Toyota quality changes to focus sharply on safety
Toyota Motor Corp executives in North America will have more authority over recall decision-making under quality control changes that will also give safety a sharper focus in vehicle design, company officials said on Tuesday.
Obama said poised to offer more healthcare changes
After a healthcare summit last week failed to win Republican converts, Obama and his fellow Democrats have been expected to launch a final push for an overhaul of the $2.5 trillion healthcare industry using a process known as reconciliation to move the measure through the Senate without opposition support.
Sleep habits linked to fat gain in younger adults
NEW YORK (Reuters Health) - Younger adults who get either little sleep or a lot of it may see a greater expansion in their waistlines over time, a study published Monday suggests.
Nissan unveils new compact car, sees 1 million sales
Nissan Motor unveiled its much-awaited low-cost compact car aimed at becoming a major force in the fast-growing segment, targeting global sales of 1 million units with the roll-out of a family of compact cars by 2013.
Wall Street futures flat; economic data awaited
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were little changed at 0950 GMT.
Dow set for positive 2010 as Greek debt fears ease
U.S. stocks were set for a higher open on Tuesday, a day after the S&P 500 moved into positive territory for the year, as Greece appeared to be making progress toward a resolution on aid from the European Union.
Allied Irish eyes asset/stake sale to raise capital
Allied Irish Banks said it would try to sell assets or a stake in the group before approaching shareholders or the government for further capital, after posting its first ever full-year net loss.
Europe car sales to fall; Toyota woes benefit Hyundai
Carmakers are bracing for lower sales in Europe this year as incentive programs end, while elsewhere companies are seeing opportunities in their competitors' product recalls.
Screening athletes could prevent sudden deaths
NEW YORK (Reuters Health) - Several of the nearly 100 young U.S. athletes who die suddenly and unexpectedly during sports every year could be saved through more effective screening for heart problems, US researchers suggested in a new study published Monday. The measures, according to another study, will cost less than $100 per athlete.
Snacks mean U.S. kids moving toward constant eating
WASHINGTON (Reuters) - U.S. children eat an average three snacks a day on top of three regular meals, a finding that could explain why the childhood obesity rate has risen to more than 16 percent, researchers said on Tuesday.
Saab CEO sees breakeven sales over 100k cars/year
Swedish automaker Saab would have to sell more than 100,000 cars a year to break even and hopes to sell about half of that in 2010, Chief Executive Jan Jonsson said on Tuesday.
Asian banks invited to help Prudential sell rights
Asian banks including DBS Group have been invited to help underwrite Prudential's $20 billion rights issue.
Staples net falls, shares drop
Staples Inc reported lower-than-expected quarterly profit on weak demand for big-ticket items, and forecast full-year earnings well below analysts' expectations, sending its shares down 7 percent.
Staples Q4 revenue beats; sees sales rising
Top office products retailer Staples Inc reported higher-than-expected quarterly revenue, boosted by its improving North American business, although its profit fell slightly short.
Stock futures rise on signs of Greek debt progress
Stock index futures rose on Tuesday, a day after the S&P 500 moved into positive territory for 2010, as Greece appeared to be making progress toward a resolution on aid from the European Union.
Harold Ford won't seek New York Senate seat: report
Harold Ford, a former representative from Tennessee, will not challenge Senator Kirsten Gillibrand in the New York Democratic primary, The New York Times reported on Monday.
Reliance may look elsewhere as Lyondell hopes fade
LyondellBasell has rejected Reliance Industries' offer that values the bankrupt firm at $14.5 billion.
Scientists urge rethink on narrow health goals
LONDON (Reuters) - Families in some poor nations are trapped in cycles of illness and poverty as authorities fail to tackle chronic health problems or meet goals on child health and tuberculosis, scientists said on Tuesday.
Astellas CEO aims for the stars with U.S. bid
Astellas, the country's second-biggest drugs firm on Monday went hostile with a $3.5 billion offer for U.S.-based OSI Pharmaceuticals.
Dell sees little limitation in M&A strategy
Dell, the world's No. 3 PC seller, is looking for acquisitions to bolster its consumer, small and medium business that accounts for almost half of the company's total sales.
Exclusive: Mortgage delinquencies rise after Q4 plateau
More homeowners are falling behind on their mortgages, jeopardizing the nascent housing recovery and raising the possibility that home prices have not found their bottom but could instead fall further.
Politics take center stage in Chinese economic debate
Turkeys don't vote for Christmas, and the Chinese Communist Party is not exactly itching to release its iron grip over society and the economy.
Thai Land & Houses says tax change to hold down profit
Land & Houses PCL LH.BK, Thailand's biggest home builder, said on Tuesday it expected to report only single-digit growth in net profit in 2010 due to higher costs as government tax breaks expire in March.
Stock futures higher on signs of Greek debt progress
Stock index futures rose on Tuesday, a day after the S&P 500 moved into positive territory for 2010, as Greece appeared to be making progress toward a resolution on aid from the European Union.
FT CEO says improving ad trend continues
The Financial Times has seen a positive trend in advertising sales continue into the current quarter a day after parent Pearson reported forecast-beating results.
Fannie Mae specifies MBS loan buyouts for March
Fannie Mae, the largest provider of funding for U.S. residential loans, on Monday said it would purchase up to 200,000 delinquent loans from its mortgage-backed securities in March as it sought to clarify a new policy that has roiled the market.
Fannie, Freddie special refinance program extended
An Obama administration program aimed at helping homeowners whose homes have declined in value get new loans has been extended another year, a key housing regulator said on Monday.
Chile struggles to keep order in quake-hit city
Chilean authorities extended a curfew in the country's second-biggest city on Tuesday as troops struggled to contain worsening looting and crime in the wake of a devastating earthquake.
Obama to pitch cash for caulkers in Georgia
President Barack Obama will announce details of an estimated $6 billion program on Tuesday to generate jobs by providing incentives for Americans to make their homes more energy efficient, the latest step in his bid to convince Americans he can ease their economic woes.
China sticks to diplomatic approach on Iran
China stood its ground that diplomacy was the best way to resolve the standoff over Iran's nuclear program, as U.S. diplomats arrived in Beijing on Tuesday for talks on Tehran and North Korea's atomic ambitions.