For the first time since the Great Depression, General Motors cannot call itself the world's largest automaker. Its sales fell behind Toyota in 2008, a year when GM celebrated its 100th anniversary and narrowly avoided a bankruptcy filing amid a significant downturn in the economy. ...more

January 22, 2009

In its bid to go global, Facebook is facing off against itself. Clones of the wunderkind social-networking Web site - some of which resemble Facebook right down to color, font and layout - have popped up in local languages around the world. These competitor sites offer identical core services, letting users post pictures, make groups and choose their friends. ...more

July 29, 2008

Mobs of fans greeted the opening this week of build-it-yourself furniture chain Ikea's first store in New York City - but the fervor is masking shoppers' underlying frugality. ...more

June 20, 2008

World economic growth will slow significantly in 2008, but the United States, whose housing downturn is rattling global financial markets, will avoid recession, the International Monetary Fund forecast Tuesday. ...more

January 30, 2008