The Audi sudden-acceleration scare of the 1980s helped set the template for the high-stakes auto-safety scandal Toyota faces today.
New York City agreed to pay $657 million to over 10,000 workers who said World Trade Center rescue and cleanup efforts made them sick.
U.S. exporters are reporting serious delays as ship companies whose profits are under pressure idle vessels and reduce the frequency of service between the U.S. and Asia.
A federal judge released a scathing report on Lehman's collapse that raps executives, auditor Ernst & Young and banks for lapses that sparked bankruptcy.
Obama plans to nominate Janet Yellen as vice chairman of the Federal Reserve Board.
Farallon Capital is shrinking and reorganizing as the giant hedge-fund firm emerges from the rockiest period in its 24-year history.
The resolution comes after months of discussion with Kenneth Feinberg. And GMAC's chief may not get any 2010 compensation.
Disney Studios, looking to evolve in a changing consumer environment, is moving away from small comedies and sticking with known characters like Marvel heroes.
Google could stop censoring its Web-search results in China within weeks, said people familiar with the matter, but the company isn't likely to withdraw from the country entirely.
A senior Chinese central banker hit back at comments by U.S. President Obama that China should move to a more market-oriented exchange rate, saying countries shouldn't rely on others to fix their own problems.
To expand its international trading presence, company booked storage in Singapore and the Mediterranean Sea.
U.S. household debt fell 1.7% last year, its first annual drop since records began in 1945, amid defaults that could clear the ground for a stronger recovery.
The White House's yearlong effort to rewrite financial regulations risked running aground after Sen. Dodd broke off bipartisan negotiations and announced plans to push ahead without GOP support.
Increasingly turbulent labor negotiations are threatening to knock U.S. airlines off their recovery path just as the battered industry starts to emerge from a stiff recession.
Caterpillar is considering relocating some heavy-equipment overseas production to a new U.S. plant, part of a growing movement among manufacturers to bring more operations back home.
The New York bank was shut by regulators, making it the first to go down in the nation's financial capital since the start of the recent crisis.
HSBC said a former employee stole data on about 24,000 accounts in its Swiss private bank that wound up in the hands of French authorities.
Back & Decker has landed in trouble with the NYSE over how its board determined the independence of a director who owns a real estate development with the tool maker's CEO.
Britain's High Court has ordered record company EMI to stop selling downloads of Pink Floyd tracks individually rather than as part of the band's original albums.
Stocks added modest gains as bullish comments from Citigroup's CEO boosted the financial sector. Trading in Citigroup represented more than one-fifth of the market's overall volume.
The U.S. energy giant known for its heady profits is forecasting its energy output will begin to expand, but the new production comes at the risk of lower profit margins.
The British oil giant agreed to acquire a big swath of oil assets from Devon Energy for $7 billion, in a deal that will vault BP into the hot new oil region off the shores of Brazil.
Fannie Mae sold $6 billion of three-year notes in a benchmark issue, following a similar large-sized offering from Freddie Mac last week. The third government-sponsored enterprise, the Office of the Federal Home Loan Banks, is expected to follow next week.
Considered fusty in the boom years, Europe's biggest showcase of classic art is now the event of the season, with $4 billion worth of Gauguins, Botticellis and Roman statues.