Toyota investigating all its SUVs

Toyota has announced that it will now check all of its SUVs for problems similar to the one uncovered by Consumer Reports in the Lexus GX 460 SUV.
The magazine said Tuesday that there was an increased risk of rollover during a turn, a problem it discovered during routine tests. It urged car shoppers not […]

Iceland volcano throws trans-Atlantic travel from SFO into disarray

A volcanic eruption in Iceland threw trans-Atlantic flight into disarray Thursday, forcing some carriers leaving San Francisco’s airport to cancel trips to London and Paris.
An ash cloud from the volcano prompted the closure of all British airports until at least 7 a.m. local time Friday. Airports in France have been shut down as well.
As a […]

Meredith Whitney: Obama credit card reform makes it "more expensive to be poor"

Meredith Whitney made her name warning Wall Street hotshots that Citigroup was in serious trouble in 2007, just ahead of the financial crisis. Zeroing in on commercial banking has long been her specialty, but in a conversation with Fortune, she inverted her gaze, focusing on how the upheaval in big banking, especially in consumer […]

Parkinson denies extension for Sumner County casino

Gov. Mark Parkinson on Thursday denied a request for a 60-day extension for the approval of a casino in Sumner County.
The Kansas Lottery Gaming Facility Review Board asked for the extension this week as it considers whether to approve the proposed Chisholm Creek Casino Resort near Mulvane. The review board has until April 19 to […]

AirTran sets quarterly record for traffic

AirTran Airways had another record quarter for traffic, the airline said Monday.
Traffic, also known as revenue passenger miles, jumped 7.5 percent to 4.4 million in the first quarter. Traffic also spiked 9.6 percent in March.
Load factor — how full planes were — was also up by 0.9 percentage points to 77.2 percent in the first […]

Executive pleads guilty to $200M tax fraud

A Michigan executive has entered a guilty plea in an Oregon court to charges that he participated in defrauding the U.S. government of more than $200 million in tax revenue.
John Parrott, entered his plea Thursday. Parrott is the former general counsel of Mt. Pleasant, Mich.-based GeoStar Corp., the parent of ClassicStar LLC.
ClassicStar offered wealthy individuals […]