Nov 16, 2012 After agreeing to pay the U.S. government $4.5 billion to settle criminal charges stemming from the Gulf oil spill, BP could face even higher civil penalties. Is such grave punishment in the government's best interest?
Nov 6, 2012 Toyota and other Japanese carmakers are reporting lower sales in China due to the two nations' dispute over offshore islands, but Toyota projects higher earnings worldwide.
Oct 10, 2012 Toyota recalls 7.4 million vehicles after a sticky power window switch caused fires. Two years ago, Toyota suffered from sticky accelerators.
Oct 10, 2012 There haven't been any reported safety issues over the power window switch problems, but Toyota isn't taking any chances with this recall.
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders who accused it of withholding negative information about Merrill Lynch's finances.
Heidi N. Moore
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. It's compensation for maybe not sharing the whole story when B of A bought the failing brokerage Merrill Lynch in 2008.
Sep 27, 2012 Tesla's behind its production schedule, Toyota is all but abandoning its plans for a plug-in car, and the new Fisker gets a bad review from Consumer Reports.
Heidi N. Moore
Aug 15, 2012 Standard Chartered was on the brink of going to court because of allegations that it hid thousands of financial transactions with Iran. Instead, the bank settled without admitting any wrongdoing.
Aug 14, 2012 Banks are willing to lend to buyers with subprime credit ratings again. Now you can be underwater on your car as well as your house.
Jul 16, 2012 Major credit card companies -- Visa and Mastercard -- as well as big banks have agreed to pay more than $7 billion to retailers to compensate for alleged price fixing of credit card fees. Some retailers think the settlement does not go far enough to protect retailers and consumers.