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Business News

Toyota recalls 437,000 Prius, hybrids globally (AP)

In this June 5, 2009 photo, workers give the final check on newly assembled new 2010 Prius hybrid vehicles at Toyota Tsutsumi Plant in Toyota, central Japan. Toyota Motor Corp. is recalling nearly 200,000 of its signature Prius green cars in Japan for braking problems, the latest in a string of embarrassing safety lapses at the world's largest automaker. Toyota president Akio Toyoda will hold a news conference at the automaker's Tokyo office later Tuesday, Feb. 9, 2010 to outline details of the braking problem, including plans for a possible recall in the U.S., a company official told The Associated Press. (AP Photo/Shizuo Kambayashi)AP - Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world's largest automaker.


Asian stocks mixed after Wall Street decline (AP)

A man walks past a screen showing falling stocks at the Athens Stock Exchange, in red, in Greece on Monday, Feb. 8, 2010. Stocks traded mixed Monday as investors remained wary about the strength of the economic recovery and mounting debt in Europe. (AP Photo/Petros Giannakouris)AP - Asian stocks were mixed Tuesday following Wall Street's decline on lingering worries about high European debt levels.


Oil below $72 in Asia amid economy doubts (AP)

FILE - In this Jan. 5, 2010 file photo, Jason Kilpatrick of Wholesale Fuel hauls a hose across a snow covered yard while delivering home heating oil in Framingham, Mass. Natural gas prices climbed Monday, Feb. 8 as another winter storm was expected to dump even more snow on the East Coast. (AP Photo/Charles Krupa, File)AP - Oil prices lingered below $72 a barrel Tuesday in Asia as investors remained uncertain about the strength of global economic growth and demand for crude.


Dow closes below 10,000 for first time in 3 months (AP)

FILE - In this March 17, 2009 file photo, the trading floor of the New York Stock Exchange is seen. The Dow Jones industrial average closed below 10,000 for the first time in three months Monday, Feb. 8, 2010, on nagging concerns about debt loads in Europe. (AP Photo/Mark Lennihan, File)AP - The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.


Iowa AG files charges over film tax credits (AP) AP - Two filmmakers, their companies and the former manager of the Iowa Film Office were accused Monday of mishandling tax incentives designed to lure moviemakers to the state.