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Business News

Memo: Investigators can't replicate runaway Prius (AP)

FILE - In this Tuesday, March 9, 2010 file photo, driver James Sikes talks about his experiences in his Toyota Prius during a news conference held at Toyota of El Cajon in El Cajon, Calif. A law firm for the driver who says his Toyota Prius sped out of control in California doesn't plan to sue the Japanese automaker. (AP Photo/Denis Poroy, File)AP - Investigators with Toyota Motor Corp. and the federal government could not replicate the runaway speeding reported by a Prius owner who said his car's accelerator stuck as he drove on a California freeway, according to a memo for a congressional panel.


Dem House vote-counter lacks health care votes now (AP)

A nurse at the University of Miami hospital check on a patient while US President Barack Obama is seen on television talking about healthcare reform in 2009. Top aides to President Barack Obama confidently predicted Sunday that his signature healthcare overhaul would finally pass through Congress this week after a year of costly political wrangling.(AFP/Getty Images/File/Joe Raedle)AP - The House's chief Democratic headcounter said Sunday he hadn't rounded up enough votes to pass President Barack Obama's health care overhaul heading into a make-or-break week, even as the White House's top political adviser said he was "absolutely confident" in its prospects.


Fed may hint at how long rates will stay at lows (AP)

FILE - In this Feb. 25, 2010 file photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. Federal Reserve policymakers may signal at their meeting this week how and when the improving economy will lead them to start raising record-low interest rates. (AP Photo/Manuel Balce Ceneta, File)AP - Federal Reserve policymakers may signal at their meeting this week how and when the improving economy will lead them to start raising record-low interest rates.


China oil firm takes $3.1B stake in SAmerican firm (AP) AP - Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America.GOP's Ryan Dissects ObamaCare, Lays Out 'Roadmap' To Health (Investor's Business Daily) Investor's Business Daily - Rep. Paul Ryan, R-Wis., took the national stage last month as he cut down Democratic health care plans point by point. If the GOP should win back the House In November, Ryan will become chairman of the House Budget Committee. And he has lots of ideas. He recently updated his "Roadmap for America's Future" to address many issues, including the budget deficit, entitlement programs, the tax system and health care.