Lawyer rebuts doubts about runaway Prius driver
SAN DIEGO (AP) -- The mystery surrounding a Toyota Prius whose driver reported a stuck accelerator deepened Sunday as the motorist's attorney dismissed a congressional memo that questions his client's version of events....
Oil falls below $81 amid weak US crude demand
SINGAPORE (AP) -- Oil prices fell below $81 a barrel Monday in Asia amid investor concerns flagging U.S. crude demand doesn't justify the recent rally....
Survey: Readers don't want to pay for news online
NEW YORK (AP) -- Getting people to pay for news online at this point would be "like trying to force butterflies back into their cocoons," a new consumer survey suggests....
Abu Dhabi sovereign wealth fund starts to open up
ABU DHABI, United Arab Emirates (AP) -- The Abu Dhabi Investment Authority broke with its customary privacy by issuing its first yearly statement Monday, marking one of the biggest steps yet by the world's largest sovereign wealth fund to increase transparency....
Amazon reacts to new Colo tax, costing affiliates
DENVER (AP) -- Kristie McNealy blogs from her suburban Denver home about raising four children and health issues. Her husband, Rob, a floor installer, runs another Web site offering product reviews and advice on hardwood floors....
China oil firm takes $3.1B stake in SAmerican firm
HONG KONG (AP) -- Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America....
Fed may hint at how long rates will stay at lows
WASHINGTON (AP) -- Federal Reserve policymakers may signal at their meeting this week how and when the improving economy will lead them to start raising record-low interest rates....
Dodd seeking middle ground on new financial rules
WASHINGTON (AP) -- The senator trying to rewrite the nation's financial industry rules is dropping plans to create a stand-alone consumer financial protection agency and to give a single regulator the power to oversee all banks, according to people familiar with the evolving proposal....
One minute of the latest headlines, direct from AP. (Updated hourly)
How the major stock indexes fared on Friday
Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong. Uneven figures on retail sales and consumer confidence gave investors little new insight into the economy. The reports weren't enough to propel the market higher a day after the Standard & Poor's 500 index closed at its highest level in 17 months. Major stock indicators climbed for the week after investors grew more upbeat about the health of banks....
Summary Box: Stocks cap week with modest moves
QUIET DAY: Major stock market indexes were little changed a day after the Standard & Poor's 500 index closed at a 17-month high. Mixed reports on consumer sentiment and retail sales kept trading subdued....
Earnings Wire
Nortel Networks posts profit in 4Q
TORONTO (AP) -- Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale....
Halozyme narrows 4Q loss due to Hylenex payment
SAN DIEGO (AP) -- Biotechnology company Halozyme Therapeutics Inc. said Friday that it trimmed its fourth-quarter loss with help from a large payment from its partner Baxter International and Swiss drug maker Roche....
QAD shares slide after 4th-quarter revenue drops
NEW YORK (AP) -- Shares of QAD Inc. sank Friday after the business software provider reported a drop in fourth-quarter revenue and predicted another drop for the first quarter....
SeaChange shares tumble after break-even 4Q
ACTON, Mass. (AP) -- Shares of SeaChange International Inc. tumbled Friday after the company reported a break-even fourth quarter and said one of its top executives has resigned....
