Business Head lines
Toyota hands over 2006 dissident memo to U.S. panel
(Reuters)
Reuters - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time.
Pubished :Thu, 11 Mar 2010 06:50:34 GMT( 2 hours ago )
Reuters - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time.
Pubished :Thu, 11 Mar 2010 06:50:34 GMT( 2 hours ago )
2-second video causes headache for ABC News
(AP)
AP - For the want of a better two-second picture of a tachometer, ABC News has called into question its reporting on acceleration problems with Toyota vehicles.
Pubished :Thu, 11 Mar 2010 06:10:25 GMT( 3 hours ago )
AP - For the want of a better two-second picture of a tachometer, ABC News has called into question its reporting on acceleration problems with Toyota vehicles.
Pubished :Thu, 11 Mar 2010 06:10:25 GMT( 3 hours ago )
Watchdog: GMAC bailout could cost taxpayers $6.3B
(AP)
AP - The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable — a decision that could cost taxpayers $6.3 billion, a new watchdog report says.
Pubished :Thu, 11 Mar 2010 05:06:56 GMT( 4 hours ago )
AP - The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable — a decision that could cost taxpayers $6.3 billion, a new watchdog report says.
Pubished :Thu, 11 Mar 2010 05:06:56 GMT( 4 hours ago )
ND oil rig count tops 100
(AP)
AP - The number of rigs piercing North Dakota's oil patch has topped 100 for the first time in nearly three decades, the state Department of Mineral Resources said Wednesday.
Pubished :Wed, 10 Mar 2010 23:50:17 GMT( 9 hours ago )
AP - The number of rigs piercing North Dakota's oil patch has topped 100 for the first time in nearly three decades, the state Department of Mineral Resources said Wednesday.
Pubished :Wed, 10 Mar 2010 23:50:17 GMT( 9 hours ago )
GM CEO says U.S. will make money on bailout
(Reuters)
Reuters - General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
Pubished :Thu, 11 Mar 2010 00:54:34 GMT( 8 hours ago )
Reuters - General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
Pubished :Thu, 11 Mar 2010 00:54:34 GMT( 8 hours ago )
China inflation accelerates in February
(AP)
AP - China's inflation spiked higher in February, raising the chances that Beijing might need to cool the recovery in the world's third-largest economy.
Pubished :Thu, 11 Mar 2010 02:16:13 GMT( 6 hours ago )
AP - China's inflation spiked higher in February, raising the chances that Beijing might need to cool the recovery in the world's third-largest economy.
Pubished :Thu, 11 Mar 2010 02:16:13 GMT( 6 hours ago )
Okla.'s jobless rate continues to improve in Jan.
(AP)
AP - Oklahoma's jobless rate declined to 6.7 percent in January.
Pubished :Wed, 10 Mar 2010 22:14:15 GMT( 10 hours ago )
AP - Oklahoma's jobless rate declined to 6.7 percent in January.
Pubished :Wed, 10 Mar 2010 22:14:15 GMT( 10 hours ago )
Hill International 4th-quarter profit rises
(AP)
AP - Construction consultant Hill International Inc. said Wednesday that its fourth-quarter profit more than doubled as revenue from its project management and construction claims units rose and selling, general and administrative expenses fell.
Pubished :Thu, 11 Mar 2010 00:30:54 GMT( 8 hours ago )
AP - Construction consultant Hill International Inc. said Wednesday that its fourth-quarter profit more than doubled as revenue from its project management and construction claims units rose and selling, general and administrative expenses fell.
Pubished :Thu, 11 Mar 2010 00:30:54 GMT( 8 hours ago )
Britain confronts debt of Greek proportions
(AP)
AP - Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting.
Pubished :Wed, 10 Mar 2010 22:46:44 GMT( 10 hours ago )
AP - Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting.
Pubished :Wed, 10 Mar 2010 22:46:44 GMT( 10 hours ago )
US views Doha framework as 'not satisfactory': lawmaker
(AFP)
AFP - The United States is unhappy with the current framework of the Doha Round of negotiations to forge a global trade accord, a key lawmaker said Wednesday after talks with WTO chief Pascal Lamy.
Pubished :Wed, 10 Mar 2010 23:20:55 GMT( 9 hours ago )
AFP - The United States is unhappy with the current framework of the Doha Round of negotiations to forge a global trade accord, a key lawmaker said Wednesday after talks with WTO chief Pascal Lamy.
Pubished :Wed, 10 Mar 2010 23:20:55 GMT( 9 hours ago )
Wal-Mart spent $1.78 million lobbying in 4Q
(AP)
AP - Wal-Mart Stores Inc., the world's largest retailer, spent nearly $1.78 million lobbying in the fourth quarter on a wide range of issues from health care reform to organized crime and food safety issues, according to a recent disclosure report.
Pubished :Wed, 10 Mar 2010 23:00:52 GMT( 10 hours ago )
AP - Wal-Mart Stores Inc., the world's largest retailer, spent nearly $1.78 million lobbying in the fourth quarter on a wide range of issues from health care reform to organized crime and food safety issues, according to a recent disclosure report.
Pubished :Wed, 10 Mar 2010 23:00:52 GMT( 10 hours ago )
Budget deficit sets record in February
(AP)
AP - The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year.
Pubished :Wed, 10 Mar 2010 19:44:29 GMT( 13 hours ago )
AP - The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year.
Pubished :Wed, 10 Mar 2010 19:44:29 GMT( 13 hours ago )
United makes firm order for 25 Airbus A350s
(AP)
AP - United Airlines has made a firm order for 25 of Airbus' A350 extra-wide bodied jets, fulfilling a commitment signed in December, the European aircraft manufacturer said Wednesday.
Pubished :Wed, 10 Mar 2010 21:01:41 GMT( 12 hours ago )
AP - United Airlines has made a firm order for 25 of Airbus' A350 extra-wide bodied jets, fulfilling a commitment signed in December, the European aircraft manufacturer said Wednesday.
Pubished :Wed, 10 Mar 2010 21:01:41 GMT( 12 hours ago )
Unemployment rate rises in 30 states
(AP)
AP - Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.
Pubished :Wed, 10 Mar 2010 17:54:29 GMT( 15 hours ago )
AP - Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.
Pubished :Wed, 10 Mar 2010 17:54:29 GMT( 15 hours ago )
Senate passes $149 bln for jobless aid, tax breaks
(Reuters)
Reuters - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
Pubished :Wed, 10 Mar 2010 21:11:38 GMT( 12 hours ago )
Reuters - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
Pubished :Wed, 10 Mar 2010 21:11:38 GMT( 12 hours ago )
Highest, lowest state jobless rates at a glance
(AP)
AP - The Labor Department on Wednesday said that unemployment rates rose in 30 states in January, as jobs remain scarce across the country.
Pubished :Wed, 10 Mar 2010 18:42:29 GMT( 14 hours ago )
AP - The Labor Department on Wednesday said that unemployment rates rose in 30 states in January, as jobs remain scarce across the country.
Pubished :Wed, 10 Mar 2010 18:42:29 GMT( 14 hours ago )
Rockwell takes smaller 4Q loss on greater revenue
(AP)
AP - Rockwell Medical Technologies Inc., which makes products used in the treatment of kidney disease and anemia, reported a smaller fourth-quarter loss Wednesday as its sales grew and expenses came down.
Pubished :Wed, 10 Mar 2010 20:24:05 GMT( 12 hours ago )
AP - Rockwell Medical Technologies Inc., which makes products used in the treatment of kidney disease and anemia, reported a smaller fourth-quarter loss Wednesday as its sales grew and expenses came down.
Pubished :Wed, 10 Mar 2010 20:24:05 GMT( 12 hours ago )
Euro rebounds, gains on dollar
(AFP)
AFP - The euro staged a modest turnaround against the dollar Wednesday in featureless trading as dealers looked for signals on prospects for the world economy and a proposed European monetary fund.
Pubished :Wed, 10 Mar 2010 18:05:36 GMT( 15 hours ago )
AFP - The euro staged a modest turnaround against the dollar Wednesday in featureless trading as dealers looked for signals on prospects for the world economy and a proposed European monetary fund.
Pubished :Wed, 10 Mar 2010 18:05:36 GMT( 15 hours ago )
Quinn seeks income tax hike for schools
(AP)
AP - Calling himself a realist, Gov. Pat Quinn on Wednesday scaled back his proposal to raise income taxes, shifting to a call for an increase of just one percentage point to be used solely for preventing deep cuts to education.
Pubished :Wed, 10 Mar 2010 19:47:33 GMT( 13 hours ago )
AP - Calling himself a realist, Gov. Pat Quinn on Wednesday scaled back his proposal to raise income taxes, shifting to a call for an increase of just one percentage point to be used solely for preventing deep cuts to education.
Pubished :Wed, 10 Mar 2010 19:47:33 GMT( 13 hours ago )
WTO chief holds talks with US officials, lawmakers
(AFP)
AFP - WTO chief Pascal Lamy was in Washington Wednesday for talks with US officials and lawmakers amid an uphill effort to wrap up the long-running Doha Round of global trade talks by this year.
Pubished :Wed, 10 Mar 2010 18:49:27 GMT( 14 hours ago )
AFP - WTO chief Pascal Lamy was in Washington Wednesday for talks with US officials and lawmakers amid an uphill effort to wrap up the long-running Doha Round of global trade talks by this year.
Pubished :Wed, 10 Mar 2010 18:49:27 GMT( 14 hours ago )
Walmart returns items to shelves after lost sales
(Reuters)
Reuters - Wal-Mart Stores Inc has put roughly 300 items back on its U.S. store shelves after the retailer said it "disappointed" customers by not stocking certain products.
Pubished :Wed, 10 Mar 2010 20:33:37 GMT( 12 hours ago )
Reuters - Wal-Mart Stores Inc has put roughly 300 items back on its U.S. store shelves after the retailer said it "disappointed" customers by not stocking certain products.
Pubished :Wed, 10 Mar 2010 20:33:37 GMT( 12 hours ago )
Oil prices settle above $82
(AP)
AP - Oil settled above $82 on Wednesday after rising as high as $83. Prices got a bump in morning trading following the government's weekly crude inventory report, which showed a smaller increase in supplies than expected. Prices also got some support from OPEC raising its outlook for world oil demand.
Pubished :Wed, 10 Mar 2010 20:47:11 GMT( 12 hours ago )
AP - Oil settled above $82 on Wednesday after rising as high as $83. Prices got a bump in morning trading following the government's weekly crude inventory report, which showed a smaller increase in supplies than expected. Prices also got some support from OPEC raising its outlook for world oil demand.
Pubished :Wed, 10 Mar 2010 20:47:11 GMT( 12 hours ago )
Michigan court delays Toyota executive testimony
(Reuters)
Reuters - A Michigan appeals court on Wednesday granted a stay requested by Toyota Motor Corp that delays testimony by two top U.S. company executives in a case about a crash that killed a woman driving a Camry in 2008.
Pubished :Wed, 10 Mar 2010 20:22:59 GMT( 12 hours ago )
Reuters - A Michigan appeals court on Wednesday granted a stay requested by Toyota Motor Corp that delays testimony by two top U.S. company executives in a case about a crash that killed a woman driving a Camry in 2008.
Pubished :Wed, 10 Mar 2010 20:22:59 GMT( 12 hours ago )
Crude oil stockpiles climb by 1.4 million barrels
(AP)
AP - Crude inventories rose less than expected last week, while gasoline supplies dropped, the government said Wednesday.
Pubished :Wed, 10 Mar 2010 15:59:48 GMT( 17 hours ago )
AP - Crude inventories rose less than expected last week, while gasoline supplies dropped, the government said Wednesday.
Pubished :Wed, 10 Mar 2010 15:59:48 GMT( 17 hours ago )
US probes runaway Toyota Prius
(AFP)
AFP - US investigators launched a probe Tuesday into a runaway Toyota Prius in California, a high-profile case that threatens to undermine the Japanese automaker's effort to repair its battered image.
Pubished :Wed, 10 Mar 2010 16:00:54 GMT( 17 hours ago )
AFP - US investigators launched a probe Tuesday into a runaway Toyota Prius in California, a high-profile case that threatens to undermine the Japanese automaker's effort to repair its battered image.
Pubished :Wed, 10 Mar 2010 16:00:54 GMT( 17 hours ago )
Real Estate's Link to the Small Business Credit Crunch
(BusinessWeek)
BusinessWeek - It's no secret that small businesses in the U.S. face difficulties accessing credit. According to a survey of a random sample of 751 small businesses conducted by Gallup at the end of 2009 for the National Federation of Independent Business Research Foundation, 44% of small businesses seeking credit in 2009 received only some or none of the money they sought. This level of credit access compares poorly with mid-2000, when nine of every 10 companies seeking credit received it. While there is broad agreement that a small business credit problem exists, there is less consensus about its causes. ...
Pubished :Wed, 10 Mar 2010 13:08:46 GMT( 20 hours ago )
BusinessWeek - It's no secret that small businesses in the U.S. face difficulties accessing credit. According to a survey of a random sample of 751 small businesses conducted by Gallup at the end of 2009 for the National Federation of Independent Business Research Foundation, 44% of small businesses seeking credit in 2009 received only some or none of the money they sought. This level of credit access compares poorly with mid-2000, when nine of every 10 companies seeking credit received it. While there is broad agreement that a small business credit problem exists, there is less consensus about its causes. ...
Pubished :Wed, 10 Mar 2010 13:08:46 GMT( 20 hours ago )
Terra favoring CF over Yara in buyer battle
(AP)
AP - Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway's Yara.
Pubished :Wed, 10 Mar 2010 16:03:07 GMT( 17 hours ago )
AP - Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway's Yara.
Pubished :Wed, 10 Mar 2010 16:03:07 GMT( 17 hours ago )
UK's Brown paves way for election with budget date
(AP)
AP - Britain's economic recovery remains fragile, British Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks.
Pubished :Wed, 10 Mar 2010 10:56:31 GMT( 22 hours ago )
AP - Britain's economic recovery remains fragile, British Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks.
Pubished :Wed, 10 Mar 2010 10:56:31 GMT( 22 hours ago )
BA, American, Iberia to cede airport slots
(AP)
AP - British Airways, American Airlines and Iberia have offered to give away takeoff and landing slots at London and New York airports to soothe European Union antitrust worries, EU regulators said Wednesday.
Pubished :Wed, 10 Mar 2010 10:13:05 GMT( 23 hours ago )
AP - British Airways, American Airlines and Iberia have offered to give away takeoff and landing slots at London and New York airports to soothe European Union antitrust worries, EU regulators said Wednesday.
Pubished :Wed, 10 Mar 2010 10:13:05 GMT( 23 hours ago )
Highlights of Senate jobless aid bill
(AP)
AP - Highlights of Senate legislation extending unemployment insurance and expired tax breaks:
Pubished :Wed, 10 Mar 2010 08:19:40 GMT( 24 hours ago )
AP - Highlights of Senate legislation extending unemployment insurance and expired tax breaks:
Pubished :Wed, 10 Mar 2010 08:19:40 GMT( 24 hours ago )
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