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Clean energy investment leaps in second quarter

Global investment in clean energy and climate-friendly technologies leapt in the last three months but full-year levels won't recover until 2010 or 2011, analysts said on Wednesday.

Wall St gains on recovery hopes, but job data looms

Stocks rose on Wednesday, the start of the third quarter, as reassuring manufacturing data from China, Europe and the United States reinforced hopes that the world's economy is on the road to recovery.

India raises fuel prices for first time in a year

India unexpectedly raised gasoline and diesel prices by as much as 10 percent on Wednesday, its first increase this year, passing some of oil's rally into an economy just beginning to find its feet amid a global recession.

Lear to file for bankruptcy, obtains financing

Auto seating supplier Lear Corp said on Wednesday it would file for Chapter 11 bankruptcy protection in a reorganization supported by key secured lenders and bondholders and that it had obtained $500 million in bankruptcy financing.

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Pimco: Consumer greed hibernating, fear rules

Bill Gross, the influential investor who runs top bond fund Pimco, said on Wednesday that greed will eventually become the norm again for consumers and investors, but fear continues to rule for now -- a mindset that will result in subdued U.S. economic growth for some time.

June auto sales tumble, Ford takes share

U.S. auto sales tumbled in June as the economy remained a deep concern for consumers, but Ford Motor Co posted far better results than other large automakers and shot ahead of Detroit rivals passing through federally sponsored bankruptcies.

Market leaps into Q3 on recovery bets, General Mills

Stocks rose on Wednesday, the first day of the third quarter, as investors took reassuring manufacturing data from China, Europe and the United States as signaling the world's economy is on the road to recovery.

June auto sales show stability

Major automakers posted better U.S. auto sales for June than in recent months on Wednesday, led by Ford Motor Co as results pointed to signs of some stabilizing in the hard-hit industry.

General Mills profit tops view; 2010 outlook strong

General Mills Inc , forecast better-than-expected earnings for the current fiscal year, helped by new products and moderating commodity costs.

Honduras defies world pressure to restore president

TEGUCIGALPA - The Honduran interim government defied international pressure on Wednesday and vowed there was no chance at all of ousted President Manuel Zelaya returning to office.

Ousted president to postpone returning to Honduras

The ousted President of Honduras said Wednesday in Washington he did not expect to return home before the weekend.

Wall Street rises on recovery bets, General Mills

Stocks rose on Wednesday, the first day of the third quarter, as investors took reassuring manufacturing data from China, Europe and the United States as a fresh signal that the world's economy is on the road to recovery.

GM seeks sale approval, official sees IPO in 2010

If General Motors wins court approval for its asset sale this week, a New GM could be ready to make an initial public offering in 2010, a U.S. Treasury official testified in U.S. bankruptcy court on Wednesday.

GM sees a record-breaking half-year sales in China

General Motors Corp (GM) sold a total of 814,442 units from January to June in China, a record for any half-year, the company said in a statement on Wednesday.

Michael Jackson names Diana Ross as possible guardian in will

Details of Michael Jackson's will began to emerge on Wednesday with all of his multi million-dollar estate being placed in a family trust, even as plans for his highly anticipated funeral remained sketchy.

Government moves to staunch massive Medicare fraud

Since 2006, U.S. taxpayers have paid nearly $155,000 to send home health nurses to inject twice-daily insulin shots for an elderly, diabetic Miami man.

Russians cool towards Obama visit

Adoring fans have flocked to see him on visits around the world, but Barack Obama should expect a far cooler reception in Russia next week.

June auto sales show stability, led by Ford

Major automakers posted better U.S. auto sales for June than in recent months on Wednesday, led by Ford Motor Co as results pointed to signs of some stabilizing in the hard-hit industry.

American adults getting fatter

Obesity rates continued to climb in the past year with 23 U.S. states reporting adults in their states are fatter now than they were a year ago, two advocacy groups said on Wednesday.

Farrah Fawcett funeral photos

Family and friends of actress Farrah Fawcett, who died last week at age 62 gathered on Tuesday at the Catholic Cathedral of Our Lady of the Angels in downtown Los Angeles to hold a private funeral.

Teens' idea of death risk linked with behavior

A sizable minority of adolescents believe they are likely to die at a young age, and this perception is a powerful predictor of involvement in high risk behaviors and poor health outcomes, according to a report in the journal Pediatrics.

FDA confirms E. coli found in Nestle cookie dough

The U.S. Food and Drug Administration (FDA) on Monday confirmed that it has found E. coli O157:H7 bacteria in a sample of Nestle Toll House refrigerated cookie dough.

Wall Street rises on upbeat global manufacturing data

U.S. stocks rose on Wednesday as improving prospects for manufacturing around the world suggested the global economy was recovering.

U.S. to pull GM funding if sale not done by July 10

The only viable option to save General Motors Corp is a sale of its main assets to a New GM backed by the federal government, a U.S. Treasury official told a bankruptcy court on Wednesday as the automaker sought approval for the deal.

Ford U.S. sales fall 10.9 percent in June

Ford Motor Co said on Wednesday that U.S. sales fell 10.9 percent in June for all of its brands, at the top of its expectations for the only U.S. automaker not supported by emergency government loans.

Google still dominates, Bing catching up

Analysis surveyed by StatCounter.com on Wednesday said Google still dominates the search engine markets despite its slide back from April from 79.07 to 78.48 percent share last month.

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