Toyota apology but no recall
Toyota CEO Akio Toyoda apologizes for the problems that led to the company's recall of more than 8 million cars, but did not announce another recall of its popular Prius Hybrid, despite reports of brake problems.
President Obama revealed a $3.8 trillion budget for 2011 on Monday that tries to balance two competing goals: continued government spending to boost the fragile economic recovery and controlling the nation's deficit.
When I speak to college students, I always push two messages: If you work hard, take risks, leave your comfort zone and never give up, you can do anything you want to in life; and part of life is competition, because no matter what you want, you can bet that someone else wants it too.
An entrepreneur has brought wine-making to Hong Kong, a city better known for its crowded streets than bucolic vineyards.
Voters in Iceland have gone to the polls for a national referendum on whether to repay billions of dollars the country owes to the UK and the Netherlands, which bailed out savers in their own countries after the collapse of Icelandic banks.
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Voters in Iceland appear poised to reject a deal to pay billions of dollars the country owes to the UK and the Netherlands, which bailed out savers who were their own nationals after the collapse of an Icelandic Internet bank.
As the leaders of the world's industrial powers gather this week in Pittsburgh, Pennsylvania, their economies are starting to emerge from the shadow of the worst financial downturn since the Great Depression.
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Toyota Motor Sales USA Inc. said Tuesday it is asking dealers to temporarily suspend sales of eight models.
Toyota said Monday it has developed a fix for gas pedals in millions of recalled vehicles and is already shipping the new parts to dealers. The fix involves reinforcing the pedal assembly in a way that eliminates the excess friction that has caused the pedals to stick, the company said.
The way in which Toyota handles the recall of millions of vehicles will determine whether it retains its position as the world's biggest car manufacturer, industry experts warned Friday.
The failed computer system that caused flight delays across the country has been restored, the Federal Aviation Administration said Thursday.
A bribery case that has raised concerns among international investors in China has been turned over to prosecutors, who will now decide whether to take it to trial, Australian officials said Monday.
Much has been made of the problem of livestock emissions of methane -- a far more potent greenhouse gas than CO2 -- but a solution might be just around the corner.