Toyota Motor Corp. said Friday it will begin telling millions of customers how it will repair their sticky gas pedal systems next week, and repairs will be finished in less than a month. Company spokesman Brian Lyons said he can’t state specifically when…

Toyota – United States – Automotive industry – Shopping – Automobile

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Toyota to announce fix for gas pedals next week

It is clear that even despite the challenging outcome of Copenhagen, climate change is still very much front and center at Davos as global/political, civil society, and business leaders contemplate the road to Mexico and beyond.

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Davos: Climate Change, Transport and Logistics – The Road Ahead

A new study from the insurance industry finds that state laws banning wireless calling or texting while driving have not resulted in fewer vehicle crashes. The study, conducted by the Highway Loss Data Institute and released Friday, examined insurance claims…

Insurance – Texting while driving – Law – Business – Financial Services

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Study: distracted driving laws don’t stop crashes

U.S. stocks swung between gains and

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U.S. Stocks Fluctuate as Declines in Tech Shares Offset GDP Data

TOKYO/PARIS (Reuters) – Toyota said its global safety withdrawal would take up to 1.8 million vehicles off Europe’s roads and rival Honda announced its own recall, placing the vaunted pedigree of Japan’s carmakers under fresh scrutiny.

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Honda sets own recall as Toyota details action

The Obama administration says it’s moving ahead with new consumer protections for mental health and substance abuse coverage. Starting this summer, most employer health plans will have to treat mental health benefits the same way they handle coverage for…

Mental health – Substance abuse – Health – United States – Policy and Advocacy

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New rules for mental health coverage

NEW YORK (Reuters) – Staples Inc said it agreed to pay $42 million to settle several class-action lawsuits accusing the office supplies seller of misclassifying assistant store managers as exempt from overtime pay.

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Staples to settle overtime claims for $42 million

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 4th-quarter earnings. That and cost cutting helped the No. 1 U.S. toy…

Mattel – Barbie – Hot Wheels – Toy – Toys and Games

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Barbie resurgence boosts Mattel 4Q profit

At 87, the comic book legend is still spinning tales, including several in the works for investor Disney

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Stan Lee: Purveyor of Wonder

Spain will cut spending by nearly euro50 billion ($70 billion) to rein in a deficit that has swelled to an outsized 11.4 percent of gross domestic product as the country struggles with recession, officials said Friday. Finance Minister Elena Salgado said the…

Spain – Elena Salgado – Gross domestic product – Travel and Tourism – Recession

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Spain to cut spending to rein in deficit

Two California assemblymen are calling on the state to investigate the use of force by San Jose police. Democrats Joe Coto of San Jose and Paul Fong of Cupertino say they want to see if officers are properly trained and the department responds to complaints…

San Jose California – California – San Jose – Paul Fong – Joe Coto

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Assemblymen call for state review of San Jose cops

Memory chip company Rambus Inc. reported an 18 percent decline in revenue and bigger losses during the fourth quarter, though business appeared to pick up from earlier in the year. The company, which receives licensing fees from patents of its memory chip…

Rambus – Business – Patent – Hardware – Components

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Rambus shares drop on larger 4Q loss

After retrenching for five consecutive quarters, sales of cell phones returned to growth in the fourth quarter of 2009, reports consultant IDC. In that period, mobile phone sales rose 11.3%, and vendors including Nokia, Samsung and LG shipped 325.3 million units worldwide. Full-year sales were …

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Mobile Phone Market Rebounds

ARLINGTON, Virginia (Reuters) – Top bank regulator Sheila Bair said on Friday that proposed proprietary trading limits are “very positive,” but said they would not have necessarily reined in risk-taking at the institutions that required massive bailouts.

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Proprietary trading ban positive: FDIC’s Bair

NEW YORK (Reuters) – Newell Rubbermaid Inc posted a fourth-quarter profit on cost cuts and lower raw materials prices, but the maker of Rubbermaid containers and Sharpie pens said the devaluation of Venezuela’s currency would hurt 2010 earnings, sending its shares down nearly 4 percent.

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Newell shares down on Venezuela hit to 2010 profit