Toyota Motor Corp. says it's on track to become the world's largest automaker. CNN's Eunice Yoon reports In the race for the title of world's largest automaker, Toyota of Japan proved Tuesday it's on track to unseat US car giant General Motors. 'We'v...
Obama Pushes Stimulus Package President-elect Barack Obama has delivered an internet speech in an attempt to promote confidence and quiet skeptics who have criticized his massive planned stimulus package. Tony Guida reports. Presidetn-elect Barack Ob...
Airlines pinch passengers Major air carriers are passing increased fuel costs on to passengers in the form of surcharges and fees It really comes down to jet fuel prices,if you think about it just as we are paying more to fuel up our cars,and on much...
Full-time jobs hard to find With unemployment on the rise, some job hunters rely on part-time work to make ends meet Federal Reserve chairman Ben Bernanke this week said its possible the U.S. may be heading into a recession. But millions of Americans...
The Great Mortgage Disappearing Act First Direct, which was the most competitive lender on the market, has stopped offering mortgages to new customers. As Sky's Business Correspondent Joel Hills reports, it is not the only lender pulling mortgage dea...
Got a grand? Get a house Foreclosed properties are being sold for ultra-low prices, some for less than $1,000. How about a house for a thousand bucks？Not a monthly payment, a whole house for a grand. It may sound unbelievable, but it's happening in...
Trader: First quarter to be flat One trader predicts an unexceptional start to 2009, but that's actually a positive indicator for the future. Whats the first full trading week in 2009 and as the Wall Street proverb goes as goes January, so goes the y...
Business Bulletin The latest in business news with the CNN.com business bulletin Today's closing bell marked the end of the first quarter on Wall Street. And as Stephanie Elam reports from our Business desk in New York. It wasn't a good one, was it S...
AIG sues former CEO The insurance giant accuses former chief 'Hank' Greenberg and 6 others of misappropriating $20 billion of AIG shares. The worlds largest insurer by asset is suing its CEO and 6 other executives. AIG is suing the man that ran their...
Motorola's great divide Under pressure from activist investor Carl Icahn, the company separates its mobile handset business Bearking up is hard to do. Splitting up might be a little easier, especially if your company is facing intense pressure from a...
Best performers of 2008 As Wall Street's worst year since the 1930s draws to a close, we take a look at the companies that bucked the trend . The Dow, down. The Samp;P 500, down. And the NASDAQ, down. What a record for 2008! But its not as bad as the...
Green-collar jobs The workplace is turning more eco-friendly, creating new occupations Have some coffee? Yes! After 34 years working in Toledo Ohios automotive industry, John Morris was laid off, and left to fend for himself in a bleak job market. Be...
Despite economy, Nike soars Nike has seen its third-quarter income leap by 32% compared to a year ago It looks like the weakening US economy is not weighing on Nike whatsoever. The athletic apparel giant out with its earnings late last night after th...
Issue No. 1 The economy is front and center on voters' minds as markets slide, banks skirt collapse and the dollar is in freefall. The mortgage meltdown, the credit crunch. Up and down investments, uncertainty in the job market, today issue No.1 is t...
Microsoft Yahoo break silence Microsoft, Yahoo are reportedly talking for the first time since Yahoo rejected Microsoft's takeover offer in January. Another headline for Yahoo and Microsoft this time, the wall street journal reporting that executives...
