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British Airways is launching its pricey new business class service between London and New York. The first flight takes off at 12:50 p.m. Tuesday from London City airport, which was chosen because it is close to the financial district. Return fares start at…

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British Airways launches luxury London-NY flights

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Special Report: Battle Over Health Care

First numbered bank accounts and now Roman Polanski. Switzerland is no longer a place for foreign fugitives and tax evaders to live above the law. Polanski’s arrest for extradition to the United States in a 31-year-old statutory rape case was just the latest…

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Swiss choose law over neutrality, arrest Polanski

Toyota Motor Corp. said Tuesday it will recall 3.8 million vehicles in the United States, the company’s largest-ever U.S. recall, to address problems with a removable floor mat that could cause accelerators to get stuck and lead to a crash. The recall will…

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Toyota to recall 3.8M vehicles over floor mats

The Canadian province of Ontario has become the latest jurisdiction to launch a lawsuit to recover smoking-related health costs from the tobacco industry. The suit seeks $50 billion Canadian (US$46 billion) from a dozen Canadian firms and their parent…

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Ontario files suit against tobacco

The Hartford Financial Services Group Inc. on Tuesday named Liam E. McGee, a former Bank of America executive, as its new chairman and CEO. The appointment is effective Oct. 1. The 55-year-old McGee succeeds Ramani Ayer, who announced his plans to retire as…

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Hartford names new chairman, CEO

Orexigen Therapeutics Inc. said it will report results from a midstage study of its obesity drug candidate Empatic on Wednesday morning. Orexigen plans to hold a conference call to discuss the results at 8:30 a.m. EDT, following its announcement. The company…

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Orexigen to report obesity drug data Wednesday

The Bill Clinton-endorsed startup, offering financial advice for the rest of us, could get a boost as HR departments look for low-cost ways to serve employees’ need for unbiased guidance

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Will HelloWallet Transform Online Financial Advice?

DETROIT/WASHINGTON (Reuters) – Toyota Motor Corp said on Tuesday it will recall some 3.8 million vehicles because of the risk that a loose floormat could force down the accelerator, a problem suspected of causing crashes that killed five people.

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Toyota plans huge U.S. recall for dangerous floormats

Darden Restaurants Inc., owner of the Olive Garden and Red Lobster chains, said Tuesday that its first-quarter profit rose 15 percent even as sales fell because food costs were lower than expected. The company also lowered the bottom end of the range of what…

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Darden 1Q profit rises 15 pct even as sales fall

Boston Scientific Corp. said Tuesday it will pay Johnson & Johnson $716.3 million to settle 14 patent infringement lawsuits related to the use of stents in treating heart disease. Boston Scientific, of Natick, Mass., will pay Johnson & Johnson’s subsidiary…

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Boston Scientific will pay J&J $716M in stent suit

SAN FRANCISCO (Reuters) – Nike Inc reported a stronger-than-expected quarterly profit as cost cutting and a lower tax rate more than offset revenue declines, sending its shares up 4.2 percent.

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Nike beats on cost cuts, shares rise

DETROIT (Reuters) – Toyota Motor Corp said on Tuesday it will recall some 3.8 million vehicles — including its popular Prius hybrid — because of the risk a floormat could keep the accelerator pedal forced down, a problem suspected in a recent fatal crash.

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Toyota plans massive recall for dangerous floormats

Nike Inc. said Tuesday that as consumers around the globe limited their spending its first-quarter profit was nearly unchanged from a year ago, but it beat expectations. The world’s largest athletic shoe and apparel company reported that it earned $513…

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Nike’s 1Q profit nearly unchanged

The defense division of Oshkosh Corp. has signed a roughly $800 million deal with the Pentagon to deliver nearly 2,500 new and rebuilt military vehicles. Oshkosh Defense said Tuesday it will provide more than 1,450 new trucks and trailers. It will also…

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Oshkosh Corp. gets $801M military order for trucks