posted: 05/23/2015 2:09 a.m.
Three Japanese carmakers said Friday that they would recall more than 700,000 vehicles equipped with air bags made by the supplier Takata, citing the company's admission this week that its air bags contained potentially dangerous faults.
posted: 05/23/2015 2:07 a.m.
All-expenses-paid trips to reward top salespeople aren't unusual, but direct-marketing companies that are the Chinese versions of Amway, Avon and Herbalife are taking it to an extreme by sending thousands abroad on package tours.
posted: 05/23/2015 2:05 a.m.
Wal-Mart Stores Inc., the world's biggest retailer, pulled some goods-sourcing business from Li & Fung Ltd., raising concerns that the Hong Kong company may see other customers follow suit.
posted: 05/23/2015 2:03 a.m.
Japan needs a complete set of policies to boost growth and mend its finances that would avoid excessive dependence on a weak yen, the International Monetary Fund said.
posted: 05/23/2015 1:59 a.m.
Equity fund to buy Frisch's Big Boy chain CINCINNATI -- Frisch's Big Boy restaurants are being sold to a private equity fund, the company announced Friday, ending family ownership of the Cincinnati-based chain that dates to a 1939 drive-thru.
posted: 05/22/2015 1:57 a.m.
Lumber Liquidators' CEO quits abruptly Lumber Liquidators, under scrutiny for months as it faces accusations that it sold products with dangerous levels of formaldehyde, said Thursday that its chief executive had left the company.
updated: 05/21/2015 3:57 a.m.
Six of the world's biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to wind down almost half a decade of enforcement actions.
posted: 05/21/2015 2:25 a.m.
Japanese movie studio Toho Co. said Wednesday it is suing Voltage Pictures and a director in a lawsuit complaining that promotions of a forthcoming film infringe on its copyright to Godzilla.
posted: 05/21/2015 2:23 a.m.
There's a new player in the U.S. cable dating game.
updated: 05/20/2015 4:01 a.m.
Air-bag maker Takata Corp. gave in to U.S. regulators on Tuesday, agreeing to what will be the largest automotive recall in history as investigators continue to search for the root cause of a defect that has killed at least six people.
posted: 05/20/2015 2:06 a.m.
Oil slid to a three-week low as the dollar strengthened, and Goldman Sachs Group Inc. said a continuing surplus would send prices back down to $45 a barrel by October.
posted: 05/20/2015 1:59 a.m.
$25M in sanctions proposed for PayPal WASHINGTON — Federal regulators are proposing that PayPal Inc. pay $25 million to resolve allegations that it illegally signed up customers for its online credit product, used misleading advertising and mishandled billing disputes.
posted: 05/20/2015 1 a.m.
Chinese Premier Li Keqiang and Brazilian President Dilma Rousseff agreed Tuesday to embark on studies for a railway linking Brazil's Atlantic coast with a Pacific port in Peru, and announced billions in other investments and trade deals.
posted: 05/19/2015 1:58 a.m.
A partial court win Monday for Apple gives the U.S. tech company more leverage to seek an ultimate agreement with Samsung Electronics to end a fight over mobile phones that began under Steve Jobs, who said the South Korean company copied his designs.
posted: 05/19/2015 1:58 a.m.
China's battle against pollution is threatening the recovery of coal prices from the lowest level in almost nine years.