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Toyota to Spend $250 Mil. to Help California Employees

Toyota said Wednesday it will spend $250 million to assist employees at a Northern California factory slated to be closed next month.

Sony to Begin Selling 3-D TVs in June

Sony Corp. said Tuesday it will start selling 3-D televisions in June, joining a competitive industrywide push to convince consumers to embrace

China Resists Reading Politics into U.S. Debt Holdings

An official in charge of China's foreign reserves tried to ease American concern Tuesday about the political impact of its huge holdings of U.S. government ...

TV Fee Disputes Produce Station Blackouts on Cable

Stay tuned for more fee disputes threatening local television stations on cable TV lineups.

Roche Suspends Arthritis Drug Study After Deaths

Swiss pharmaceutical company Roche Group said Monday it has suspended a late-stage trial for a new rheumatoid arthritis and lupus drug

McDonald's Sales Jumped 4.8% on Overseas Growth

McDonald's Corp. said Monday that sales at restaurants open at least a year climbed 4.8 percent in February on strong overseas growth

Toyoda Meets Hatoyama, Vows to Restore Trust

Toyota Motor Corp. President Akio Toyoda met with Japan's prime minister Monday and promised to restore trust in the automaker's cars

World Stocks Up on U.S. Jobs Data, Recovery Hopes

World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.

Employer-Consumer Standoff Makes for Slow Recovery

To understand why jobs are so scarce, consider John McFarland and Nicole Rosen. The two share something in common: They're reluctant to spend freely.

IMF Chief Proposes Creating Alternative to Dollar

Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries

Personal Incomes Flat, Spending Grows in January

Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients

Buffet Says Health Care Costs Hurt U.S. Economy

Billionaire Warren Buffett says health care costs are a major drain on U.S. businesses and act like an "economic tape worm."

Dish Network Gains Subscribers, Profits Beat Views

Dish Network's aggressive advertising blitz grabbed more subscribers for the third straight quarter, the company reported Monday, though that cut into profits

Asian Stocks Rise Again on China Manufacturing Growth

Asian stock markets advanced Monday, with Hong Kong's index up nearly 2 percent, after China said manufacturing continued to grow

Geneva Auto Show Marks Transition to Rocky Recovery

For most of the world's automakers, the Geneva Auto Show will be back-to-business with new model rollouts to put the gotta-have-it gleam

Toyota Plant Seen As Salvation for Mississippi Town

Terry McShan isn't thinking about car sales analyses or excess capacity when he drives by the idle Toyota plant in northeast Mississippi. He's thinking about ...

Akio Toyoda to Apologizes to China's Consumers

Toyota says its president Akio Toyoda will speak to reporters in Beijing on Monday about the company's recent quality problems.

Kia Opens First N. American Plant in Georgia

Gov. Sonny Perdue joined Korean and American dignitaries in celebrating the opening of Kia's first North American manufacturing facility

January Chip Sales Up 47.2%

Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.

Fannie Mae Seeks $1.53 Bil. Bailout After Big Q4 Loss

Fannie Mae is asking for a federal cash infusion of $15.3 billion after posting another big loss in the fourth quarter of last year.

Cell Phone Cameras Used for Mobile Police Surveillance

Police patrolling the Port of Los Angeles have a new tool to help improve surveillance at one of the nation's busiest ports.

Japan, Britain Data Shore Up World Markets

World markets rose Friday after solid Japanese and British economic data helped shore up investor optimism, a day after concerns about Greece's debt

China's Top State-Owned Studio Eyes Shanghai IPO

China's leading state-owned film studio is gearing up to offer shares on Shanghai's stock market by the end of the year, a senior executive

Japan Industrial Output, Retail Sales Grow

Japan's industrial output rose for the 11th straight month in January amid rising demand in China and elsewhere in Asia while retail sales

Toyota Crisis Spotlights Importance of Auto Electronics

Investigations into whatever is lurking behind Toyota's crisis of quality have put a spotlight on all that can go wrong with auto electronics

Stocks Fall on Jitters Over Pace of Recovery

Stocks tumbled Thursday as downbeat news about the nation's job market and debt loads in Europe revived fears that a global economic recovery

Toyota Faces More Hurdles to Business As Usual

Even as Toyota CEO Akio Toyoda wrapped up a grueling appearance before Congress, the head of the world's largest automaker wasn't leaving

Ford Posts 43% Sales Jump, Passes GM

Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...

Radisson to Get $1.5 Bil. Upmarket Makeover in U.S.

Radisson hotels are getting a $1.5 billion luxury rebranding and facelift in the U.S., owner Carlson Hotels Worldwide announced Wednesday

Costco Reports Rising Profits on Strong Global Growth

Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, and the warehouse club

Standard Chartered Reports Record Annual Profit

Standard Chartered PLC on Wednesday reported a seventh consecutive record annual profit, of $3.38 billion, as stronger wholesale banking earnings

Food Borne Illnesses Cost U.S. $152 Bil. A Year

Food-borne illnesses, such as E. coli and salmonella, cost the United States $152 billion annually in health care and other losses

Yahoo CEO Cites Apple to Justify Long Turnaround

Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took

TiVo to Release DVR That Integrates Internet with TV Movies

TiVo Inc., the pioneer of the digital video recorder, hopes its new DVRs coming out this spring will keep the company relevant

Hyundai Sales Rose 11% in February

Hyundai Motor Co. of Korea said Tuesday that its U.S. sales rose 11 percent in February, as storms in the eastern and central parts of ...

Hybrids Take Center Stage at Geneva

Hybrid or hype? More and more automakers rolled out their newest hybrids, or announced plans to do so, at the Geneva Auto Show on Tuesday, ...

Samsung, Panasonic Begin Selling 3-D TVs

Want to be the first one on your block with a 3-D television? It will cost you about $3,000.

GM Sales Rise 11.5% in February

Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.

Asia Stocks Up on Hopeful Economic Data

Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global

Toyota Fixes Leaky Oil Hoses in U.S., Japan

Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses

Toyota Apologizes to Europe at Geneva Auto Show

Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show

S. Korea Gas Co. to Develop Canada Fields

South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.

Japan Unemployment Rate Fell in January

3/1/2010 6:53 PM TOKYO (AP)

Gasoline Prices to Make Seasonal Upward Move

It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.

China Mobile Profits Grow 2.3% Amid Intense Competition

China Mobile Ltd., the world's biggest phone carrier by subscribers, said Thursday its 2009 profit rose 2.3 percent over a year earlier

Samsung Aims for Double-Digit Growth in 2010

Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales

Chinalco to Develop Guinea Mine with Rio Tinto

Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.

Data Shows Brakes Not Applied at Time of NY Prius Crash

Computer data from a Toyota Prius that crashed in suburban New York City show that at the time of the accident the throttle was open ...

Gas Prices Highest Since Oct 2008

Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand

FedEx Sees Solid Global Recovery Led by Asia

FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.