After stoic showing in Congress, Toyoda breaks into tears
Akio Toyoda stood tearful under a giant display bearing the name of the company his legendary grandfather founded.
Q+A: What's the point of Obama's healthcare summit?
President Barack Obama hosts Republicans and Democrats at a high-level meeting Thursday that seeks to break an impasse over how to revamp the $2.5 trillion U.S. healthcare industry.
Moody's: Greece must act on fiscal plans
Moody's Investors Service said on Thursday any changes in its ratings on Greece would depend on whether Athens was smoothly enacting its fiscal reform plans as promised.
EU says fragile European recovery under way
The European Union economy is recovering from the deepest and longest recession in its history, but growth is still fragile although risks in 2010 are broadly balanced, the European Commission said on Thursday.
RBS loss shrinks, calls bad debt peak
Royal Bank of Scotland posted the largest 2009 loss of its European peers but shrank from record-breaking levels, despite a sharp jump in bad debts which it says may now have peaked.
Futures lower after Greece downgrade fears
U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone that have dogged markets recently.
Facebook urged to act after memorial sites defaced
Cyber attacks on Facebook pages set up to pay tribute to two murdered Australian children has prompted calls for the social networking site to be more accountable for its users.
Scientists move to improve climate data, reject 'skeptics'
World weather agencies have agreed to band together to improve climate data, officials said on Wednesday, as scientists work to repair recent damage done to the credibility of it's discipline.
Wall St index futures point lower; Bernanke eyed
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.4 to 0.6 percent, pointing to a weaker start for equities on Wall Street on Thursday.
Nissan, Suzuki, Daihatsu to recall cars in Japan
Nissan Motor Co will recall 76,415 cars across 10 models in Japan due to a possible defect that may cause engine failure, a filing with the transport ministry showed.
Lehman Brothers settles collateral claims with JPMorgan
Lehman Brothers Holdings has agreed with JPMorgan Chase & Co to settle about $7.68 billion in collateral obligations that were pending following Lehman's bankruptcy filing in 2008, court documents showed.
Toyota faces tough road to redemption after grilling
Toyota Motor Corp's president apologized to U.S. lawmakers and ended the day in tears, marking a potential climax to his company's safety crisis.
Microsoft wins court approval to topple botnet: WSJ
Software giant Microsoft Corp has won a U.S. court approval to deactivate a global network of computers that the company accused of spreading spam and harmful computer codes, the Wall Street Journal said.
Greece downgrade fears hurt euro, stocks
World stocks, the euro and commodities fell on Thursday on concerns over a potential downgrade of Greece's debt, while borrowing costs for peripheral euro zone countries rose.
Virgin Media signs video Web deal with Brightcove
British cable TV operator Virgin Media has chosen online video publisher Brightcove to provide and support short videos for its more than 11 million monthly website visitors.
Euro, stocks drop on Greece debt rating fears
The euro tumbled to a one-year low against the yen on Thursday and Asian stocks fell on fears that a potential downgrade of Greece's debt rating will worsen Europe's outlook and imperil the global economic recovery.
Asia stocks rally falters after Bernanke
A tepid rally in Asian shares faltered early on Thursday and the dollar rose after Fed Chairman Ben Bernanke's reaffirmation of an extended period of low U.S. rates boosted risk-seeking but also raised some concerns about global growth.
Twenty years on, family income still determines educational success
While the Government's 'Education Revolution' aims to drive productivity, empower individuals and overcome adversity, the latest data from the Brotherhood of St Laurence's Life Chances Study indicates that reduced family income remains a major barrier to social inclusion in education.
Hunt is on for high performing companies
The Australian School of Business is leading research into why some companies outperform the rest of the pack. It's now hunting for firms to take part, and gain an insight into just why they are so good.
Tearful Toyoda apologizes; Japan hopes for recovery
Toyota Motor Corp President Akio Toyoda apologized to U.S. lawmakers probing the automaker's safety record and ended the day in tears.
Morgan Stanley's Mack concerned about politics
Morgan Stanley Chairman John Mack said on Wednesday he is disappointed that decisions coming from the Obama administration are being motivated by politics.
Conan O'Brien joins Twitter
LOS ANGELES - If Conan O'Brien's debut on Twitter is any indication Coco fever is stronger than ever.
Coca Cola close to buying its largest bottler: report
Coca-Cola Co is close to buying most of its largest bottler, according to a Wall Street Journal report.
Deeply sorry Toyoda worries message was lost
President Akio Toyoda apologized to lawmakers probing the automaker's safety record but ended the day in tears, worried his message went lost in translation.
Senate seeks bank reform, Obama weighs in
Key senators pushed for a bipartisan agreement on a package of reforms to tighten rules for financial industry behavior as President Barack Obama on Wednesday blasted critics who call his policies socialism.
Nintendo handheld DSi XL coming to U.S. March 28
Nintendo will bring its latest dual-screen handheld video game system to the United States at the end of March, the company said on Wednesday.
Grim outlook from Bernanke damps rate hike talk
U.S. Federal Reserve Chairman Ben Bernanke told Congress on Wednesday a weak job market and tame inflation warrant low interest rates for an extended period, curbing speculation the central bank was moving closer to raising borrowing costs.
Toyoda faces critical lawmakers over safety flaws
Toyota Motor Corp chief Akio Toyoda said he took personal responsibility for the company's safety crisis and vowed to stay on to make sure customer complaints were taken more seriously.
Government eyes paying broadcasters for mobile spectrum
The top communications regulator offered to pay television broadcasters to give up their rights to airwaves worth an estimated $50 billion as it looks to overcome a looming scarcity of wireless spectrum for advanced mobile phone services.
Corrected: U.S. may pay broadcasters for mobile spectrum
Corrects paragraph 3 to show that National Broadband Plan will be released March 16, not March 17; changes headline for space consideration