General Motors has approached previous potential bidders for its Hummer unit after a deal to sell the brand to an obscure Chinese firm collapsed.
Toyota Motor President Akio Toyoda has ordered the creation of a temporary task force to improve internal and external communication.
Asian stocks rose on Friday as investors tried to shake off weak economic data in the United States and Europe, but lingering caution about riskier assets supported the safe-haven yen.
Shares of Palm dropped dramatically after it pre-announced its revenue on Thursday, but the company's failure to become a viable mobile player can be traced to its carrier partners.
The market crushed shares of Palm on Thursday after it said that sales of its new phones were missing expectations.
Shares of Palm were crushed on Thursday after the company admitted that sales of its phones were not meeting expectations.
The euro languished near one-year lows against the yen on Friday, while commodities and Asian stocks struggled in tepid trade as worries about Greece and the health of the world economy took hold.
President Barack Obama, Democratic and Republican members of Congress, finishing a long day of discussions on health care reform, remain far apart on the need to extend coverage to millions of U.S. residents, primarily because of the costs involved.
The Federal Reserve expects the largest U.S. banks to make progress this year in overhauling their pay practices, while acknowledging that more dramatic changes may take longer to implement, a Fed official said on Thursday.
President Barack Obama made a last-ditch bid to save his stalled healthcare reform on Thursday, clashing frequently with Republican leaders at a bipartisan summit and moving no closer to a compromise.
Japan's Mao Asada will compete for the Olympic gold medal on figure skating with main rival South Korea's Kim Yuna Thursday evening in Vancouver .
One of the more memorable speakers of Thursday's televised healthcare summit from Washington came from Democratic Rep. Louise Slaughter of New York.
President Barack Obama and Republicans clashed frequently on Thursday at a summit on his stalled healthcare overhaul, battling over the size and cost of the proposal and moving no closer to a compromise agreement.
President Barack Obama has given Democrats and Republicans up to six weeks deliver a health care reform bill for his signature, before considering more aggressive measures, possibly reconciliation.
The stock market ended down on Thursday as market participants were reminded of two key issues that hinder the global economic recovery.
Toyota Motor Corp's output in North America in the February-April period will likely fall short of its original target by 20 percent, as a result of massive vehicle recalls depressing sales, the Nikkei business daily reported.
The Australian Dollar opens lower today at 0.8860. During the domestic session on Thursday the unit hit a high of 0.8950 after the announcement of a 5.5 per cent advance in local fourth quarter capital expenditure.
Stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
U.S. stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
Stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
Demand for a wide range of U.S. manufactured goods unexpectedly fell in January, while new applications for jobless benefits rose again last week, the latest data to suggest a step back in the economy's recovery.
U.S. regulators are probing how Wall Street firms like Goldman Sachs helped debt-stricken Greece arrange derivatives deals that critics say were used to disguise the size of its budget deficits.
