Business
Toyota recalls 437,000 Prius, hybrids globally
(AP)
AP - Toyota says it is recalling about 437,000 Prius and other hybrid cars worldwide to fix brake problems — the latest in a string of embarrassing safety problems at the worlds largest automaker.
Asian stocks mixed after Wall Street decline
(AP)
AP - Asian stocks were mixed Tuesday following Wall Streets decline on lingering worries about high European debt levels.
Oil below $72 in Asia amid economy doubts
(AP)
AP - Oil prices lingered below $72 a barrel Tuesday in Asia as investors remained uncertain about the strength of global economic growth and demand for crude.
Dow closes below 10,000 for first time in 3 months
(AP)
AP - The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.
Iowa AG files charges over film tax credits
(AP)
AP - Two filmmakers, their companies and the former manager of the Iowa Film Office were accused Monday of mishandling tax incentives designed to lure moviemakers to the state.
Super Bowl is most watched TV show ever
(AP)
AP - The New Orleans Saints victory over Indianapolis in the Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of "M-A-S-H" to become the most-watched program in U.S. television history, the Nielsen Co. said Monday.
European shares rise as Tokyo hits two-month low
(AFP)
AFP - European stocks staged a fragile rebound on Monday after sharp falls last week caused by mounting debt fears in Europe, but Tokyo hit the lowest point in nearly two months as most Asian indices fell.
Genesee & Wyoming 4Q slides; demand firms up
(AP)
AP - Regional freight railroad operator Genesee & Wyoming Inc. said Monday its fourth-quarter earnings fell 28 percent as a weak economy knocked down demand for the goods it hauls.
Swiss bank UBS returns to quarterly profit
(AFP)
AFP - Troubled Swiss bank UBS said Tuesday that it had returned a 1.20 billion Swiss franc profit (1.12 billion dollars, 821 million euros) in the final quarter of 2009, shrugging off more than a year of quarterly losses.
Asian shares struggle, euro wins respite
(Reuters)
Reuters - Asian share markets struggled to hold firmer ground on Tuesday but won some respite from recent losses, while the euro rose tentatively as investors took a break from selling it off over fiscal concerns in the euro zone.
Forget the Mortgage, Im Paying My Credit Card Bill
(U.S. News & World...
U.S. News & World Report - Amid high unemployment and sliding home prices, a growing number of struggling consumers are doing what was once considered unthinkable: paying their credit card bills instead of their mortgages. A recent study developed by TransUnion found the percentage of Americans who were current on their credit cards but behind on their mortgage increased to 6.6 percent in the third quarter of 2009, up from 4.3 percent in the first quarter of 2008. Meanwhile, the share of consumers making mortgage payments on time but behind on their credit cards moved in the opposite direction, sliding from 4. ...
Europe could face years-long debt grind
(AP)
AP - Is there any way out of Europes debt morass?
Limited Brands sets dividend of 15 cents per share
(AP)
AP - Clothing retailer Limited Brands Inc. says it will pay a quarterly dividend of 15 cents per share.
Beazer Homes posts a $48 million profit for Q1
(AP)
AP - Homebuyers spurred by low interest rates and government incentives helped lift Beazer Homes USA Inc.s sales in the last three months of 2009, but the builder only turned a profit because of a hefty tax gain.
Explosion unlikely to slow gas plant development
(AP)
AP - The Connecticut explosion that killed five people wont slow the development of natural gas power plants. But it will likely lead to more scrutiny of a technique used to clear air from gas lines.