Bipartisan efforts on Capitol Hill to tighten financial regulation ground to a halt in the Senate on Friday, casting one of the top domestic policy priorities of the Obama administration in a stark political light.
The outlook for recovery in most of the world's major economies improved in December but the indicator for China dipped slightly, according to an OECD survey released on Friday.
As top athletes from around the world gear up for the Winter Olympics in Vancouver, video gamers can also lace up the skates or strap on the snowboard in a trio of titles bringing winter sports to life.
Cisco Systems Inc's quarterly results and outlook exceeded Wall Street expectations as more customers upgraded their networks to handle growing Internet traffic, leading CEO John Chambers to declare a very strong recovery.
Movie Gallery Inc, the operator of the Hollywood Video rental chain, plans to close 805 poorly performing U.S. stores after falling sales and mounting losses led to its second bankruptcy in three years.
Honda Motor Co raised its annual forecast on Wednesday after cost-cuts boosted quarterly profit and said it was concerned that rival Toyota's huge safety recall might tarnish other Japanese brands.
Toyota Motor's unprecedented recall of millions of vehicles with accelerator problems is taking a toll on sales and may force the world's largest automaker to cut 2010 sales forecasts.
Toyota Motor's unprecedented recall of millions of vehicles with faulty accelerators is already taking a toll on its sales and may force it to cut 2010 sales forecasts.
Toyota Motor Corp shares jumped more than 5 percent on Tuesday after it detailed plans to fix nearly 4.5 million vehicles equipped with faulty accelerators in North America and Europe.
Toyota Motor Corp on Monday began shipping parts to fix faulty accelerators in nearly 4.5 million vehicles in North America and Europe, and said it would restart North American production on February 8 after an unprecedented shutdown prompted by the problem.
The economic recovery is suddenly looking more robust. If it is going to stay that way, the labor market will need to catch up soon.
Brazilian mining company Vale said on Wednesday that it would pay $3.8 billion to buy Bunge Ltd's fertilizer assets in Brazil, as global demand for potash is boosted by growing food consumption.
Toyota Motor Corp shut down sales of its best-selling vehicles on Wednesday under pressure from the Obama administration to address a product safety crisis that threatens its image in its largest market.
Canada's privacy czar, who got Facebook to agree last year to better protect users' personal information, will launch a new investigation over complaints that the changes sometimes make things worse.
CTS Corp, supplier of accelerator pedals used on eight vehicle models recalled by Toyota Motor Corp, said on Wednesday it is in talks with Toyota about a remedy for the problem.
Toyota Motor Corp shares dropped more than 8 percent on Wednesday in U.S. trading as concern deepened about the automaker's suspension of sales and production of some of its best-selling vehicles due to problems with faulty accelerators.
Toyota Motor Corp will suspend U.S. sales of eight models subject to a massive safety recall, an unprecedented move that sent its shares tumbling and raised questions about the timing of its earnings recovery.
Toyota Motor shares were down 7 percent on the New York Stock Exchange in morning trading, following the company's unprecedented decision to discontinue eight of its most popular models in the U.S. following reported problems with the accelerators.
Toyota Motor Corp said it will suspend sales in North America of eight models involved in recall, a move that could throw the timing of its earnings recovery into doubt and one that pushed its shares 2 percent lower.
U.S. defence giant Lockheed Martin hopes to sign an agreement with Israel on its F-35 fighter jet by the end of the year, and targets 75 to 100 jets for the deal, an executive said on Friday.
Despite the best intentions of the international community, Haitians have little faith they will see the billions of dollars in aid pledged to rebuild their earthquake-shattered country, which international monitors rate as one of the world's most corrupt.
