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Wholesale inventories cut 0.8 percent in December
WASHINGTON (AP) -- Businesses slashed wholesale inventories sharply in December, a much weaker showing than had been expected....
Stocks climb on hopes for Greece debt assistance
NEW YORK (AP) -- Stocks are higher as hopes grow that the European Union will help Greece with its growing debt burden....
Toyota recalls 437,000 Priuses, hybrids globally
TOKYO (AP) -- Toyota is recalling 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest embarrassing safety lapse at the world's largest automaker....
Japan Airlines rejects Delta, stays with American
TOKYO (AP) -- Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines....
Strong overseas sales put fizz in Coca-Cola's 4Q
NEW YORK (AP) -- Coca-Cola's strong overseas growth more than made up for a weak North American market in the fourth quarter, sending profit up 55 percent for the world's largest beverage maker....
Europe searches for way out of debt crisis
BRUSSELS (AP) -- The euro is under siege - and the next few days will be crucial....
McDonald's sales figure rises 2.6 percent in Jan.
NEW YORK (AP) -- McDonald's Inc., the world's largest fast-food chain, said Tuesday a key sales comparison rose 2.6 percent in January, as strong overseas sales more than offset a decline in the U.S....
UBS makes Q4 profit, but withdrawals continue
GENEVA (AP) -- Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said earnings suffered from rich clients withdrawing more money....
Oil above $72 in Asia amid weakening dollar
SINGAPORE (AP) -- Oil prices rose above $72 a barrel Tuesday in Asia as a weakening U.S. dollar offset concerns about the strength of the global economic recovery....
With Nelson, GOP blocks Obama labor board nominee
WASHINGTON (AP) -- Senate Democrats are unable to muscle through President Barack Obama's choice of a union attorney for the National Labor Relations Board, because one of their own has joined the Republicans to block the nomination....
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