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Latest financial news - CNNMoney.com


    Honda recalls 379,000 cars for airbag hazard
    Honda announced it is expanding a previously announced recall to replace an airbag inflator in an additional 379,000 U.S. vehicles.

    Senate jobs bill: What's missing
    Senate Democrats' draft plan for job creation, circulated Tuesday, contains a couple of employment measures and a lot of leftover business.

    Google Buzz slammed by Yahoo and Microsoft
    Well, that didn't take long.

    Disney beats Street on earnings and revenue
    Walt Disney Company's profit and revenue sailed past analysts' expectations Tuesday, as a solid showing from the media giant's TV networks offset a lackluster performance from its movie studios and theme parks.

    Germany considers aid to Greece - reports
    The German government may offer an aid package to Greece and other debt-ridden European nations in an effort to stave off the default concerns that have stunted global markets, according to reports.

    Toyota's next problem: Lawsuits
    Fixing millions of gas pedals and brakes and convincing customers their vehicles are safe could end up being the least of Toyota's challenges. Some experts think the price tag from legal settlements could end up topping the company's estimate of $2 billion in recall costs.

    Dubai selling off Cirque du Soleil and QE2?
    Dubai is reportedly preparing to sell a host of assets, including one of the world's best known cruise ships, as the emirate's investment arm looks to restructure a mountain of debt.

    Complaints of Corolla steering problems arise
    The National Highway Traffic Safety Administration has collected more than 80 complaints about steering problems in 2009 and 2010 Toyota Corollas.

    The burger and beverage recession
    Want more proof that the U.S. economy is still in a fragile state? Consider this. People are still holding back on buying burgers, soda and beer. So much for fast food, soft drinks and booze being recession-proof.

    High-speed rail: Skipping your town
    Most of the $8 billion in high-speed rail funds that President Obama awarded last month will not be used for high-speed projects, but rather to improvements designed to make existing lines faster.

    Treasurys decline on Greek woes
    Treasury prices fell Tuesday after the government issued $40 billion of 3-year notes and investors remained skiddish over debt issues in Europe.

    Prius recall: What you should do
    Toyota has recalled 2010 model year Priuses as well as the closely related Lexus HS250h hybrid luxury car.

    Getting a job just got a little easier
    With 14.8 million people out of work, competition for new jobs is easing ever so slightly, according to a government report released Tuesday.

    Views of the iconic Hollywood sign may get protection
    The iconic letters spelling out Hollywood on the hills overlooking Tinseltown will keep their pride of place thanks to the housing bust.

    Dollar down versus euro
    The dollar slipped against the euro on Tuesday amid anticipation that European officials will help Greece lower its mounting debt.

    IPhone credit card swipe war heats up
    What if your iPhone took plastic? Imagine if your business could use it as a mobile credit card processor, a swipe-and-go system for ringing up payments wherever you roam.

    Toyota faces a Capitol grilling
    As Toyota's troubles mount, the automaker is gearing up for a new front in the battle to salvage its once-sterling image and credibility: Capitol Hill.

    Stocks rally on Greek bailout hopes
    Stocks rallied Tuesday as growing bets that European officials will rescue Greece from its debt problems reassured investors after a four-week selloff.

    Oil rises 3% on weaker dollar
    Oil prices extended gains Tuesday as the dollar weakened against the euro after concerns over Europe's debt crisis eased.

    Stock rebound in the works
    U.S. stocks were set to open higher Tuesday, as investors eyed buying opportunities after the previous session's selloff, although worries about debt problems in Greece remained in focus.