IBT Staff Reporter

Elizabeth Warren, the Obama administration's new consumer financial protection czar, said on Thursday that banks are showing early receptiveness to her plans for simplifying their disclosures to consumers.

More than half of the 1.3 million homeowners initially helped by the Obama administration's marquee foreclosure prevention program have since dropped out.

U.S. officials are not discussing renewal of a popular homebuyer tax credit that expired in April, President Barack Obama's top housing adviser said on Wednesday.

Toyota Motor Corp, Japan's largest automaker, has lifted a ban prohibiting office staff from working overtime, a move intended to give experienced workers more time to coach younger personnel, the Nikkei business daily said.

Hyundai Motor plans to disclose on Monday it is bidding for a controlling stake in Hyundai Engineering & Construction, an executive of the South Korean car maker said.

U.S. billionaire Warren Buffett could deliver some tough talk to BYD Co Ltd when he visits the Chinese automaker

Ford Motor Co President for the Americas Mark Fields said on Thursday he expects September U.S. light vehicle sales to top the 11.5 million annualized sales rate from August, which matches analysts' forecasts.

Early U.S. sales for Ford Motor Co's Fiesta show that consumers are buying higher-end versions of the new small car, boosting the automaker's profit on sales in a traditionally low-margin segment, company officials said on Wednesday.

Volkswagen AG will invest $550 million in developing a new engine facility in Mexico to supply parts to two of its North American plants, the German automaker said on Wednesday.

CarMax Inc, the largest U.S. retailer of used cars, posted market-topping results for the seventh straight quarter as customers continued to shy away from splurging on new cars in a sluggish economy.

Steel will remain the dominant material in the manufacture of cars even as environmental pressures lead to greater use of lightweight aluminum.

If you are tired of the modern looking watches then check out the latest traditional looking wristwatch from Carl F Bucherer - the new Manero ChronoPerpetual.

After two and a half years of renovation costing $ 29 million, the five star luxury hotel Pera Palace in Istanbul Turkey opened its doors to guests.

To commemorate the opening of his original store in New York, Ralph Lauren is redefining his vision of men's high fashion by launching an exclusive men's store in the same space.

The much talked about male fragrance from Chanel, Bleu de Chanel, which is being promoted through an ad film directed by Martin Scorsese, is the latest sporty fragrance to hit the market.

Air conditioning not only keeps you cool during the summer heat, it may also keep you alive.

Drivers distracted by talking or texting on cell phones killed an estimated 16,000 people from 2001 to 2007, U.S. researchers reported on Thursday.

Perhaps it wasn't sex workers and fast-growing cities that launched HIV onto its deadly global rampage, but well-meaning doctors using dirty needles in the first half of the 20th century.

Health insurers should be able to exclude most federal taxes, but not all, in calculating spending rates to meet new healthcare law requirements, an insurance advisory group has proposed.

Efforts to prevent suicides among U.S. war veterans are failing, in part because distressed troops do not trust the military to help them, top military officials said on Thursday.

Abbott Laboratories posted a list of lot numbers on Thursday for the millions of recalled containers of its Similac powdered infant formulas and expanded Internet and call center capacity to handle a deluge of requests for information from concerned parents.

Nearly one in five gay and bisexual men in 21 major U.S. cities are infected with HIV, and nearly half of them do not know it, U.S. health officials said on Thursday.

Many people have difficulty falling asleep, others can't stay asleep the desired amount of time and others report they toss and turn all night hardly sleeping at all. According to the National Institute of Health this is called problem sleepiness that has many causes and has unwanted consequences.

About 56 of the beached whales on Spirits Bay in northern New Zealand succumbed to the weather despite desperate attempts by rescuers to save them.

The lack of clean drinking water and sanitation in the world's poorest nations threatens U.N. goals to cut poverty and disease, and raises the risk of conflict, leaders and aid groups said on Wednesday.

If you like a nice band or a ring but do not like to hop into a jewelry shop to pick up one then check out the latest from Titanium Jewelry.

Taking inspiration from the workroom scents in Savile Row's Tailoring outfits Penhaligon's head of marketing Emily Maben and master perfumer Bertrand Duchaufour have created a new men's fragrance called Sartorial.

Even as your contemporaries sail to the Caribbean to celebrate to Christmas, you take a different course.

Virtually all U.S. states can quickly activate and staff emergency operations centers, receive and investigate urgent disease reports around the clock and quickly communicate with other laboratories, according to a federal report released on Tuesday.