Industrial Production in U.S. Climbs More Than Forecast - Bloomberg

Industrial production in the U.S. climbed more than forecast in April, propelled by gains in auto manufacturing and utility use.
Output at factories, mines and […]

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Ford, GM report weaker April auto sales

General Motors and Ford reported weaker April sales, hurt by lower demand for compact and subcompact cars.
Chrysler, however, posted a 20-percent rise in sales. Its […]

Postal Service bill faces roadblocks

A Senate bill passed this week to rescue the indebted U.S. Postal Service is drawing fire from key agency officials and House Republican leaders.
And […]

Honda quarterly profit jumps on improved sales

Honda’s January-March profit jumped 61 percent as the Japanese automaker sold more cars and motorcycles in a turnaround from a disaster-battered 2011. It forecast record […]

Greenest states to own an electric car

When it comes to choosing an environmentally friendly car, where you live may be as important as what you drive.
That’s the message of […]

Fallen China politician’s son defends himself

The son of fallen Chinese politician Bo Xilai is defending himself in an extraordinary letter to Harvard University where he is a graduate student.
Bo Guagua […]

Sprint hit with $300 million tax fraud lawsuit

New York’s attorney general filed a tax fraud lawsuit against Sprint Nextel on Thursday, accusing the wireless carrier of intentionally underpaying sales tax in […]

Nigeria: pirates kill 2 on cargo ship attack

A piracy monitoring official says pirates off Nigeria’s coast have attacked a cargo ship and shot dead its captain and chief engineer.
Cyrus Mody of the […]

Spain approves crucial labor market reforms

Spain’s new conservative government approved sweeping labor market reforms on Friday as part of a drive to retool a sick economy and solve Europe’s worst […]