washingtonpost.com
No easy answer for the Toyota problem
15.03.2010 16:22
washingtonpost.com
Lately it seems that each day brings another report of a driver's terrifying experience with an out-of-control Toyota. There have been at least four congressional hearings in as many weeks.
USA
Machine-Building Industry
Boeing CEO's 2009 compensation fell to $13.7M
15.03.2010 16:22
washingtonpost.com
MINNEAPOLIS -- Boeing Co. chief executive Jim McNerney's compensation fell 7.2 percent last year after the commercial airplane maker and defense contractor posted a smaller profit than its board had been looking for.
USA
Machine-Building Industry
Pay czar limits exec pay at still-struggling GMAC
15.03.2010 16:22
washingtonpost.com
WASHINGTON -- The Obama administration's pay czar is limiting 2010 compensation for top executives at GMAC Inc. because the auto finance giant continues to lose money and can't yet repay its $16.3 billion taxpayer bailout, according to people familiar with the negotiations.
USA
Machine-Building Industry
Pilots who overshot airport reach deal with FAA
15.03.2010 16:22
washingtonpost.com
MINNEAPOLIS -- Two Northwest Airlines pilots who got distracted and overshot the Minneapolis airport have agreed not to fight the revocations of their licenses but could fly again under an agreement they reached with federal authorities on Monday.
USA
Machine-Building Industry
Ex-NY bank president first accused of TARP fraud
15.03.2010 12:09
washingtonpost.com
NEW YORK (Reuters) - The former president of New York's privately held Park Avenue Bank was arrested and charged on Monday with being the first person to attempt to steal from U.S. government bailout funds in the financial crisis.
USA
Finance & Investments
Credit card data signals consumer stress easing
15.03.2010 12:09
washingtonpost.com
NEW YORK (Reuters) - Credit card delinquency rates slipped or held firm at five major U.S. lenders last month, showing fewer Americans are falling behind on bills and suggesting the worst of consumers' stress may be over.
USA
Finance & Investments
Continental Airlines to charge for food
15.03.2010 10:08
washingtonpost.com
ATLANTA -- Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors what other carriers are already doing.
USA
Machine-Building Industry
UK's Brown wades into BA industrial dispute
15.03.2010 10:08
washingtonpost.com
LONDON -- British Prime Minister Gordon Brown waded into the acrimonious dispute between British Airways PLC and its cabin crew on Monday, calling a planned strike "deplorable" and risking a major fallout with key union backers ahead of a general election.
USA
Machine-Building Industry
Investigators say no explanation yet for Calif. Prius claim
15.03.2010 08:11
washingtonpost.com
WASHINGTON (Reuters) - Safety investigators have found no evidence so far to support or disprove a California motorist's claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.
USA
Machine-Building Industry
Phillips-Van Heusen to buy Hilfiger for $3 billion
15.03.2010 08:11
washingtonpost.com
NEW YORK (Reuters) - Apparel company Phillips-Van Heusen agreed to buy fashion brand Tommy Hilfiger from London-based Apax Partners in a cash and stock deal for about $3 billion to boost its presence in Europe and Asia.
USA
Finance & Investments
Senate financial reform bill boosts Fed: sources
15.03.2010 08:11
washingtonpost.com
WASHINGTON (Reuters) - The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill to be unveiled on Monday by the Senate's architect of financial reform.
USA
Finance & Investments
Senate financial reform bill boosts Fed: sources
15.03.2010 08:11
washingtonpost.com
WASHINGTON (Reuters) - The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill to be unveiled on Monday by the Senate's architect of financial reform.
USA
Finance & Investments
Stocks fall on concern about US credit rating
15.03.2010 08:11
washingtonpost.com
NEW YORK -- Stocks fell Monday after Moody's Investors Service said the U.S. could eventually lose its top-notch credit rating.
USA
Finance & Investments
After tanker flop, Airbus pushes transporter in US
15.03.2010 08:10
washingtonpost.com
PARIS -- Unbowed in its push into the lucrative U.S. defense market, Airbus said Monday it is aiming to sell about 210 of its much delayed A400M military airlifters to the United States.
USA
Defense Industry
Official: Pentagon probing alleged spy operation
15.03.2010 08:10
washingtonpost.com
WASHINGTON -- A Defense Department official is under investigation for allegedly hiring private contractors to gather intelligence on suspected insurgents in Afghanistan and Pakistan, a U.S. official said Monday.
USA
Defense Industry
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