Toyota Seeks Damage Control
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
Honda Expands Recall Due To Airbag Concerns
More than 378,000 Honda vehicles have been recalled, expanding a recall that began in November 2008 over concerns that airbag inflators could rupture and cause
Toyota Recalled Vehicles List
Here's a list of Toyota car and truck models recalled over potentially sticky gas pedals and other problems.
Small Businesses Stumbling Block For Economic Recovery
While Wall Street greed gets the blame for causing the Great Recession, small businesses are becoming the next culprit of hard times.
Report: US Regulators Warned of Toyota Accelerator Problems
State Farm Insurance Company warned U.S. safety regulators of problems with the accelerator system of Toyota Motor vehicles in 2007, according to Tuesday's
Prius and Lexus HS 250h Cars Recalled
Toyota on Monday night announced it will conduct a voluntary safety recall of approximately 133,000 2010 Prius vehicles and 14,550 Lexus 2010 HS 250h vehicles
Toyota Faces Lawsuit by Investors
Toyota Motor Corp. was sued in Los Angeles federal court for failing to disclose to investors that there was a major design defect in the automaker's
KBB Lowers Toyota Resale Values
The Blue Book value of used Toyotas has been reduced again as the Japanese carmaker's troubles persist. Kelley Blue Book said Monday it was lowering the resale
CBS: Highest-Rated Super Bowl in 23 Years
Super Bowl XLIV broke a 27-year-old all-time U.S. ratings record set by the comedy series MASH, CBS officials said Monday.
Final Curtain Call for Pasadena Playhouse
The 93-year-old Pasadena Playhouse rang down the curtain after Sunday's final performance of "Camelot." A $3-million debt has forced the historic theater to
US Consumer Credit Drops for 11th Month in a Row
Outstanding debts held by U.S. consumers fell for a record 11th month in a row in December, led by falling balances on their credit cards, the Federal Reserve
Jenny Craig to Pull Ad in Deal with Weight Watchers
Weight Watchers International Inc. on Friday settled a dispute with Jenny Craig Inc. involving ads the diet company called "false and misleading." Jenny Craig
Toyota President Deeply Sorry for International Pedal Fears
Toyota president Akio Toyoda on Friday offered a heartfelt apology for the recall of millions of cars around the world due to faulty accelerator pedals but
Toyota: Undecided on Prius and Lexus Recall
Toyota said Friday that it was still considering whether to recall its popular Prius and luxury Lexus hybrids, following reports the automaker is set to pull
SoCal Family Sues Toyota Over Death
A lawsuit filed Thursday against Toyota seeks to expand the automaker's recall of millions of vehicles to fix sticking accelerators, saying the death of a
US Government Investigating Brakes in 2010 Prius
The Transportation Department opened an investigation Thursday into brake problems in the 2010 Prius, the latest in a series of safety troubles at Toyota that
US Jobless Claims Rise Unexpectedly, Highest Since Mid-December
First-time claims for state unemployment benefits rose to the highest level since mid-December, the Labor Department reported Thursday.
Toyota Prius Braking System Design was Modified in January
A Toyota Motor Corp. executive said Thursday the automaker had already modified in January the breaking system design of its popular Prius hybrid model, and
Toyota Acknowledges Prius Brake Problem
Toyota acknowledged that it has begun fixing problems with the brakes in its prized Prius, but remains undecided about a recall, adding to the catalog of
Toyota Hit by Over 100 Prius Brake Complaints
TOKYO (AP) — Toyota Motor Corp. has been hit by over 100 complaints in the U.S. and Japan about brake problems with the popular Prius hybrid, the latest in a
Reports: AIG Plans $100 Million Bonus Payment
American International Group has agreed to cut employee bonuses by $20 million but still plans to pay $100 million in bonuses on Wednesday, according to
Americans Drank More, But Cheaper Liquor Last Year
Americans were drinking a bit more -- and a bit cheaper -- liquor last year, according to data released Tuesday by the industry's main trade group.
Toyota Exec: No Electrical Problems
A Toyota executive says the unprecedented scale of the gas pedal problem means damage to the company's sales may be greater than previous recalls.
Madonna is Nuts for Coconut Water, Invests $1.5M in Drink
Madonna is so nuts for coconut water that she invested about US$1.5 million in one of the leading makers of the drink, which has taken Hollywood and New York
Super Bowl Advertisers Gamble on Big Buzz
Some companies are sitting out the Super Bowl ad game this year, citing the down economy, but others believe there has never been a better time to get in the
Costs Mount as Toyota Announces Sticky Accelerator Fix
Toyota Motor said it had figured out how to fix a problem with sticky accelerators in millions of its vehicles, and was due to begin making repairs starting
Stimulus-Funded Eco Project May Cost Jobs
Federal stimulus dollars are supposed to help boost the economy, and create jobs and a more stable consumer environment. But recent news out of Maine is
Job Shop: Navigating Job Fairs
Networking? Check! Resume updated? Check! Treating the job search as a full-time job? Check! You've followed all the advice, but still no job prospects.
Los Angeles Times Changes Coming Monday
The Los Angeles Times print edition will shrink again Monday. The paper is consolidating printing operations at its Los Angeles Ninth Street plant, and is
Report: Toyota May Resume US Sales in Three Weeks
Toyota Motor Corp. plans to resume sales of eight recalled models in the United States as soon as the third week of February, Reuters reported on Friday,
Bud May Axe Iconic Clydesdales Super Bowl Ad
In a peculiar move, Anheuser-Busch InBev has decided to let consumers decide whether or not it airs a Clydesdale commercial in the Super Bowl.
Honda Announces Worldwide Recall of 646,000 Cars
Honda announced a voluntary worldwide recall of 646,000 compact cars Friday so it could examine window switches that can overheat if exposed to liquid,
Hurt by Recalls, Toyota Expected to Lose US Sales
Toyota's still-expanding recalls over faulty gas pedals and an unprecedented decision to stop selling and building some of its top-selling models in the U.S.
Ford Posts First Annual Profit Since 2005
Ford Motor swung to its first annual profit since 2005, helping the automaker further distance itself from its troubled U.S. rivals while stoking consumer buzz
Toyota to Recall Over 75,000 Vehicles in China
China's product safety watchdog said Thursday that Toyota would recall over 75,000 automobiles in the Asian nation, extending a program that already affects
Geithner Defends Handling of AIG Rescue
Democrats and Republicans alike pummeled Treasury Secretary Timothy Geithner on Wednesday over his role in the $180 billion bailout of insurance giant AIG
GM Stops Pontiac Vibe Sales as Part of Toyota Recall
General Motors Co. has halted sales of about two dozen Pontiac Vibe cars as part of Toyota Motor Co.'s recall of 2.3 million U.S. vehicles, Dow Jones Newswires
Apple Debuts $499 Tablet-Style iPad
Apple unveiled its highly anticipated tablet device called the “iPad” Wednesday at an event in San Francisco.
New US Home Sales Fell 7.6 Percent to Nine-Month Low in December
Sales of new U.S. homes fell 7.6 percent to a seasonally adjusted annual rate of 342,000 in December from 370,000 in November after a popular tax credit for
Apple's New Tablet Computer Could End Free Media
It looks like the free digital lunch may be over. As Apple gets set to release its new tablet computer, media producers everywhere are hoping to finally see
Toyota Halts US Sales of Camry, 7 Other Models
The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry, America's best-selling car — are
Apple Tablet Event
The tablet was out of the bag on Tuesday. It was all but confirmed Tuesday night that Apple is about to unveil its next big thing... A tablet e-reader that
GM Reaches Deal to Sell Saab to Spyker
Dutch sports car maker Spyker Cars has agreed to buy Saab from General Motors for roughly $74 million, the Wall Street Journal reported Tuesday, citing people
Hotels Drop 'Resort' From Name to Attract Businesses
To attract business conferences in these tough times, some luxury resort hotels have resorted to a sort of strategy of last resort: They're dropping the very
Stock Market Could Be Big Winner in Super Bowl
Investors have many ways to predict what the stock market will do -- charts, advisors, instinct and ... the NFL?
Budget Office: US Deficit to Hit $1.3 Trillion in 2010
The U.S. federal government budget deficit will reach $1.3 trillion in fiscal 2010, slightly less than the $1.4 trillion it recorded in fiscal 2009, the
Apple Has Most Profitable Quarter Ever
Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly 50 percent jump
Apple Tablet: New Chapter for E-Books?
Apple, Inc... the company whose CEO proclaimed in 2008 that people don't read anymore... may now be poised to sweep in and school the electronic book reader
How to Separate from the Job Fair Crowd
Follow this guideline on how to prepare for a job fair and you will increase of your odds of getting hired.
Taxpayers Get Break on Haiti Donations
Taxpayers will be able to write off charitable donations to Haiti earthquake relief efforts when they file their 2009 taxes this spring under a bill President
US Existing-Home Sales Down 16.7 Percent in December
Sales of U.S. existing homes plunged 16.7 percent in December to a seasonally adjusted annual rate of 5.45 million from 6.54 million in November as a popular
GM: No Deal Yet to Sell Saab, but Still Talking
Dutch luxury car maker Spyker Cars NV is still in talks with General Motors Co. to buy its ailing Saab brand, but no deal has been reached, spokesmen for both
Job Shop: Becoming an Entrepreneur
Like so many, Americans being laid off from a job can open a door to a whole new career.
Wal-Mart Cutting 11,200 Sam's Club Jobs
Wal-Mart Stores Inc. said Sunday it is cutting about 11,200 jobs at its Sam's Club warehouse division as it outsources in-store product sampling to marketing
Toyota Still Working on Problem that Prompted Recall
Toyota says it's still working to develop a solution to a problem with accelerator pedals that has prompted a recall of 2.3 million vehicles in the U.S.
Why Job Hopping May Hurt You in the Long Run
A long resume may not lead to professional success or big retirement savings, according to an article from U.S. News & World Report. In fact, moving from job
YouTube to Test Video Rental Service
YouTube will begin testing a limited video rental service this week, the company announced on its official blog Wednesday.
American Airlines Narrows Losses, Sees Bookings Rising
American Airlines' parent company reported Wednesday a narrower fourth-quarter loss and said it will modestly expand its international flights this year
New York Times to Charge for Web Access in 2011
The New York Times says it will charge readers for full access to its Web site starting in 2011, a risky move aimed at drawing more revenue online without
Apple, HarperCollins Talking e-Books
HarperCollins Publishers is negotiating with Apple Inc. to make electronic books available for the introduction of a new tablet device from Apple, according to
Second-Stringers Gird for 'Super' Ad Debuts
With veterans such as Pepsi, General Motors and FedEx sitting out Super Bowl XLIV on Feb. 7, viewers should prepare for a roster of unseasoned and
Apple Expected to Unveil Tablet Device Jan. 27
Apple on Monday morning announced an invitation-only special event in San Francisco Jan. 27 at which it is widely expected the company will unveil its
Beware of Fraudulent Haiti Relief Web Sites
Many people want to help with the recovery effort in Haiti by donating to a good cause, but the FBI and security experts are warning consumers about schemes.
Job Shop: Propel Your Career in 2010
Stalled out or laid off, no matter your employment status, the new year is the perfect time to recharge a lackluster career.
Google Says It's Business as Usual in China
Google said Monday it was business as usual in China, after reports that the U.S. internet giant was stopping some local staff from working following its
Saudi Billionaire Eyes New Links with News Corp
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances with
Verizon Lowers Wireless Plan Prices, Pressuring AT&T
Verizon Wireless introduced lower wireless pricing plans Friday, a move that's likely to force rival AT&T to follow.
Foreclosures Still on the Rise
No one needs to be told how bad things have been lately. Bad at the bank, bad on the career front, bad at the gas pump. For many, the bad times have gotten
Obama to Banks: We Want Our Money Back
President Barack Obama said Thursday he wants to tax banks to recoup the public bailout of foundering firms at the height of the financial crisis. "We want our
Online Banking Shown to Save Users' Money
Do you want to save money? Do you also want to be free of ATM machines, bank tellers and your mailed, monthly bank statement? They seem like kind of silly
Tiny Tango Turning Heads at Detroit Auto Show
It may be only 39 inches wide, but it's turning a lot of heads at the North American International Auto Show. The all-electric Tango boasts a range of 40-60
Home Foreclosures Hit Record High in 2009
The number of U.S. residential properties receiving at least one foreclosure filing jumped 21 percent in 2009 to a record 2.82 million, the online foreclosure
S&P Lowers CA Credit Rating
A major credit-rating agency lowered California's debt rating Wednesday, putting pressure on Gov. Arnold Schwarzenegger and lawmakers to start tackling the
Need Money for Your New Company or Invention? Get a Mentor
It used to be the way to get ahead in a trade was to apprentice yourself to a mentor. It seems some things never go out of style.
E-Tail King Amazon.com Killing Wal-Mart
A recent special report from Wall Street luminary The Motley Fool declares it’s the end of an age as Wal-Mart lumbers toward extinction in the face of
Ford Takes Honors at Detroit Auto Show
Ford Motor Co., the only Detroit automaker that did not file for bankruptcy or receive any government bailout funding, has swept the 2010 North American Car
Delta, Continental Raise Checked-On Baggage Fees
Delta Air Lines and Continental Airlines customers are facing higher luggage fees starting this week for travel within the U.S., U.S. Virgin Islands, Canada,
SEC: LA Radio host took part in $20M scam
The host of a radio business program is accused of taking part in a $20-million investment fraud targeting Iranian-Americans in the Los Angeles area.
GM May Reopen Some Factories to Meet Higher Demand
General Motors Co. may reopen some shuttered factories because it can't produce certain vehicles fast enough, its North American president said Monday.
Job Shop: Creating a Personal Brand
Career/Life Expert Martha R.A. Fields offers advice for creating a personal brand and look that spells success in 2010.
Report: JAL to Decline Offers From Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring will decline cash offers
China Passes Germany as Biggest Exporter
China overtook Germany as the world's top exporter after December exports jumped 17.7 percent for their first increase in 14 months, data showed Sunday, in
Marvel Sues to Keep Spider-Man, X-Men Copyrights
The home of superheroes including Spider-Man, the Fantastic Four and the X-Men sued one of its most successful artists Friday to retain the rights to the
Reports: JAL May File for Bankruptcy
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts,
Google May Be Sued For 'Nexus One' Name
The new Google phone called Nexus One was unveiled this week to much consumer excitement. But not everyone is happy.
Economy Loses 85K Jobs, Unemployment Rate Steady
The Labor Department says the unemployment rate stayed at 10 percent, with a loss of 85,000 jobs last month. Analysts expected a drop of 8,000.
H&M: We Will Stop Destroying Clothes
After slashed clothing was found in trash bags outside a New York City H&M, the store said on Wednesday that it will stop destroying new, unworn merchandise.
Data Shows Job Gains Are Near
A government report Thursday on claims for unemployment aid signaled that layoffs are easing and that the economy could be on the verge of posting the first
H&M, Walmart Seen Throwing Clothes Away
In this down economy, why are some stores throwing away their merchandise instead of donating it to charity?
December Layoffs Down to Lowest Level in Two Years
Planned job reductions fell in the fourth quarter to the lowest level in more than nine years, according to a tally kept by outplacement firm Challenger Gray &
Pending Home Sales Fall 16 Pct. in Nov.
The number of people preparing to buy a home in November fell sharply -- the latest sign that the housing market, which had appeared to be stabilizing, is
Americans' Job Satisfaction Falls to Record Low
Even Americans who are lucky enough to have work in this economy are becoming more unhappy with their jobs, according to a new survey that found only 45
Report: Apple Tablet Coming in January
Speculation intensified Monday that Apple Inc. will soon unveil a tablet-style gadget for consuming music, movies, books and other media.
Northrop Grumman Moving Corporate Offices from LA to DC
Northrop Grumman Corp. announced plans today to move the company's corporate office from Los Angeles to the Washington, D.C. region.
IRS to Start Regulating Tax Preparers
The Internal Revenue Service plans to start regulating paid tax preparers, requiring them to register with the government, pass competency tests and adhere to
Getting Career Motivated in 2010
Out with the old and in with the new. So, let's start this year off with a new attitude toward our careers and turn challenges of 2009 into new opportunities
Foreclosures Weigh On Home Appraisals
It wasn't the first time that Katherine Scheri ruined a real estate agent's day with a low property appraisal.
Cable TV Standoffs Threaten Viewing Costs, Choices
Many questions remain for cable TV viewers nationwide even after Fox and Time Warner Cable settled their noisy spat with a New Year's Day agreement.
States Closing The Book On Public Libraries
Across the country, state leaders are looking for ways to close their budget gaps. Now public libraries are on the chopping block. Watch the video inside the