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A leading member of the European Parliament wants the 27-member bloc to be more forceful when negotiating with China on investment access

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EU Takes Tough Stance Against China

Toyota yesterday instructed 3.8 million vehicle owners to take the floor mats out of their cars, trucks and SUVs.

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Toyota’s ‘Sudden Acceleration’ Fears

Toyota yesterday instructed 3.8 million vehicle owners to take the floor mats out of their cars, trucks and SUVs.

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Toyota "Recall" Will End Up Being a Positive For Brand

Toyota issued a recall, instructing 3.8 million vehicle owners to take the floor mats out of their cars, trucks and SUVs.

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Toyota Recall Will End Up Being a Positive For Brand

WASHINGTON (Reuters) – The number of home foreclosures in process and delinquent mortgages rose during the second quarter, while home retention actions also increased, U.S. bank regulators said on Wednesday.

Source:
U.S. Q2 home foreclosures, mortgage delinquencies up

MOBILE, Alabama (Reuters) – Business activity in the U.S. Midwest failed to return to growth in September as expected, and instead got slammed by a decline in production and new orders, a report showed on Wednesday.

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U.S. Midwest business slips unexpectedly in Sept

CIT Group shares plunge Wednesday after report indicates danger of bankruptcy still looms

Credit:
CIT Group again on brink of bankruptcy

NEW YORK (Reuters) – U.S. stocks fell sharply on Wednesday as an unexpected fall in business activity in the U.S. Midwest sparked worries about the pace of economic recovery.

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Wall Street drops on surprise fall in Chicago PMI data

To maintain “social stability” during the 60th anniversary of the People’s Republic, China is working hard to limit access to the Internet

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China’s Online Censors Work Overtime

Facebook is the new king of social networking. But the site is stuck with an old business model that prevents it from cashing in on the increasing affluence of its users and the monopoly it has over their attention. Simply put, Facebook should charge.

Facebook Users Can Afford to Pay

WASHINGTON (Reuters) – A congressional panel will expand its examination of credit rating agencies to look at why U.S. securities regulators ignored warnings from former Moody’s Corp executives about the company’s weak compliance department and ratings process.

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Congress to probe Moody’s, U.S. SEC transgressions

LONDON (Reuters) – Kraft Foods Inc has until November 9 to make an offer for British confectioner Cadbury Plc or must walk away for six months, Britain’s Takeover Panel said on Wednesday.

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UK panel sets Kraft November 9 deadline for Cadbury bid

What Wall Street analysts are saying about selected stocks in the news Wednesday

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Analyst Picks and Pans: Nike, Jabil, American Superconductor

The Chicago purchasing managers’ index unexpectedly fell below 50 in September, raising worries about the manufacturing recovery

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Stocks Fall on Drop in Manufacturing Gauge

Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again. More than 50 percent of homeowners with loans modified in the first half of last year had missed at…

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Homeowners in financial trouble often redefault