Dec 13, 2013 by Mark BrooksToyota to Enter Settlement Negotiations Over Unintended AccelerationMany of the hundreds of cases filed nationwide have been consolidated in courts in California.
Dec 12, 2013 by Mark BrooksU.S. Cars and Trucks Notch Record Gas Mileage in 2012The EPA is estimating that the average mileage of 2013 cars will rise another 0.4 mpg to 24.
Dec 12, 2013 by Mark BrooksExxon: World Energy Demand to Grow 35% by 2040Use of coal is predicted to flatten in the next decades and slip to third place as countries shift to cleaner natural gas
Dec 12, 2013 by Mark BrooksIdentity Theft = $24.7 Billion in Financial Losses Last YearThe government says 1 out of every 14 Americans age 16 or older was a target or a victim of identity theft.
Dec 12, 2013 by Mark BrooksScorpio Bulkers Boosts IPO Shares, PriceScorpio said it plans to use all of the offering's net proceeds to fund the construction of new ships.
Dec 12, 2013 by Mark BrooksAirlines Forecast Record Profits, Dropping MarginsTony Tyler, director-general and CEO of IATA, said that the profit would amount to a little less than $6 per passenger.
Dec 11, 2013 by Mark BrooksHilton IPO Brings in $2.35 Billion, Topping Twitter'sThe hotelier, which went private in 2007, says its initial public offering priced Wednesday at $20 per share.
Dec 11, 2013 by Mark BrooksQ&A: How Volcker Rule Would Limit Banks' Risky BetsThe rule won't take effect for the biggest banks until mid-2015 and not until 2016 for big banks below the top tier.
Dec 11, 2013 by Mark BrooksU.S. Runs $135.2 Billion Budget Deficit in NovemberHigher tax rates and a better economy have boosted revenue.
Dec 11, 2013 by Mark BrooksCanada's Postal Service Phasing Out Some Home Delivery The postal service has faced intense competition from couriers, as well as technology that has led to a growing popularity of consumers paying their bills and communicating online.
Dec 11, 2013 by Mark BrooksA Look at the Congressional Budget Agreement It would ease the across-the-board "sequester" spending cuts by $63 billion over two years, split between defense and domestic programs.
Dec 11, 2013 by Mark BrooksDelta CEO: Fliers, Not Airline, Would Pay Increased Security FeeCongress is debating a budget that would add $5 to each nonstop, round-trip ticket.
Dec 11, 2013 by Mark BrooksCzech Brewer Gets Budweiser Tademark in PortugalAB InBev has an option to appeal but has not yet said if it plans to do so.
Dec 11, 2013 by Mark BrooksObamacare Enrollments Pick Up the PaceAdministration had set goal of signing up 7 million people by the end of open enrollment season March 31. HHS health reform director Mike Hash says they're still "on track" to meet it.
Dec 11, 2013 by Mark BrooksGM to Stop Making Vehicles in Australia by 2017The decision could spell the end of car manufacturing in Australia.
Dec 10, 2013 by Mark BrooksChina November Auto Sales up 16%Nissan Motor Co., the biggest Japanese auto brand in China, said sales rose 95.7% to 131,800.
Dec 10, 2013 by Mark BrooksGlaxoSmithKline to Pay Utah $8.5 Million to Settle Avandia CaseThe Utah AG alleged GlaxoSmithKline marketed Avandia nationwide as a "wonder drug" offering a "significant advance" in diabetes treatment, despite evidence it increases the risk of heart attacks for certain users.
Dec 10, 2013 by Mark BrooksConocoPhillips Budgets $1.7 Billion for Alaska WorkTax cut has improved the likelihood of projects ConocoPhillips added to its list.
Dec 10, 2013 by Mark BrooksRegulators OK Volcker Rule to Reduce Bank RiskThe largest U.S. banks -- those with $50 billion or more in assets -- will be required to fully comply with the terms of the rule by July 2015.
Dec 9, 2013 by Mark BrooksNatural Gas Soars on Cold Weather; Oil Falls SlightlyU.S. drivers paid an average of $3.26 a gallon for gasoline, down $0.09 from this time a year ago.