IBT Staff Reporter

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Discounts drive auto sales rise, Toyota surge

U.S. auto sales jumped to a seven-month high in March led by a 41 percent surge at Toyota Motor Corp after the Japanese automaker offered the steepest discounts in its history to win back sales lost during its recent safety crisis.

Disney announces iPad applications

Walt Disney Co on Thursday said it will offer applications from all of its businesses on Apple Inc's new iPad electronic tablet, offering popular TV shows, video games and interactive books.

March auto sales jump 24 percent, Toyota rebounds

U.S. auto sales jumped 24.3 percent in March, the strongest result in months, led by a rebound at recall-hit Toyota Motor Corp , which offered record incentives aimed at putting the crisis behind it.

“Meow-Meow” will be Banned in Britain

Home Secretary Alan Johnson said mephedrone - currently freely available to buy on the internet and in shops selling legal highs - would join amphetamines and cannabis as an outlawed class B drug, the second most dangerous kind.

Factory, jobs data boosts hopes recovery to last

The number of workers filing new claims for jobless aid fell last week and factory activity in March hit its highest level in more than 5-1/2 years, strengthening hopes for continued economic growth without government support.

Tax unit aimed at wealthy begins audits

Audits are underway at a new Internal Revenue Service unit set up to catch rich tax cheats hiding funds in tax shelters, but don't expect a flood of evaders to come to light any time soon.

Microsoft sues UK game controller maker

Microsoft Corp on Thursday filed a lawsuit claiming British video game accessory maker Datel Design and Development Ltd is illegally copying the software company's game console controllers.

Tips for Traveling with Children

Parents who are preparing to set foot on a plane with small children can be, understandably, quite anxious about this experience. Children can be difficult adjusting to change and there’s nothing quite like flying in a plane.

Data boosts self-sustaining recovery hopes

The number of workers filing new claims for jobless aid fell last week and factory activity in March hit its highest level in more than 5-1/2 years, strengthening hopes for a self-sustaining recovery.

Chrysler sees sales gains from June

Chrysler expects steady U.S. sales growth to start in June, the one-year anniversary of the automaker's emergence from bankruptcy, its U.S. sales chief said on Wednesday.

U.S. court rules for eBay in Tiffany trademark tiff

EBay Inc did not engage in trademark infringement and dilution by selling counterfeit Tiffany & Co merchandise on its website, a U.S. appeals court ruled on Thursday, but it ordered further proceedings over the jeweler's claim of false advertising.

Mazda sees slight rise in March U.S. sales

Mazda Motor Corp said it expects a single digit increase in March U.S. sales, lagging the projected growth in industry sales, after cutting back on sales to rental companies and incentives to consumers.

Japan car sales jump on stimulus, Hyundai soars

Japanese auto sales jumped by a quarter in March to cap a business year that relied heavily on government incentives, while South Korea's Hyundai Motor continued to rack up impressive sales growth, sending its shares to a record high.

FOREX-Euro rallies vs U.S. dollar; yen falls broadly

NEW YORK, April 1 (Reuters) - The euro rallied against the dollar on Thursday, lifted by quarterly positioning and gains in the single currency against the Swiss franc as investors looked ahead to the U.S. non-farm payrolls report. Traders cited talk of intervention by the Swiss National Bank as lifting the euro against the franc, adding there was some SNB activity in the dollar/Swiss franc pair.

Nasdaq turns negative as RIM slides

The Nasdaq turn negative on Thursday, weighed down by a drop in Research In Motion Ltd , but the Dow and the S&P 500 clung to modest gains on optimism over stronger-than-expected manufacturing and jobs data.

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