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The surge in U.S. economic growth in the fourth quarter depended on more than manufacturing and investment. Households also played their part.

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Consumers Also Played Role in Fourth-Quarter U.S. Growth Surge

TOKYO (Reuters) – Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.

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Toyota chief apologizes for huge recall

The euro recorded its biggest monthly drop in a year against the yen and fell versus the dollar as concern Greece won’t be able to meet its debt obligations spurred a retreat from riskier assets.

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Euro Posts Biggest Monthly Decline in Year on Greece’s Turmoil

The U.S. Defense Department is proposing to sell Taiwan missiles, helicopters and ships valued at about $6.4 billion, a move that may complicate the Obama administration’s efforts to improve ties with China.

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U.S. Seeks to Sell Taiwan Weapons Worth More Than $6 Billion

NEW YORK (Reuters) – The adage ‘as January goes, so goes the year’ bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. In the coming week, they will have to contend with fears of sovereign defaults and the potential for unpleasant surprises in the U.S. labor market.

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Are U.S. stocks set for a down year?

An airport in Iran’s capital of Tehran was the intended destination for a North Korean weapons shipment seized in Bangkok on Dec. 12, according to a confidential report to the United Nations Security Council by Thailand’s government.

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North Korean Arms Were Headed to Iran, Thailand Report Says

TOKYO (Reuters) – Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.

More here:
Toyota chief apologises for huge recall

A $46 million dollar American development program in Pakistan’s tribal regions has made little progress since it began in 2008, according to a government audit that shows the challenges facing Washington as it prepares to boost aid there to blunt the appeal…

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PakistanUnited StatesWashington D.CAsiaGovernment

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Audit reveals slow progress in US aid to Pakistan

Lower oil prices and gasoline sales cut by the recession slashed Chevron Corp.’s annual profit by 56 percent in 2009, the San Ramon company reported Friday. Chevron, the nation’s second-largest oil company, earned $10.5 billion ($5.24 per share ) for the…

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BusinessChevron CorporationEnergyPetroleum industryGasoline

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Chevron profit drops, but production is strong

Due to arrive today SHIPFROMPORTCosco FelixstoweLong BeachOAKAlbatrosPort UnknownSFOYM WealthLos AngelesOAKPacific LinkLong BeachOAKGuang Dong BridgeLong BeachOAKChristina ScanLong BeachCCRCSL AcadianSechelt, CanadaSFO Due to depart today SHIPTOPORTZhen Hua…

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Travel and TourismThailandProvincesBusinessBusiness and Economy

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Ship traffic for Saturday, January 30, 2010

Greg Karras has heard the talk about Chevron Corp. possibly pulling out of Richmond. He isn’t buying it. Karras is a senior scientist of an environmental group fighting Chevron’s plan to upgrade its Richmond refinery, which has occupied a spot on the city’s…

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Chevron’s fight with Richmond intensifies

Toyota said it began shipping gas pedal parts to its dealers Friday for use in fixing the millions of cars and trucks recalled because of accelerators that could become stuck. Company spokesman Brian Lyons said he did not know when the parts would arrive or…

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Toyota pedal systems now going to dealers

President Obama renewed his call for tax incentives to create jobs Friday, saying a greater effort is needed even though his administration has “stopped the flood of job losses.” Obama wants to give companies a $5,000 tax credit for each net new worker they…

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Obama retools tax credits for creating jobs

Honda is recalling 646,000 Fit hatchbacks worldwide because of a glitch that could cause water to enter the power window mechanism, causing components to overheat. A spokeswoman said the recall affects the 2007-2008 models of the Fit, which is sold in other…

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Honda recalls 646,000 Fits for window fix

Don’t bet against Barbie. Sales of Mattel Inc.’s fashion icon and her pink-and-white empire increased for the first time in almost two years, helping put some holiday cheer into Mattel’s fourth-quarter earnings. That and cost cutting helped the No. 1 U.S….

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Barbie got her game back; Mattel profit leaps