINGTON - Federal Reserve Chairman Ben Bernanke heads back to Capitol Hill Wednesday, where he's likely to face more tough questions about the central bank's extraordinary actions to rescue the economy and its ability to take on even more ...

With a disappointing second-quarter earnings report and outlook for the current quarter, Yahoo provided few signs that a slump in Internet advertising will abate anytime soon.

NEW YORK (Reuters) - Stocks rose on Tuesday as a solid profit from Caterpillar Inc (CAT.N) overcame some uneasiness about the company's outlook for the current quarter, but the gains were limited as some investors paused following the ...

The Treasury Department is finalizing a $15 billion initiative to stimulate lending by the Small Business Administration by using funds from the federal bailout program to buy up SBA loans.

July 22 (Bloomberg) -- Japanese stocks advanced, after alternating between gains and losses, as Shin-Etsu Chemical Co. said it is seeking to raise prices, boosting semiconductor material makers.

Jay Pierce, head of the Continental chapter of the airline pilots union, said the airline will need all its pilots, including those furloughed, to fly new routes created by the Star ...

The Bankruptcy Court sale of the auto parts maker, which had been delayed from last week to Tuesday, is now scheduled for Friday as creditors consider their own rescue plan.

SAN FRANCISCO (Reuters) - Advanced Micro Devices (AMD.N) Inc (AMD.N) posted a wider than expected loss and a steep slide in margins on Tuesday, sending its shares spiraling more than 12 percent lower.

WASHINGTON - Freddie Mac on Tuesday named Charles Haldeman as its new chief executive, the fourth person in a year to hold the top job at the federally controlled mortgage finance company.

HONG KONG, July 22 (Reuters) - Chinese solar stocks have been stellar performers since March, outshining their Western peers on hopes renewable energy support from Beijing will boost demand from the world's ...

July 22 (Bloomberg) -- Exelon Corp., the largest US nuclear power producer, may not wait long to find a new takeover target after dropping a $7.53 billion hostile bid for NRG Energy Inc., its third scuttled acquisition in six years.

SEOUL, July 22 (Reuters) - Spot iron ore vessel bookings from Brazil to China jumped to a record in July as Australia suspended spot sales following detentions of Rio Tinto's top sales officials in China and as falling freight costs made longer haul ...

Cost-cutting helped Starbucks Corp. post better-than-expected profit in its fiscal third quarter, despite declines in customer traffic and average sales receipt.

TORONTO, July 21 (Reuters) - An auction this week for the wireless assets of Canada's Nortel Networks (NRTLQ.PK), valued at a minimum of $650 million, has suddenly become a lot more interesting and may turn into a bidding war.

HAKODATE, Japan, July 22 (Reuters) - Bank of Japan Deputy Governor Hirohide Yamaguchi said on Wednesday he had no preset view on whether to extend beyond December special measures aimed at supporting corporate finance as it is unclear whether funding ...

NEW YORK, July 21 (Reuters) - Sallie Mae (SLM.N), the largest US student loan provider, on Tuesday said securities and loan write-downs and disruptions to credit markets led to a second-quarter loss, and its shares fell after-hours.

NEW YORK (Reuters) - Merck & Co's favorable second-quarter earnings trends and expected benefits from its planned merger with Schering-Plough Corp suggest the drugmaker may soon become a "growth" story again, the company's chief ...