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Latest Business News

Spike in Prius complaints may not be all it seems (AP) -

A 2005 Toyota Prius, which was in an accident, is seen at a police station in Harrison, New York, Wednesday, March 10, 2010. The driver of the Toyota Prius told police that the car accelerated on its own, then lurched down a driveway, across a road and into a stone wall.(AP Photo/Seth Wenig)AP - Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid.


GM CEO says U.S. will make money on bailout (Reuters) - Reuters - General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
Roll Call: Senate vote on jobless aid measure (AP) - AP - The 62-36 roll call Wednesday by which the Senate voted to extend jobless aid, tax breaks to businesses and individuals and money to help financially strapped states pay for health care for the poor.
Hill International 4th-quarter profit rises (AP) - AP - Construction consultant Hill International Inc. said Wednesday that its fourth-quarter profit more than doubled as revenue from its project management and construction claims units rose and selling, general and administrative expenses fell.
Wholesale inventories fall while sales increase (AP) -

In this March 3, 2010 photo, a Costco worker changes the price sign at Costco in Mountain View, Calif. Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves. (AP Photo/Paul Sakuma)AP - Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.


Senate passes jobless aid, business tax breaks (AP) -

Sen. Charles Schumer, D-N.Y., left, listens as Sen. Benjamin Cardin, D-Md.,  speaks during a news conference on Capitol Hill in Washington, Wednesday, March 10, 2010, to discuss the Democrats jobs agenda. (AP Photo/Harry Hamburg)AP - The Senate voted Wednesday to extend key pieces of last year's economic stimulus measure, including help for the jobless and money to help financially strapped states pay for health care for the poor.