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February 9

Stocks climb on hopes for Greece debt assistance

NEW YORK (AP) — The Dow Jones industrial average climbed back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.

February 9

State Farm says it warned NHTSA on Toyota in 2007

WASHINGTON (AP) — The nation's largest auto insurer said Tuesday it alerted federal safety regulators in late 2007 about a rise in reports of unexpected acceleration in Toyota vehicles, the latest warning sign to emerge about the massive recall.
Toyota recalls Priuses

Survey: Toyota still in a fix

DETROIT — Consumers say they have heard more negative news about Toyota in recent days than they heard about General Motors and Chrysler during their bankruptcies last spring, according to BrandIndex, a consumer survey that tracks perceptions of hundreds of companies.

Auto recalls put spotlight on electronics

NEW YORK — Your most expensive piece of electronics probably is not your flat panel TV or your computer. More likely, it’s your car, which can pack 50 microprocessors to control everything from the fuel mix to the rearview mirrors.

CVS Caremark 4th-Q profit up 11%

NEW YORK — CVS Caremark Corp., one of the nation’s biggest drugstore operators, said Monday its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business.

Associated Press

Honda adds 437,000 cars to global air bag recall - 02/10/2010

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. The company will replace the driver's side air bag inflator in the cars because they can deploy with too much pressure, causing the inflator to rupture and injure or kill the driver

Toyota starts fixing Priuses recalled in Japan - 02/10/2010

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. Some 400,000 Prius vehicles globally, about half of them in Japan w

Oil drops to near $73 amid jump in US supplies - 02/10/2010

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. Benchmark crude for March delivery was down 53 cents at $73.22 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exch

Calif. seeks full divestment of insurers from Iran - 02/10/2010

California's insurance regulator plans to take steps Wednesday to pressure insurance companies into ending any financial relationship they have with Iran. A state law that took effect last year outlaws direct investments in Iran by California-based companies. An insurance department review released in December found no such investment