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AP Top Business News At 2:28 a.m. EST
Toyota starts fixing Priuses recalled in Japan TOKYO (AP) -- Prius owners in Japan are rushing to dealers Wednesday, a day after Toyota's president announced a global recall. Instead of screwdrivers and wrenches, what the mechanic is using to tackle the fix is a small laptop-like device that rewrites programming for the brakes....
China exports show trade recovery on track BEIJING (AP) -- China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track....
New report: Consumers spent modestly in January NEW YORK (AP) -- Americans backed off from holiday spending in January, but retail sales rose for a third month in a row compared with a year earlier, largely because of gas price hikes, according to figures released Wednesday by a key data service....
Asia stocks rise as Europe debt crisis fears ease BANGKOK (AP) -- Asian stock markets mostly rose Wednesday after Europe and Wall Street gained on hopes a government debt crisis in Europe can be quarantined to smaller economies....
Baidu posts jump in 4Q earnings as revenue climbs BEIJING (AP) -- Baidu Inc., which operates China's most popular Internet search engine, said its quarterly earnings jumped 48 percent, beating expectations on strong revenue growth....
Oil drops to near $73 amid jump in US supplies SINGAPORE (AP) -- Oil prices fell to near $73 a barrel Wednesday in Asia after a report showing unexpected growth in U.S. crude inventories cast more doubt on the recovery in the world's biggest economy....
Honda adds 437,000 cars to global air bag recall TOKYO (AP) -- Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese automaker....
Anthem asked to justify rate hike in California LOS ANGELES (AP) -- In his push to move stalled health care reform, President Barack Obama is appealing to American pocketbooks by calling one health insurer's major rate hike in California a harbinger of rising premiums....
Consumers tepid as Disney posts flat 1Q profit LOS ANGELES (AP) -- Consumers sent tepid signals to The Walt Disney Co. during the holiday quarter, as many of them still required discounts to step into theme parks and reduced spending on food, beverages and merchandise when they got there....
Stocks jump on hopes for Greece debt rescue NEW YORK (AP) -- The Dow Jones industrial average jumped back above 10,000 on hope that a resolution was near for Greece's debt crisis....
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