Key dates in the history of Toyota Motor Corp.
03/07/2013 12:21am
Key dates in the history of Toyota Motor Corp.:
French jobless rate up again in Q4, hits 10.6 pct
03/07/2013 12:38am
France has yet to hit bottom. The unemployment rate in Europe's second-largest economy rose again in the last quarter of last year to 10.6 percent, putting new pressure on President Francois Hollande's rollout a controversial labor-market reform.
Japan nominates vice finance minister to lead ADB
03/07/2013 1:38am
Japan has nominated Takehiko Nakao, its deputy finance minister for international affairs, to become president of the Asian Development Bank.
Adidas posts loss on weaker Reebok prospects
03/07/2013 3:06am
Sports gear maker Adidas AG lost (EURO)273 million ($356 million) in the fourth quarter as it wrote down the value of its weakening Reebok brand. But it said sales and earnings would increase this year and raised its dividend payments.
Dubai's DP World sells HK port stakes for $742M
03/07/2013 3:07am
Dubai's government-backed port operator is selling stakes in two Hong Kong container terminals and a logistics business for $742 million.
Malaysia's Petronas says profit down 17 percent
03/07/2013 4:22am
Malaysia's national oil company Petronas said Thursday its profit fell 17 percent last year, partly due to a shutdown of production in South Sudan, and warned of further headwinds.
UN predicts near record wheat production
03/07/2013 4:31am
A U.N. food agency says the world is headed to the second largest wheat crop on record because of increased plantings in Europe and a recovery from drought in the U.S.
Bank of England opts against another stimulus
03/07/2013 5:47am
The Bank of England has opted against injecting more money into the ailing British economy, which has one foot in recession but stubbornly-high inflation.
Icahn proposes alternative to Dell buyout
03/07/2013 6:04am
Billionaire investor Carl Icahn is proposing an alternative to the $24.4 billion plan to sell slumping PC maker Dell to a group led by founder Michael Dell, saying it substantially undervalues the company.
Colgate-Palmolive to split stock, raise dividend
03/07/2013 7:21am
Consumer product maker Colgate-Palmolive Co. said Thursday that its board approved a 2-for-1 stock split, its first one since 1999.
Clashes at Goodyear protest of factory closure
03/07/2013 7:46am
Burning the very fruit of their labor, workers from Goodyear clashed with police outside the tire-maker's French headquarters Thursday in a last-ditch attempt to save their jobs.
Hot Topic selling itself for $592M to Sycamore
03/07/2013 8:06am
Hot Topic said Thursday it agreed to be acquired by investment firm Sycamore Partners for about $592.4 million in cash.
Mercedes February sales down 5.8 percent
03/07/2013 8:17am
Global sales of Mercedes-Benz cars dropped 5.8 percent in February compared with a year earlier as deliveries in China dropped sharply _ at least in part due to the timing of this year's Chinese New Year holiday.
Pakistan to complete Iran gas pipeline project
03/07/2013 8:57am
Pakistan's Foreign Ministry says the government will complete a gas pipeline from neighboring Iran despite U.S. opposition to the project.
Lukoil chief wants level playing field for Arctic
03/07/2013 9:04am
Russia's second-largest oil company will push for legislation to allow independent producers to compete for the right to tap the rich energy reserves of the Arctic.
Ford recalls 230,000 minivans to fix rust problem
03/07/2013 9:24am
Ford is recalling 230,000 minivans in 20 cold-weather states and Washington, D.C., to fix rust problems that can cause the third-row seats to come loose.
Navistar promotes executive Clarke to CEO
03/07/2013 10:48am
Navistar shares surged Thursday after the truck and engine maker promoted its president and chief operating officer to CEO and sounded an optimistic note on its turnaround strategy.
Summer concert sold out? How to save a few bucks
03/07/2013 12:34pm
It's not even spring yet, but tickets for big summer concerts are going fast.
SEC proposes tighter oversight of computer trading
03/07/2013 12:40pm
U.S. stock exchanges could be subject to tighter oversight of automated trading under a federal proposal that advanced Thursday.
News Summary: Subaru recalls 47,000 vehicles
03/07/2013 12:51pm
REMOTE RECALL: Subaru is recalling more than 47,000 cars and SUVs with remote starters. Included are some Legacy and Outback cars from the 2010 to 2013 model years. Also the Impreza from 2012 and 2013 and the XV Crosstrek from 2013.
Dublin Airport reopens after plane's wheel fails
03/07/2013 2:01pm
Flights at Dublin Airport were temporarily suspended Thursday when a BinAir cargo plane's nose wheel collapsed after touching down, the second such landing-gear failure to beset the small German charter airline.
Merck replacing R&D head with former company exec
03/07/2013 3:10pm
Merck & Co. said Thursday that it's getting a new director of research and development, Dr. Roger M. Perlmutter, a former research executive at Merck and at Amgen Inc.
How to avert problems for a happy hospital stay
03/07/2013 3:28pm
Hospital stays can be scary, but they don't have to be.
News Summary: Merck names ex-Amgen exec to run R&D
03/07/2013 3:30pm
COMING BACK: Dr. Roger Perlmutter, a former research executive at drugmaker Merck & Co., will return on April 15 to become director of Merck Research Laboratories.
Dow's recovery is old news to these top funds
03/07/2013 4:00pm
The stock market keeps pushing higher. The Dow Jones industrial average climbed to a record on Tuesday, finally recovering to surpass its October 2007 high. The momentum continued as stocks piled on more gains the next two days.
News Summary: Dow recovery old news for some funds
03/07/2013 4:04pm
MARKET COMEBACK: The Dow Jones industrial average this week climbed to a record level, surpassing the previous high reached nearly five and a half years ago.
Icahn increases stake in Herbalife
03/07/2013 4:06pm
Activist investor Carl Icahn is increasing his stake in Herbalife.
Gap revenue rises; transcript leaks early
03/07/2013 4:20pm
Gap Inc. said Thursday a key revenue measure rose more than expected in February, helped by sales of jeans and woven tops at its Gap and Old Navy stores.
Kroger's profit beats Wall Street expectations
03/07/2013 4:22pm
Kroger's fourth-quarter profit handily beat Wall Street expectations as the country's largest traditional supermarket operator saw sales climb.
Macy's, Penney goes into mediation
03/07/2013 5:28pm
A New York State Supreme Court Judge has ordered Macy's, J.C. Penney and Martha Stewart Living into mediation in a bid to resolve a dispute over a partnership with the Martha Stewart brand.
MetLife to move 2,600 jobs to NC from NE, Calif.
03/07/2013 7:06pm
Insurance giant MetLife Inc. is moving 2,600 jobs from offices in four Northeast states and California to North Carolina, which is offering tax and other incentives that could be worth almost $100 million.
Fed says 17 of 18 top US banks have strengthened
03/07/2013 7:11pm
All but one of the nation's 18 largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the 2008 financial crisis, the Federal Reserve says.
Tsunami-hit towns still barren as rebuilding lags
03/07/2013 8:14pm
Like tens of thousands of people who lost everything in the tsunami that pulverized Japan's northeastern coast two years ago, 83-year-old Hide Sato is living in one-room temporary housing, and longing for a home of her own.
China calls on Japan, US, EU to avoid devaluation
03/07/2013 10:33pm
China's commerce minister appealed Friday to other major governments to avoid suppressing the value of their currencies to boost exports, warning that could hurt global growth.
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