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AP Business News

    AP Top Business News At 12:46 p.m. EST

    Stocks climb on hopes for Greece debt assistance
    NEW YORK (AP) -- The Dow Jones industrial average climbed back above 10,000 on hope that the European Union will help Greece manage its growing debt burden....

    GOP wary of pitfalls in Obama's health care summit
    WASHINGTON (AP) -- Republican legislative leaders are raising fresh doubts about any bipartisan agreement with President Barack Obama on health care unless he agrees to shelve bills already passed by Democrats in the House and Senate - a move the White House has rejected....

    Another winter blast helps boost heating oil price
    Heating oil prices got a boost Tuesday as the second powerful storm in four days threatened to dump more than a foot of snow on the East Coast....

    State Farm says it warned NHTSA on Toyota in 2007
    WASHINGTON (AP) -- The nation's largest auto insurer said Tuesday it alerted federal safety regulators in late 2007 about a rise in reports of unexpected acceleration in Toyota vehicles, the latest warning sign to emerge about the massive recall....

    Toyota recalls 437,000 Priuses, hybrids globally
    TOKYO (AP) -- Toyota is recalling 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest embarrassing safety lapse at the world's largest automaker....

    Europe searches for way out of debt crisis
    BRUSSELS (AP) -- The euro is under siege - and the next few days will be crucial....

    Wholesale inventories cut 0.8 percent in December
    WASHINGTON (AP) -- Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected and a troubling sign that companies are still too pessimistic about the economy to begin restocking shelves on a sustained basis....

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

    Strong overseas sales put fizz in Coca-Cola's 4Q
    NEW YORK (AP) -- Coca-Cola's strong overseas growth more than made up for a weak North American market in the fourth quarter, sending profit up 55 percent for the world's largest beverage maker....

    McDonald's sales figure rises 2.6 percent in Jan.
    NEW YORK (AP) -- McDonald's Inc., the world's largest fast-food chain, said Tuesday a key sales comparison rose 2.6 percent in January, as strong overseas sales more than offset a decline in the U.S....

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