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Business

Obama: Chrysler loan repayment a ‘milestone’

JULIE PACE Associated Press -
LONDON (AP) -- President Barack Obama says Chrysler's repayment of the government loans that helped it emerge from bankruptcy is a "significant milestone" for...
Business

US hits more foreign firms with Iran sanctions

MATTHEW LEE Associated Press -
WASHINGTON (AP) -- The Obama administration on Tuesday hit seven foreign companies, including Venezuela' state-owned oil company and an Israeli shipping firm, with sanctions...
Business

Troubled home market creates generation of renters

Guest Contributor -
WASHINGTON (AP) -- A growing number of Americans can't afford a home or don't want to own one, a trend that's spawning a generation...
Business

Panasonic sees light after darkness of disaster

TOMOKO A. HOSAKA Associated Press -
TOKYO (AP) -- Panasonic Corp., which faces a tough road this year after Japan's earthquake, tsunami and nuclear crisis, believes it can turn disaster...
Business

AP Source: Apple nears music deal with labels

RYAN NAKASHIMA AP Business Writer -
LOS ANGELES (AP) -- Apple Inc. is close to securing deals with all four major recording companies on a music service that will allow...
Business

Smartphone app lets workers track wages

SAM HANANEL Associated Press -
WASHINGTON (AP) -- Workers who don't trust the boss to keep track of their wages can now do it themselves with a new smartphone...
Business

Toyota to set up social networking service

Guest Contributor -
TOKYO (AP) -- Toyota is setting up a social networking service with the help of a U.S. Internet company and Microsoft so drivers can...
Business

Explosion at China iPad factory shows supply risks

JOE McDONALD AP Business Writer -
BEIJING (AP) -- An explosion at one of two factories that make Apple's new iPad 2 highlights the risks of a global manufacturing strategy...
Business

AP-GfK Poll: Medicare doesn’t have to be cut

Guest Contributor -
WASHINGTON (AP) -- They're not buying it. Most Americans say they don't believe Medicare has to be cut to balance the federal budget, and...
Business

Sony to report $3.2 billion annual loss

Guest Contributor -
TOKYO (AP) -- Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the...
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