New report: Consumers spent modestly in January
Tuesday, February 09, 2010
NEW YORK (AP) -- Americans backed off from holiday spending in January, but retail sales rose for a third month in a row compared with a year earlier, largely because of gas price hikes, according to figures released Wednesday by a key data service....
Asia stocks rise as Europe debt crisis fears ease
Tuesday, February 09, 2010
BANGKOK (AP) -- Asian stock markets mostly rose Wednesday after Europe and Wall Street gained on hopes a government debt crisis in Europe can be quarantined to smaller economies....
Honda adds 437,000 cars to global air bag recall
Tuesday, February 09, 2010
TOKYO (AP) -- Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese automaker....
Anthem asked to justify rate hike in California
Tuesday, February 09, 2010
LOS ANGELES (AP) -- In his push to move stalled health care reform, President Barack Obama is appealing to American pocketbooks by calling one health insurer''s major rate hike in California a harbinger of rising premiums....
Toyota seeks damage control, in public and private
Tuesday, February 09, 2010
WASHINGTON (AP) -- In public, Toyota is running apologetic TV ads and vowing to win back customers'' trust. Behind the scenes, the besieged carmaker is trying to learn all it can about congressional investigations, maybe even steer them if it can....
Consumers tepid as Disney posts flat 1Q profit
Tuesday, February 09, 2010
LOS ANGELES (AP) -- Consumers sent tepid signals to The Walt Disney Co. during the holiday quarter, as many of them still required discounts to step into theme parks and reduced spending on food, beverages and merchandise when they got there....
Senate Democrats unveil jobs package
Tuesday, February 09, 2010
WASHINGTON (AP) -- Senate Democrats circulated a jobs bill Tuesday that''s light on new initiatives on boosting hiring and heavy with provisions sought by lobbyists for business groups, doctors and the satellite broadcasting industry....
Stocks jump on hopes for Greece debt rescue
Tuesday, February 09, 2010
NEW YORK (AP) -- The Dow Jones industrial average jumped back above 10,000 on hope that a resolution was near for Greece''s debt crisis....