IBT Staff Reporter

Infiniti, the luxury brand of Japan's Nissan Motor Co Ltd, will hold talks with Daimler about sharing an existing Daimler car platform and its engines.

U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.

September auto sales are on track to top August levels by a small margin after a boost from end-summer sales events even as economic uncertainty crimps a fuller recovery for the industry.

Enrollment in Medicaid, the healthcare program for the poor, showed the sharpest annual rise last year since the late 1960s, a report said on Thursday, blaming the effects of the recession.

Nearly one in every four U.S. homes sold in the second quarter was a deeply discounted foreclosed house, putting the market on pace to work through distressed properties in about three years.

British scientists have found the first direct evidence attention deficit/hyperactivity disorder (ADHD) is a genetic disorder and say their research could eventually lead to better treatments for the condition.

Scientists in China and Hong Kong are designing a gel containing an experimental drug which they hope can reduce HIV infections in women.

Japanese automaker Toyota Motor Corp's European business will achieve 800,000 vehicle sales in the region this year and will sell more cars next year even if the market dips slightly, the unit's president said.

The U.S. Congress on Thursday voted to extend higher loan limits for government-backed mortgages, a move that should help keep borrowing costs low and support the shaky housing sector.

Sixty years ago, a woman had just a 25 percent chance of living 10 years if she got a breast cancer diagnosis. Now the survival rate is more than 75 percent, U.S. doctors reported on Wednesday.

Researchers have found a gene that may explain why coffee may lower the risk of Parkinson's disease for some people, and that might explain why some experimental drugs do not appear to be working.

The numbers were so bad that Dr. Stephen Hoffman did not even want to say them out loud.

The United States National Institutes of Health said on Thursday it will share intellectual property rights on some AIDS drugs in a patent pool designed to make treatments more widely available to the poor.

Sleep positioners marketed with the promise of helping babies sleep safely are too dangerous to use and should not be sold, U.S. officials warned on Wednesday.

Carmakers gathering in Paris this week will show off the cars they hope will win them access to booming emerging markets like China, while industry watchers seek clues on how the recovery is progressing closer to home.

French carmaker PSA Peugeot Citroen and U.S. counterpart Ford on Wednesday said they would develop a range of diesel engines to comply with new EU regulations, strengthening their existing partnership.

Chinese car and battery maker BYD Co Ltd has discussed the possibility of billionaire investor Warren Buffett raising his 10 percent stake, local media reported on Wednesday, boosting its shares.

Loss-making Swedish carmaker Saab is to use BMW engines in a move by Dutch owner Spyker to help boost its recovery and appeal.

As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan unveiled on Tuesday by a Democratic lawmaker.

U.S. mortgage applications fell for a fourth straight week, reflecting the inability of many homeowners to take advantage of record low interest rates, data from an industry group showed on Wednesday.

Fannie Mae, the largest provider of funding for U.S. home mortgages, on Wednesday said its mortgage investment portfolio shrank in August, while delinquencies on loans it guarantees slowed significantly in the month prior.

U.S. chief executive officers' view of the economy darkened in the third quarter, with top executives saying they were less willing to hire new workers as they fear sales growth will slow.

Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.

J.M. Smucker Co, the maker of Jif peanut butter and Folgers coffee, said it would shut down two of its facilities in Ontario, cutting about 150 jobs, as it continues efforts to control costs and improve profit.

A U.S. appeals court on Tuesday allowed federal funding for human embryonic stem cell research to continue pending a full appeal, lifting an injunction issued by a federal judge who had said the Obama administration's policy violated the law.

A record 1.2 million people in low and middle income countries started antiretroviral therapy for HIV/AIDs in 2009, the World Health Organization said on Tuesday, but targets set for 2010 are unlikely to be met.

Johnson & Johnson's massive recall of popular medicines, including a stealthy recall of some Motrin packages, has eroded the company's reputation and put pressure on chief executive Bill Weldon who appears before a congressional committee on Thursday.

Severely obese people who undergo weight-loss surgery may have a higher-than-average risk of suicide in the years following the procedure, a new study finds.

U.S. researchers have discovered specific changes in the blood of patients with two deadly cancers that may allow doctors to diagnose them at an earlier stage.