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AP Top Business News At 8:37 p.m. EST
Toyota works Capitol Hill, airwaves, seeking to limit damage from acceleration, brake recalls WASHINGTON (AP) -- In public, Toyota is running apologetic TV ads and vowing to win back customers' trust. Behind the scenes, the besieged carmaker is trying to learn all it can about congressional investigations, maybe even steer them if it can....
Obama and Republicans talk bipartisanship, but most of the action is in the other direction WASHINGTON (AP) -- Partisanship is reaching new heights in Washington, even as President Barack Obama makes almost daily pleas to get along. He's scheduled a bipartisan health care summit, and just Tuesday he hosted GOP leaders at the White House for the first time in two months....
Obama, state regulator criticize Anthem Blue Cross plans to hike rates in California LOS ANGELES (AP) -- For the second time this week, President Barack Obama has pointed to one health insurer's major rate hike in California as a doomy harbinger of rising premiums across America....
Honda Motor to expand airbag inflation recall, says devices can deploy with too much pressure DETROIT (AP) -- Honda Motor Co. is adding more than 378,000 cars to an existing safety recall for air bag inflation problems, the company said Tuesday....
Senate Democrats pitch jobs package with tax cuts for businesses making new hires WASHINGTON (AP) -- Senate Democrats circulated a jobs bill Tuesday that's light on new initiatives on boosting hiring and heavy with provisions sought by lobbyists for business groups, doctors and the satellite broadcasting industry....
Consumer spending tepid as Disney posts 1st quarter profit that beats Wall Street forecasts 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....
Micron Technology says it will buy memory chip maker Numonyx in stock deal valued at $1.3B BOISE, Idaho (AP) -- Micron Technology says it plans to buy fellow memory chip maker Numonyx in an all-stock transaction the companies value at $1.27 billion....
Euro ties that bind: Pressured by world markets, EU nations appear close to rescuing Greece BRUSSELS (AP) -- Wealthy European nations were moving closer toward swallowing a bitter pill Tuesday: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street....
Stocks leap on hopes EU will help Greece with debt; Dow jumps 150, moves back above 10,000 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....
Target pulls Valentine's Day bear toys after California AG asks for recall over lead concerns OAKLAND, Calif. (AP) -- Target Corp. said Tuesday it was pulling its Valentine's Day "Message Bears" from store shelves after California's attorney general raised concerns that the toys have illegal levels of lead....
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