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TomTom iPhone App Review Video

TomTom's much anticipated turn by turn app for the iPhone was released on Monday on iTunes for $99. The app uses the iPhone's built-in GPS chip to provide users with real-time navigation directions

Regulators want Guaranty bids by Monday: report

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U.S. banking regulators have asked prospective buyers of struggling Texas bank Guaranty Financial Group to submit bids by Monday, the Financial Times reported, citing people familiar with the matter.
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Chrysler creditors win approval for Daimler suit

Creditors of Chrysler have won approval from a federal bankruptcy court to sue Daimler AG (DAIGn.DE) and pursue a claim that its 2007 sale of Chrysler stripped the U.S. automaker of its most valuable assets.
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Magna resolves final Opel issues with GM

Magna and its Russian partner Sberbank have reached an agreement in principle with General Motors management over a contract to buy 55 percent of GM's European unit Opel, Magna's co-CEO Siegfried Wolf told Reuters on Thursday.
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Manulife buys AIC's mutual funds

Manulife Financial Corp said on Wednesday it has bought AIC Ltd's Canadian retail investment fund business, boosting its mutual fund arm in another big-player takeover of an independent fund company.
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U.S., Mexico probe oil thefts from Mexican company

The U.S. and Mexican governments are probing a scheme to steal millions of dollars worth of crude oil and refined products from Mexico's state-owned oil company and sell it to U.S. refiners, a U.S. official said on Monday.
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Canada housing starts fall unexpectedly in July

Canadian housing starts fell unexpectedly in July, dropping 4.1 percent from June and breaking a two-month run of gains, largely because of a drop in construction of multifamily dwellings.
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US, Mexico probe oil thefts from Mexican company

The U.S. and Mexican governments are probing a scheme to steal millions of dollars worth of crude oil and refined products from Mexico's state-owned oil company and sell it to U.S. refiners, a U.S. official said on Monday.
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Wall Street sags on profit-taking; Fed, consumers eyed

U.S. stocks slipped on Monday as a four-week rally encouraged investors to take profits, but McDonald's better-than-expected July sales pushed up the Dow component, briefly lifting the index to a positive territory.
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G.I. Joe movie leads worldwide invasion

A new action movie based on the G.I. Joe line of toy soldiers crushed enemy forces at the worldwide box office during the weekend, ending the three-week reign of the sixth Harry Potter fantasy.
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Three amigos Mexico summit to focus on trade

Leaders of the United States, Mexico and Canada -- also known as the three amigos -- begin a summit on Sunday in Mexico to talk about simmering trade issues and the threat of drug gangs.

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