IBT Staff Reporter

Toyota Motor Corp late on Wednesday said it is expanding a recall of its cars and trucks by another 1.1 million vehicles to address the risk of accelerator pedals becoming dangerously stuck.

Canada's privacy czar, who got Facebook to agree last year to better protect users' personal information, will launch a new investigation over complaints that the changes sometimes make things worse.

Zimbabwe's diamond sector is facing trouble again in the New Year with a coalition of industry-based associations and representatives in the US met the state department and demanded tough action by the Kimberley Process against the erring miners. They urged strict steps in implementing the joint work plan (JWP) designed to bring Zimbabwe into full KP compliance.

President Barack Obama will deliver his first State of the Union speech at 9 p.m. EST on Wednesday.

Online broker E*Trade Financial Corp posted its 10th-straight quarterly loss, but it was a quarter of the size of the loss in the year-earlier quarter as the company made headway on bad loans.

The Energy Information Administration (EIA) is seeking comments and recommendations on information needed to support analysis and increased understanding of energy markets, in support of the Energy and Financial Markets Initiative announced on September 9, 2009. A notice appeared today in the Federal Register describing topics of particular interest, as well as procedures for public comment over the next 60 days. The notice does not itself propose new EIA information collection. Comments receive...

President Barack Obama is set to deliver his first State of the Union speech at 9 p.m. EST, focusing on rekindling the U.S. economy , emphasizing his plans to restore job growth and taming budget deficits.

AT&T Inc appears to have fended off Verizon Wireless for now and retained its status as the preferred U.S. carrier for Apple Inc with a deal to support the new iPad tablet computer.

U.S. carriers United Airlines and AirTran posted better-than-expected quarterly results on Wednesday, citing improving revenue trends aided in part by returning business travelers.

E*Trade Financial Corp reported its tenth-straight quarterly loss on Wednesday, but the loss narrowed significantly and met Wall Street estimates.

New York Attorney General Andrew Cuomo is investigating 22 retailers for directing online shoppers to fee-based membership programs of discount clubs that often contain hidden charges.

The Federal Reserve on Wednesday offered a guardedly upbeat view of the U.S. economy and renewed its pledge to keep interest rates near zero despite the objection of one policy maker.

Microsoft Corp is expected to report a strong jump in quarterly profit on Thursday, helped by the successful launch of Windows 7, but it may not be enough to satisfy demanding investors and push its stock higher.

The Australian Dollar opens near a three-and-a-half week low today at 0.8925.

Apple Inc CEO Steve Jobs took the wraps off the highly anticipated iPad tablet and pitched it at a surprisingly low price, aiming to bridge the gap between smartphones and laptops.

Apple Inc CEO Steve Jobs took the wraps off the highly anticipated iPad tablet and pitched it at a surprisingly low price, aiming to bridge the gap between smartphones and laptops.

The S&P 500 Index closed higher today, adding 5.33 points or 0.49 percent. It recovered to 1,097.50 from a downward spike minutes after the FOMC statement that took the index to a low of 1,083.11.

Stocks rose on Wednesday after the U.S. Federal Reserve said it will keep interest rates near zero and ahead of President Barack Obama's State of the Union address tonight.

U.S. lawmakers on Wednesday challenged Treasury Secretary Timothy Geithner's credibility after he said he was not involved with AIG's decision to withhold details on $62 billion the bailed-out insurer paid to banks.

Sales of newly built U.S. single-family homes fell unexpectedly in December as the bounce from an initial tax credit fizzled, the latest sign that the government-led housing recovery might be losing some steam.

Microsoft Corp is expected to report a strong jump in quarterly profit on Thursday, helped by the successful launch of Windows 7, but it may not be enough to satisfy demanding investors and push its stock higher.

Apple Chief Executive Steve Jobs unveiled a $499 iPad tablet computer on Wednesday.

Stocks rose on Wednesday after the U.S. Federal Reserve said it will keep interest rates near zero and ahead of President Barack Obama's State of the Union address tonight.

Apple Inc CEO Steve Jobs took the wraps off the highly anticipated iPad tablet and pitched it at a surprisingly low price, aiming to bridge the gap between smartphones and laptops.

In the search for more unusual, out-of this-world travelling experiences, travellers are being lured to the ends of the earth to find the most eccentric, wacky and exciting activities, sights and venues. So if you're fond of a tipple or two, you might want to try one of these bars.

Time Warner Cable Inc and Scripps Networks Interactive said on Wednesday they had reached multiyear deals for the second-largest U.S. cable operator to carry the Scripps-produced Food Network and Great American Country.

CTS Corp, supplier of accelerator pedals used on eight vehicle models recalled by Toyota Motor Corp, said on Wednesday it is in talks with Toyota about a remedy for the problem.

Research has found that video games can help adults process information much faster and improve their abilities to reason and solve problems in novel contexts, The US Office of Naval finds.

The S&P 500 recovered from a low of 1,083.11, downward spike that occurred minutes after the Federal Open Market Committee statement, to trade at 1,093.54, up 0.12 percent at 3:27 p.m. in New York.