IBT Staff Reporter

The $3.2 billion merger between United Airlines and Continental Airlines, which creates the world's biggest carrier, could deal a big blow to rival carriers like American Airlines and US Airways as they would find it difficult to match its scale of operation.

Japan's jobless rate fell in August and the availability of jobs improved slightly, indicating companies are cautiously increasing payrolls.

BMW is voluntarily recalling 350,000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents.

General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the fourth quarter.

Top automakers finally have electric cars ready to purr into dealer showrooms. Now the question is whether the charging infrastructure and electricity supply are up to the task.

Europe's luxury carmakers fear no double-dip thanks to a fresh supply of wealthy customers in emerging markets who have just earned enough money to buy their first Mercedes-Benz or Ferrari.

Fallout over GMAC Mortgage's foreclosure practices deepened on Tuesday as Ohio's top law enforcement official asked courts in that state to review all foreclosure cases involving the Ally Financial Inc unit.

U.S. mortgage-backed securities issuance jumped in the first nine months of 2010 from the same period a year earlier as credit markets loosened up and investors' risk appetite improved

Automakers would have to achieve sharply higher fuel economy -- between 47 and 62 miles per gallon -- by 2025 under a preliminary plan released by the Obama administration

The initial public offering of U.S. automaker Chrysler is expected in the second half of 2011 and it will be in more than one tranche.

Fisker Automotive has begun to put the pieces in place for an eventual IPO and expects to begin delivering its plug-in hybrid Karma luxury sport coupes to customers in March

Researchers have found a surprisingly quick and apparently safe way to transform ordinary skin cells into both stem cells -- the body's master cells -- and muscle cells.

Coffee and tea lovers may have a decreased likelihood of developing the most common form of malignant brain tumor in adults, a new study suggests.

Already battered by a wave of product recalls, Johnson & Johnson acknowledged on Thursday it had misled consumers and U.S. regulators as it quietly removed its Motrin painkiller from the market.

Couples who have frozen embryos left over after undergoing in-vitro fertilization (IVF) are more likely to donate them to other infertile couples if the embryos were conceived with a donated egg, new research shows.

Fisher-Price, a unit of toymaker Mattel Inc, on Thursday said it will recall about 10 million toys and other items in the United States and Canada due to the potential for serious injuries.

The U.S. healthcare reform law will worsen a shortage of physicians as millions of newly insured patients seek care, the Association of American Medical Colleges said on Thursday.

New depression treatments favor a tailored approach and include recommendations for the use of shock therapy and other alternatives, including exercise when people fail to get relief from drugs.

Online job postings in Canada registered their biggest gain in three years in August, according to the Conference Board of Canada help-wanted index released on Thursday, reflecting more hiring as the recovery advances.

Steep competition, long hours, and demanding schedules land the job of a real estate agent on this year's list of most stressful jobs.

Most people who have made the decision to change their careers face the same problem: How can I get hired when I don't have relevant experience?

Top carmakers let cautious optimism creep into their outlooks at the Paris Auto Show on Thursday, pinning hopes on emerging markets to dispel dark clouds over major western economies.

Electric carmaker Tesla Motors will serve as a key supplier to Toyota Motor Corp under its agreement with the Japanese automaker to build an electric Rav4 SUV

An outcry over questionable foreclosures by GMAC Mortgage and other lenders is likely to hit some states more than others because of major differences in real estate law across the nation.

If you work in real estate, you undoubtedly do the following tasks all of the time, but did you know that you could be putting yourself in danger?

Newly opened on Melrose Place in LA and already causing a frisson in the design world: The Melrose Project, an antiques and art collaborative curated by mother/son team Kathleen Clements and Tommy Clements (see their rug designs at Woven Accents).

Italy's Fiat will close 2010 with a net profit, beating its break-even target, CEO Sergio Marchionne said, as the carmaker sees a brighter future after the industry crisis and prepares for possible tie-ups.

Volkswagen is slightly more optimistic on the global car market's outlook now and still expects to outperform the worldwide market, the German carmaker's sales chief Christian Klingler said.

Ford Motor Co could take its Lincoln brand to international markets within five years once it has re-established the long-neglected luxury label in the United States, Chief Executive Alan Mulally said.