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

Durables Orders Rise on Surging Aircraft Sales

Orders to U.S. factories for big-ticket manufactured goods shot up in January by the largest amount in six months, but the strength came from a ...

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

Gilette, PGA Move on Without Tiger Woods

The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial

GM Effort to Sell Hummer to Chinese Firm Collapses

Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment

Bloom Stays Secretive on Day Promised for Fuel Cell Debut

Bloom Energy, a richly funded Silicon Valley startup, had promised to debut its fuel-cells today. But the company revealed little and is keeping critical parts

Saks Loss Shrinks in Q4

Luxury retailer Saks Inc. reported Wednesday that its loss narrowed in the fourth quarter compared with last year, as results were helped by reduced

Sanyo Aims to Keep Top Battery Spot into Age of Plug-Ins

Sanyo is aiming to maintain its position as the world's No. 1 in rechargeable batteries in the years ahead, taking advantage of the size

Fishermen Rally Against Federal Catch Limits

Thousands of fishermen from around the country are gathering Wednesday in front of the Capitol to demand changes to a federal fisheries law

China Firm Seeks Private Equity to Close Hummer Buy

The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators

Hyundai Recalls Sonata to Replace Door Latches

Hyundai Motor on Wednesday announced a recall of about 47,000 of its new Sonata sedans to replace front door latches following a handful

Asian Stocks Slide on U.S. Consumer Confidence Drop

Asian stock markets slid Wednesday after a plunge in American consumer confidence magnified worries about the U.S. recovery.

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.

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, ...

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 ...

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)

Asian Stocks Trade in Narrow Range Again

Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of ...

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.

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

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.

GM's Daewoo Unit Recalls 60,000 SUVs, Sedans

General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats

India Aims to Cool Inflation with Surprise Rate Hike

India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation

Investors Unfazed by Prospects of U.S. Losing AAA Rating

It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating

Boeing Speeds Up 777, 747 Production to Meet Demand

Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.

Health Care Bill Would Tax Investments, Health Insurers

High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.

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

Rio Tinto Execs Plead Guilty to Taking Bribes

An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial

105 Owners of Repaired Toyotas Complain of Acceleration

Complaints of sudden acceleration in Toyotas repaired under recalls have nearly doubled in the past two weeks, according to an Associated Press analysis

Hollywood Joins Bollywood to Fight Indian Film Piracy

Hollywood and Bollywood linked arms Thursday to fight piracy, with the announcement of a coalition among the Motion Picture Association of America

Nissan to Make Leaf Electric Cars in Britain

Nissan Motor Co. said Thursday it will make its electric vehicle, the Leaf, in England from early 2013 as the automaker gears up for global ...

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

Akio Toyoda Admits Fast Growth Hurt Worker Training

Toyota's training of workers to maintain quality control failed to keep up with the company's rapid growth, its president Akio Toyoda said in an interview

Viacom Gets Court to Unseal YouTube Litigation Secrets

A legal tussle pitting media conglomerate Viacom Inc. against online video leader YouTube is about to get dirtier as a federal judge prepares to release ...

GM Has Shot at 2010 Profit Says New CFO