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GM recalls 4,873 Sonic cars in U.S. and Canada

GM recalls 4,873 Sonic cars in U.S. and Canada

General Motors Co is recalling 4,873 of its current year Chevrolet Sonic subcompact cars in the United States and Canada for possible missing front brake pads, the company and federal safety regulators said on Friday.

Whirlpool accuses Samsung, LG of dumping washers

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Whirlpool Corp on Friday accused two South Korean rivals, Samsung Electronics and LG Electronics , of dumping washing machines in the United States by selling them at substantially less than fair value.
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SOPA Bill 2012: Will Internet Giants Launch Coordianted Blackout?

SOPA Bill Protest: Will Facebook, Google and Twitter 'Blackout' the Internet?

NetColalition, a trade association that includes Google, Facebook, Amazon, Twitter and PayPal, is planning a coordinated blackout to protest the Stop Online Piracy Act (SOPA). The blackout would be the most extreme move against the controversial bill yet, but NetColalition says the protest is just the tip of the iceberg.
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AIG's UGC business to launch loan-document product

American International Group Inc's mortgage-insurance subsidiary plans to launch a product next month that will independently review and store loan paperwork for a fee, the latest attempt to cut down on the battles between banks and insurers over bad mortgage loans.
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Verizon to add $2 bill-pay charge

Verizon Wireless, which this month angered customers with three separate data service problems, said on Thursday it will add a $2 fee for one-time telephone and online bill payments.
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Wall St off on last trading day

U.S. stocks fell on Friday, the last trading day of a turbulent year, with the broad S&P 500 index on track to end 2011 barely changed from 2010's closing level.
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Gold up 1.7% on Bargain Hunting, Ends Year up 9.1%

Gold rose two percent on Friday in a rebound rally, boosted as the euro rose against the dollar and as investors covered short positions the session after the metal hit a six-month low and briefly entered bear-market territory.
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Wall Street near flat

Stocks were nearly unchanged on Friday, the last trading day of a turbulent year, but the S&P 500 looked set to end with a slight gain.
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'A Separation' Builds Iranian Oscar Hopes

Hollywood has often criticized Tehran for stifling movie-making, but the acclaimed film A Separation is breathing life into Iran's hopes for a rare Oscar success.
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More pension plans count down to year-end mark

Tom Adams, chief financial officer of cigarette-maker RAI Inc , will be keenly focused on the stock market on Friday, not with his company's share price in mind, but rather with the fate of his pension plan's portfolio.
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Ford brand 2011 U.S. sales top 2 million

Ford Motor said its primary Ford brand vehicle sales topped 2 million in the United States this year, the first time since 2007 that any single automotive brand has reached that level.

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