Toyota Motor Corp said on Tuesday it will recall some 3.8 million vehicles in the United States because of the risk that a loose floormat could force down the accelerator, a problem suspected of causing crashes that have killed five people.
IBT Staff Reporter
Sep 29, 2009
Expanding broadband usage throughout the United States will require subsidies and investment in infrastructure upgrades of as much as $350 billion, a regulatory panel said on Tuesday.
IBT Staff Reporter
Sep 29, 2009
U.S. retail gasoline demand rose 0.9 percent last week compared with the previous week, according to a MasterCard SpendingPulse report released on Tuesday.
IBT Staff Reporter
Sep 29, 2009
Northrop Grumman said the U.S. government had given rival Boeing a fundamentally unfair edge in their renewed battle for a potential $50 billion contract to build aerial tankers.
IBT Staff Reporter
Sep 29, 2009
U.S. stock index futures edged lower on Tuesday as investors awaited data on home prices and consumer confidence, following solid gains in the previous session.
IBT Staff Reporter
Sep 29, 2009
Oscar-winning director Roman Polanski told his lawyer on Monday to fight any attempt to extradite him to the United States for the 31-year-old rape charges.
IBT Staff Reporter
Sep 28, 2009
US Airways Group Inc said on Monday it received about $137.3 million in net proceeds from its share sale, after deducting fees and estimated costs.
IBT Staff Reporter
Sep 28, 2009
A U.S. appeals court on Monday reinstated an Alaska lawsuit against Altria Group Inc's Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not preempted by federal law and should have been tried in state court.
IBT Staff Reporter
Sep 28, 2009
Drugmaker Merck & Co has gained rights to sell and distribute CSL Ltd's seasonal flu vaccine in the United States under an agreement announced by the companies on Monday.
IBT Staff Reporter
Sep 28, 2009
Financially stricken U.S. hog producers are cutting back on supply in a bid for profits but consumers will continue to get plentiful pork at grocery stores well into next year, analysts said on Friday.
IBT Staff Reporter
Sep 25, 2009
U.S. copper futures bounced from one-month lows Friday morning, as a weaker dollar and rising consumer sentiment underpinned prices and countered weaker-than-expected durable goods and housing data.
IBT Staff Reporter
Sep 25, 2009
Boeing Co said Friday it is studying new draft bidding rules to decide which plane or planes to pit against the rival team of Northrop Grumman Corp and EADS's EADS.PA Airbus in a renewed $35 billion contest to supply refueling aircraft to the U.S. Air Force.
IBT Staff Reporter
Sep 25, 2009
China's largest video game operator, Shanda Games Ltd, priced its U.S. IPO at the top of its indicated range to raise $1 billion in the largest U.S. IPO this year, a source said on Friday.
IBT Staff Reporter
Sep 25, 2009
U.S. stocks fell on Thursday as a surprise decline in existing home sales suggested an economic recovery would be slow, even as initial jobless claims dropped.
IBT Staff Reporter
Sep 24, 2009
Automakers backed calls to ban drivers on U.S. roads from text messaging with cell phones and other hand-held devices, an issue gaining attention from the Obama administration and Congress.
IBT Staff Reporter
Sep 24, 2009
Fisker Automotive was awarded a $528.7 million U.S. government loan on Tuesday for development of gas-electric hybrid plug-ins.
IBT Staff Reporter
Sep 23, 2009
AutoNation Inc.(AN.N), the top U.S. auto dealership chain, is ready to go on offense by acquiring new stores and buying more vehicles as it bets that the battered U.S. auto market is headed for a long and steady recovery, the company's chief executive said.
IBT Staff Reporter
Sep 23, 2009
The U.S. credit card charge-off rate rose to a record high in August, as more Americans lost their jobs, Moody's Investors Service said on Wednesday, in another sign consumers remain under stress.
IBT Staff Reporter
Sep 23, 2009
Ford Motor Co (F.N) will start production of a small car in India early next year, and its chief executive said the U.S. market had was showing signs of recovery and he expected industry sales to rise in the next two years.
IBT Staff Reporter
Sep 23, 2009
The United States is still working toward an agreement with G20 partners to phase out subsidies for fossil fuels, a top White House adviser said ahead of this week's G20 summit.
IBT Staff Reporter
Sep 23, 2009
U.S. antitrust enforcers plan to hold talks on revamping merger guidelines, they said on Tuesday amid expectations that the Democratic administration will give corporate combinations a tougher review.
IBT Staff Reporter
Sep 22, 2009
U.S. stocks rose slightly on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve policy meeting, boosting oil and metals prices.
IBT Staff Reporter
Sep 22, 2009