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Workers assemble a pre-production 2013 Dodge Dart during a tour of the Chrysler Belvidere Assembly plant in Belvidere

New Car Sales To Soar in Feb: 14 Million Mark Looks Likely

Automakers will report nearly 1.09 million new cars in February on Thursday, according to two industry forecasts, continuing the ongoing revival of the industry as sales jumped nearly 6 percent from February 2011 and an eye-popping 20 percent from January. That would equal a seasonally adjusted annual rate (SAAR) above 14 million units -- the highest level since early 2008.
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Yahoo Inc

Yahoo Could Throw Wrench into Facebook IPO

Internet giant Yahoo could throw a wrench into Facebook’s planned $5 billion IPO by demanding that the social-networking company enter into patent licensing agreements.
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Obama to Sign Order Creating Trade Enforcement Unit

President Barack Obama, following through on a promise to beef up enforcement of trade agreements, on Tuesday will sign an executive order creating a new government team to make sure China and others play by the rules, the White House said.
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Nikkei Eases as Elpida Woes Slam Chip Sector

Japan's Nikkei average retreated from a seven-month high Tuesday as traders took profits ahead of a key selling level, while the chip sector suffered losses after Elpida Memory Inc said it will seek bankruptcy protection.
Dodge Dart

Chrysler Expands Mopar Service Arm Into Argentina, Brazil

Seventy-five years ago, Mopar began as a name for an antifreeze product. That antifreeze brand has grown into the global automobile parts and service arm of Chrysler Group LLC, and its latest announcement further expands its global footprint.
Staff member is silhouetted on a projector screen displaying a logo of Olympus Corp before a news conference in Tokyo

Olympus Risks Foreign Backlash with New Board Line-up

Japan's Olympus Corp proposed a new board of directors on Monday in an effort to recover from a $1.7 billion accounting fraud, but the line-up could face a hostile reception from foreign investors when it goes to a shareholder vote.
G20 and Europe

G-20 to Europe: Show Us the Money

Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.
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Japan regulator investigates broker in pension scandal: sources

Japan's securities watchdog is investigating a small Tokyo-based broker, ITM Securities Co, over its possible role in a scandal involving the suspected disappearance of more than $2 billion in corporate pension funds, two sources with knowledge of the matter said.
Casa Berardi Project

Gold Prices Slide 1% with Euro, Stocks, Other Commodities

Gold prices fell 1 percent on Monday, in line with the euro, stocks and other commodities, as worries over the euro zone debt crisis and the impact of high crude oil prices on the fledgling economic recovery fuelled risk aversion.
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Nissan aims to double use of common parts in next cars

Nissan Motor Co <7201.T> said on Monday it will overhaul the way it develops cars by using common parts across different vehicle segments, cutting costs by nearly 30 percent and helping offset soaring spending to make cars safer and more fuel-efficient.
Elpida to raise $990 million for new chips

Elpida Files for Bankruptcy Protection

Japan's Elpida Memory Inc said it filed for protection from creditors on Monday with 448 billion yen ($5.55 billion) in debt, the biggest bankruptcy filing by a Japanese manufacturer.
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Olympus taps insider, ex-banker for top board posts

Olympus Corp tapped a company veteran as president and a former banker from its main lender as chairman on Monday, a move likely to upset big foreign investors as it tries to recover from an accounting scandal that tarnished its image and hammered its balance sheet.
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China calls for steps on euro zone crisis

China on Monday called for steps to address the euro zone debt crisis, high oil prices and volatile capital flows, adding that Group of 20 nations should focus on ensuring a global economic recovery and financial market stability.
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Elpida to file for bankruptcy protection: executive

Japan's Elpida Memory Inc plans to file for bankruptcy protection on Monday, a senior executive said, potentially lowering the curtain on Japan in a PC memory chip business it once dominated as talks stalled on a possible rescue by domestic lenders and would-be overseas equity partners.
Japan Tsunami Recovery: Pictures of Then and Now

Japan Tsunami: Then and Now (PHOTOS)

The 2011 Tohoku earthquake that struck the coast of Japan, which triggered a tsunami and caused a widespread death and destruction, is regarded as one of the most powerful earthquakes in the history of the world.
Staff member is silhouetted on a projector screen displaying a logo of Olympus Corp before a news conference in Tokyo

Olympus Risks Foreign Backlash With New Board Line-Up

Japan's Olympus Corp unveiled a proposed new board of directors on Monday in an effort to recover from a $1.7 billion accounting fraud, but the line-up could face a hostile reception from foreign investors when it goes to a shareholder vote.

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