Peyton Manning to remain endorsement star
Peyton Manning’s career with the Indianapolis Colts has come to an end, but his career as one of the nation’s leading product endorsers should continue undisturbed.
Toyota recalling 680,000 vehicles
Toyota Motors is recalling about 680,000 vehicles in the United States in two separate recalls. One recall involves airbags in pickups, the other is for faulty brake lights in sedans and crossovers.
American Airlines retreats on plan to dump pensions
American Airlines retreated Wednesday on its proposal to terminate its workers’ pension plans and dump them on a federal agency as part of its bankruptcy reorganization.
A $36 million payday for Ford’s Mulally
Ford Motor CEO Alan Mulally this week received company stock worth $36.3 million after taxes, according to company filings.
Stocks rebound after worst loss of 2012
U.S. stocks closed higher Wednesday, a day after the biggest one-day sell-off of 2012, as investors were heartened by the latest economic reports.
Dim sum bonds sprout in Dubai
Forget hummus. The Middle East is now serving dim sum…bonds.
Apple’s new iPad to hit stores March 16
Apple on Wednesday unveiled a new iPad, the third iteration of its best-selling tablet. The gadget will land in stores on March 16, with its entry-level price remaining the same as the current model: $499 for a version with 16 GB of storage.
Obama makes alternative-fuel vehicle push
President Obama outlined new plans Wednesday to support the sales and use of alternative-fuel vehicles — including cars and trucks that run on hydrogen and natural gas instead of just those that run on electricity.
Pandora’s popularity is a double-edged sword
The more music Pandora streams for its burgeoning audience, the more it has to pay in royalties. And unless it can draw in more advertising sales to pay for those fees, the Internet radio site will continue to take a hit on its bottom line.
IRS offers relief to unemployed taxpayers
The IRS is offering some relief to taxpayers struggling to pay their taxes due to unemployment or a significant loss of income.
