CALIFORNIA

Toyota Motor Corp will cut its global production capacity to match lower sales, a company source with direct knowledge of the matter said on Wednesday, with potential annual cuts of at least 700,000 vehicles identified.

A federal judge ordered Bank of America to explain why it agreed to pay $33 million to settle a U.S. Securities and Exchange Commission lawsuit if it believed it properly disclosed bonuses it authorized for Merrill Lynch & Co employees.

Autodealer Cliff Johnson sold 70 vehicles under the government's cash-for-clunkers program, which offered rebates of up to $4,500 to trade in older gas guzzlers.

Larger-than-expected improvements in U.S. housing prices and consumer confidence on Tuesday lent new weight to signs the economy is emerging from the longest and deepest recession since the 1930s.

Sales of tenant-in-common interests have plummeted, but don't count the securitized real estate industry out just yet.

A new reality television show about the life of actor and martial arts expert Steven Seagal became the subject of a federal lawsuit filed on Monday in a dispute over who thought up the idea for the show.

Americans swamped auto dealerships on Monday during the final hours of the government's popular cash-for-clunkers program, which offered rebates of up to $4,500 to trade in older gas guzzlers.

Americans swamped auto dealerships on Monday during the final hours of the government's popular cash-for-clunkers program, which offered rebates of up to $4,500 to trade in older gas guzzlers.

Fresh details of large-scale cyber attacks against data processor Heartland Payment Systems Inc and supermarket chain Hannaford Brothers show the challenges facing the efforts of the U.S. credit-card industry to upgrade security measures.

Fresh details of large-scale cyber attacks against data processor Heartland Payment Systems Inc and supermarket chain Hannaford Brothers show the challenges facing the efforts of the U.S. credit-card industry to upgrade security measures.

Ryan Jenkins, a Megan Wants A Millionaire contestant wanted for the murder of his former playboy wife in California has been found dead in a motel near Vancouver, Canadian police said on Sunday.

Harvard University's new endowment chief may sell off some holdings in hedge funds and other outside money managers and bring more money under the control of the school's own managers.

A reality TV star wanted for the brutal murder of his bikini model ex-wife in California has been found dead in a motel near Vancouver, Canadian police said on Sunday.

Yes, you want to have a great screenplay and a talented director, but no project ever gets made until a star's attached.

U.S. Federal Reserve Vice Chairman Donald Kohn said on Saturday there is no inconsistency between the Fed's pledge to keep interest rates low for an extended period while also keeping inflation low.

A judge on Friday ruled that an advocacy group for child actors can seek to have a guardian appointed to oversee the financial interests for the octuplets of Nadya Suleman, dubbed

U.S. policy-makers should think twice before pursuing a second economic stimulus package given recent indications of recovery, two top economists said on Saturday.

The U.S. Federal Reserve's stated intention to keep interest rates exceptionally low for an extended period may conflict with its desire to avoid inflation, an academic economist told central bankers on Saturday.

AT&T Inc, the exclusive carrier for the iPhone, said on Friday it played no role in a decision by Apple Inc to reject Google Inc's voice application on the handset.

A federal appeals court in New York ruled that a Yahoo Inc Internet radio service is not required to pay fees to copyright holders of songs it plays, a defeat for Sony Corp's BMG Music.

Michael Jackson's burial has been postponed until September 3 from August 29, family representatives said on Friday, without giving a reason for the date change.