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Today's Business Headlines
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WASHINGTON/SAN DIEGO (Reuters) - Toyota Motor Corp said on Monday it had found no evidence to support the driver's account of a widely publicized "runaway" Prius incident in California that overshadowed the company's attempts to restart sales after a punishing series of recalls. U.S. ...
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WASHINGTON (Reuters) - Congressional Democrats took the first step on Monday toward a quick final vote on a healthcare overhaul and House of Representatives Speaker Nancy Pelosi vowed to muster the votes needed to pass it. With a close vote expected later this week, House Democrats hustled to line ...
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WASHINGTON (Reuters) - U.S. regulators released a blueprint for upgrading Internet access for all Americans, with Internet speeds up to 25 times the current average, expanded coverage and more airwaves for mobile services. The U.S. Federal Communications Commission plan released on Monday comes as ...
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Demand Media said Joanne Bradford will join the company as its first chief revenue officer to oversee advertising sales and the company's recently launched online content services business. The departure of Bradford, a former executive at Microsoft Corp, comes as Yahoo is in the midst of a ...
WASHINGTON (Reuters) - The Federal Reserve would retain some but not all of its oversight powers in the changed financial landscape envisioned by Senate Banking Committee Chairman Christopher Dodd in a plan unveiled on Monday. Dodd gives the Fed more power than in his earlier proposals, putting ...
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NEW YORK (Reuters) - Credit card delinquency rates improved at JPMorgan Chase & Co and a majority of others -- a sign the lenders still face hurdles in the wake of the deep recession. The delinquency rates likely received a seasonal boost, but nonetheless signal the card issuers are less ...
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NEW YORK (Reuters) - The former president of New York's privately held Park Avenue Bank was arrested on Monday on fraud charges, the first person accused of attempting to steal U.S. government bailout funds in the financial crisis. The charges came just three days after regulators seized the bank, ...
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Google Engineering Vice President Vic Gundotra did not say when he expected the crossover in the so-called cost per click of its search ads to occur, during a webcast to analysts about the company's mobile business on Monday. But he said that mobile ad rates have increased "dramatically" ...
HOLLYWOOD, Florida (Reuters) - U.S. tax authorities are expected to "very shortly" launch another prosecution against a foreign bank similar to the tax evasion case they pressed against Switzerland's UBS AG, an Internal Revenue Service (IRS) agent said on Monday. Linda J. Osuna, IRS ...
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WASHINGTON (Reuters) - The Federal Reserve would take on a greatly expanded role in financial regulation under new legislation unveiled on Monday by a top Senate Democrat, in a push to move ahead with the regulatory reform that has been a top priority of President Barack Obama. The bill by Senator ...
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