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A federal judge overseeing lawsuits against Toyota Motor Corp. for sudden acceleration problems is considering ways to prevent leaks of the source code the carmaker calls the “crown jewel” of its intellectual property.
U.S. District Judge James B. Selna said Friday that the automaker can monitor plaintiff experts’ access to its proprietary source code and they […]
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Ireland’s government prepared for a whopping defeat and the country for more uncertainty as angry voters turned out Friday for a historic election triggered by the humiliating collapse of the “Celtic Tiger” economy.
The opposition Fine Gael party has enjoyed a wide lead during a campaign dominated by debate over how to rebuild an economy brought […]
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Sales of U.S. previously owned homes unexpectedly climbed in January to the highest level in eight months as investors used all-cash transactions to snap up distressed properties.
Purchases increased 2.7 percent to a 5.36 million annual rate, figures from the National Association of Realtors showed today in Washington. The share represented by foreclosures and short […]
Stocks fell sharply Tuesday and oil prices spiked as investors became worried about increasingly violent protests in Libya.
Oil prices rose 6 percent to $95 a barrel after the uprising threatened the country’s oil production. Libya is the world’s 18th largest oil producer, accounting for 2 percent of global daily output. It also sits atop the […]
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Nearly 50 percent of respondents of a newspaper poll are calling for the resignation of Japanese Prime Minister Naoto Kan.
In the new survey by the Asahi daily, 49 percent of respondents say Kan should step down immediately.
Kan, Japan’s fifth leader in less than four years, took office last June. Public support for his Cabinet has […]
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Finance chiefs of the world’s dominant economies on Saturday pressured China to drop its resistance to a deal on tracking dangerous imbalances in the global economy, in an effort to revive the Group of 20 rich and developing nations as the forum to prevent further financial crises.
“I have the impression that China is aware of […]
Stocks reversed earlier losses and edged higher in afternoon trading Thursday, as investors weighed an unexpected jump in jobless claims against a strong manufacturing report.
The Labor Department said Thursday that the number of people filing for unemployment benefits rose 25,000 from the previous week. That was more than economists expected.
The Federal Reserve Bank of Philadelphia […]
Shoppers pushed retail sales up for a seventh straight month although the increase was the weakest showing since June.
The Commerce Department says retail sales rose 0.3 percent last month, with demand rising at department stores, electronic stores and auto dealerships.
The increase was just half of what economists had expected. Still, it came in a month […]
Support for Japan’s prime minister fell sharply in a public opinion poll released Saturday, as a growing number of voters question his government’s ability to lead the country through numerous pressing problems.
Only 19.9 percent of respondents to the poll by Kyodo News agency said they approved of Naoto Kan’s administration, a plunge of about 12 […]