Toyota Motor Corp's safety recalls will hurt U.S. dealer sales in the first quarter but payments from Toyota for the repairs will offset any dealer losses over the rest of the year, two major U.S. auto dealership groups said on Thursday.
The euro fell against the dollar on Thursday as investors were disappointed with the lack of details regarding a European Union deal to support heavily-indebted Greece. The euro zone currency also dropped against the yen and sterling after European leaders sought to prop up Greece with words of support at a summit on Thursday, but failed to make concrete pledges, describing the promise of support as a political statement.
Top U.S. executives say their companies are moving out of the defensive position they adopted during the recent worldwide downturn and are aggressively planning to grow, according to the latest semiannual survey by the Business Council.
The U.S. trade deficit widened unexpectedly in December to $40.2 billion, fueled by the highest oil prices and oil imports since October 2008, the Commerce Department said on Wednesday.
The space shuttle Endeavour and its six astronauts arrived at the International Space Station on Tuesday, carrying the station's last two main components.
Stocks rose broadly on Tuesday with Caterpillar Inc and other industrial shares benefiting from a broker upgrade and talk of help for debt-burdened Greece reviving investor sentiment.
The space shuttle Endeavour bolted off its seaside launch pad in Florida on Monday, carrying six astronauts on a voyage to install the last two main pieces of the International Space Station.
The space shuttle Endeavour bolted off its seaside launch pad on Monday on a voyage to install the last two main pieces of the International Space Station
A U.S.-registered helicopter which was participating in Haitian aid efforts crashed in the Dominican Republic on Thursday night, killing two Americans on board, Haitian aviation authorities said on Friday.
Social networking company FriendFinder Networks Inc indefinitely shelved its planned $220 million initial public offering on Friday, citing market conditions.
The palm-fringed Art Deco hotels and glitzy Ocean Drive familiar from the movies and fashion magazines are actually across Biscayne Bay on the island of Miami Beach, so stay at a hotel in the South Beach neighborhood where a lot of the fun is an easy walk away.
A man was killed in a rare shark attack Wednesday afternoon in the south of Stuart Beach, in Florida authorities said.
President Barack Obama participated in a YouTube interview at 1:45 p.m. on Monday to answer questions submitted by YouTube users during and after the State of the Union.
Linebacker Jordan Hicks of Lakota West High School in West Chester, Ohio who is one of the elite recruits in the U.S., announced Friday afternoon that he chose the scholarship offered by Texas.
President Barack Obama vowed on Thursday he would not rest until U.S. businesses were hiring again, as he took his recast agenda on the road and sought to dig out of his deepest political rut since taking office.
NASA is set to receive a $6 billion fund injection over the next five years in a bid for ocompanies to develop rockets capable of taking astronauts to the International Space Station.
California and Florida high-speed rail projects were the biggest beneficiaries of more than $8 billion dollars in federal grants announced on Thursday.
At a time when India's steel industry is slowly rising prices, its counterparts in the US are struggling to do the same as the production costs have gone up. But, the US steel industry is very skeptical about the prices rise as the demand for steel is yet to pick up properly in the country. Even as India and China are witnessing a major surge in demand for steel, the US industry is still slowly picking up pace.
U.S. lawmakers on Wednesday challenged Treasury Secretary Timothy Geithner's credibility after he said he was not involved with AIG's decision to withhold details on $62 billion the bailed-out insurer paid to banks.
The Swiss government said it was sure it could resolve a legal impasse threatening a deal struck by the U.S. and bank UBS to hand over data on clients the U.S. suspects of dodging taxes.
President Barack Obama and Vice President Joe Biden will announce $8 billion in stimulus funds for the construction of high-speed rails across the country, Tampa Congresswoman Kathy Castor confirmed in a press release today.
Twitter has temporarily disabled one of the features on its website after a security researcher warned of a programing flaw that left the login credentials of its users vulnerable to hackers.
