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Business News Headlines

Japan Airlines rejects Delta, stays with American - Tue, 09 Feb 2010

TOKYO (AP) — Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines.

The Japanese carrier said

Toyota recalls 437,000 Priuses, hybrids globally - Tue, 09 Feb 2010

TOKYO (AP) — Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world's largest automaker.

'I don't see

Stocks climb on hopes for Greece debt assistance - Tue, 09 Feb 2010

NEW YORK (AP) — Stocks surged Tuesday morning as hopes grow the European Union will help Greece with its growing debt burden.

The Dow Jones industrial average climbed back above 10,000 after closing below that threshold Monday for the

Toyota recalls 437,000 Priuses, hybrids globally to fix brakes - Tue, 09 Feb 2010
TOKYO (AP) — Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world's largest automaker.

'I don't see Toyota

Toyota recalling Prius in Japan for brakes - Mon, 08 Feb 2010

YURI KAGEYAMA,AP Business Writer

TOKYO (AP) — Toyota is recalling nearly 200,000 of its signature Prius green cars in Japan for braking problems, the latest in a string of embarrassing safety problems at the world's largest automaker.

Master Entertainment ribbon cutting and open house Feb. 11 - Mon, 08 Feb 2010
Press release submitted by Illinois Quad City Chamber of Commerce

RE: Ribbon Cutting & Open House

WHO: Master Entertainment

WHERE: 2424 – 40th Avenue, Suite 6, Moline

WHEN: Thursday, February 11th

TIME: 4pm

Still no word from Toyota on Prius recall - Mon, 08 Feb 2010

TOKYO (AP) — A week after brake problems surfaced with its Prius, Toyota still has yet to say whether it will recall the popular hybrid — and analysts say further delays could be devastating to the automaker's already damaged reputation.

Dow closes below 10,000 for first time in 3 months - Mon, 08 Feb 2010

NEW YORK (AP) — The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.

Shares of big banks pulled the market lower, extending a slump

Magazine sales fall 9 percent at newsstands - Mon, 08 Feb 2010


NEW YORK (AP) — Purchases of U.S. magazines at newsstands and other retail outlets fell 9 percent in the second half of 2009, a slight improvement from the 12 percent year-over-year decline in the first half of the

Toyota resale value, reputation fall from heights - Mon, 08 Feb 2010
CHICAGO (AP) — The Toyota in your garage is losing value by the week.

Kelley Blue Book dropped the resale values of recalled Toyotas for the second time in four days Monday, leaving them as much as 4 percent

Boeing's 747-8 freighter makes first flight - Mon, 08 Feb 2010


EVERETT, Wash. (AP) — Boeing Co.'s giant 747-8 freighter — the biggest plane the company has ever built — took off on its first flight Monday, a year later than originally planned.

The huge plane took off

Caterpillar joins backers of power plant project - Mon, 08 Feb 2010


MATTOON, Ill. (AP) — Caterpillar Inc., the world's largest maker of mining and construction equipment, plans to join a coalition of companies planning to build an experimental clean-coal power plant known as FutureGen, key politicians announced Monday.

Europe could face years-long debt grind - Mon, 08 Feb 2010


ATHENS, Greece (AP) — Is there any way out of Europe's debt morass?

Greece's efforts to restore confidence in its finances have only called attention to its woes, and now investors are fretting debt contagion could spread

Reports: Toyota plans to recall 300,000 Priuses - Mon, 08 Feb 2010


TOKYO (AP) — Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday, news reports said, as a top executive will testify before

Simply Amish furniture is 'the real thing' - Mon, 08 Feb 2010
DAVENPORT-- Simply Amish furniture is made on family farms throughout the Midwest.

"It's made under the eye of the builder, and not on an assembly line," said John Reisenbigler, co-owner of the new Simply Amish furniture store at 3711

Cupid's Recession Effect: Love, Money and the Financial Crisis - Mon, 08 Feb 2010
Press release submitted by Pam Kassner

With Valentine's Day coming up, an interview on love in money is timely. Even Cupid was hit by the recession. The economic downturn didn't just lead to failed businesses. It led

CIT names ex-Merrill CEO Thain as chairman, CEO - Mon, 08 Feb 2010

NEW YORK (AP) — CIT Group said Sunday it has chosen former Merrill Lynch CEO John Thain to lead the company as chairman and CEO as the commercial lender continues to restructure its business following a brief stay in

Toyota to announce action soon for Prius hybrids - Mon, 08 Feb 2010

TOKYO (AP) — Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to issue a recall for the vehicle in Japan, a possible new

Super Bowl ads: Betty White, Bud Light, big laughs - Sun, 07 Feb 2010

NEW YORK (AP) — Betty White plays football, babies talk about 'milkaholics' and a house made of Bud Light cans falls slowly apart.

It must be the Super Bowl — or at least the advertising showcase that entertains amid

NAACP hosting jobs conference - Sun, 07 Feb 2010
The Rock Island County NAACP will host "Building Trades Jobs Prep 2010 -- Getting in the Door," from 10 a.m. to 2 p.m. Saturday at the Martin Luther King Center, 630 9th St., Rock Island.

The course is