Toyota Motor Corp said it would take a $50 million stake in U.S. electric carmaker Tesla Motors, a move that gives the Japanese automaker a chance to repair its dented public image and vaults the California start-up on to the world stage.
Toyota Motor Corp said it would take a $50 million stake in U.S. electric carmaker Tesla Motors, a move that gives the Japanese automaker a chance to repair its dented public image and vaults the California start-up on to the world stage.
The fiscal tightening from Japan, euro zone, and the United States will lead to slower growth and lower inflation, which is leading to added selling pressure on world financial markets on Thursday, the manager of the world's biggest bond fund said.
Top U.S. office products retailer Staples Inc gave a lackluster outlook for the rest of its fiscal year and reinforced growing industry expectations for a slower U.S. economic recovery.
Home sales in the nine-county San Francisco region continued to shift toward its more expensive markets in April, reducing overall sales and lifting the area's median sales price from year-earlier levels, a report by MDA DataQuick said on Thursday.
Japanese online mall operator Rakuten said on Thursday it will acquire Buy.com Inc for $250 million, foraying into the U.S. market for the first time as it steps up its push to expand overseas.
Europe's debt crisis shows the risks for the United States if it does not get its budget deficits under control, former Federal Reserve Chairman Paul Volcker said on Tuesday.
Home sales in Southern California in April ticked down from a year earlier while the region's median home price jumped more than 15 percent over the same time as the area's housing market marked more small steps toward recovery.
Hewlett-Packard Co's quarterly results beat expectations and it raised its full-year earnings outlook on demand for personal computers and servers as well as a resurgence in its printing business.
Moving to clear away an obstacle to passage of a Wall Street reform bill, key U.S. senators have struck a compromise balancing state and federal powers in bank consumer protection, aides said on Tuesday.
Microsoft Corp will pay $200 million to VirnetX Holding Corp and obtain a patent license to settle litigation accusing it of infringing two patents for communicating over the Internet.
Fearing huge losses in sales after pictures leaked of its fourth-generation iPhone, Apple Inc convinced police to launch a felony investigation and Chief Executive Officer Steve Jobs contacted the offending Web site himself to try and recover the gadget.
An Apple Inc lawyer considered a missing iPhone 4G prototype invaluable and publication of its details immensely damaging to the gadget maker's future sales, according to a search warrant unsealed by a California judge on Friday.
U.S. stocks fell, with the S&P 500 and Nasdaq off 2 percent or more on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.
(Reuters) - Parents worried about putting very young children into daycare got some reassuring answers on Friday -- children who have high-quality care see academic benefits lasting into high school.
Toyota Motor Corp said it would close one of its four vehicle plants in Thailand as the economic crisis hammered exports, in a rare move for what was until a few years ago the world's fastest-growing carmaker.
The federal judge handling more than 100 lawsuits against Toyota Motor Corp over cars that raced out of control said on Thursday that he would decide by next week which plaintiffs lawyers would take a leading role in the massive litigation.
California is so not Greece.That's the broadly held view in the $2.8 trillion municipal bond market, which is puzzled by analysts, columnists, cartoonists and bearish investors comparing Greece's fiscal floundering and $1 trillion bailout to hard-pressed states such as California and Illinois.
Foreclosure activity fell in April as lenders repossessed homes at a record pace but started far fewer new actions against struggling homeowners, signaling a plateau in loan failures, RealtyTrac said on Thursday.
U.S. stock index futures pointed to a lower start on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq down 0.1-0.3 percent at 5:30 a.m. EST.
Germany's SAP AG said it plans to buy smaller business software maker Sybase Inc for $5.8 billion, gaining technology that allows it to deliver accounting software and other programs to smartphones.
Germany's SAP AG said it plans to buy smaller business software maker Sybase Inc for $5.8 billion, gaining technology that allows it to deliver its programs to mobile devices like the iPhone.
