N.Z. Manufacturing Sales Increase Most in 7 Years

New Zealand manufacturing sales increased the most in more than seven years in the fourth quarter, led by higher production in the meat industry.
Sales volumes adjusted to remove inflation rose 3.1 percent from the previous three months, when they fell a revised 1.7 percent, Statistics New Zealand said in a statement in Wellington […]

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‘Brake override:’ The fix Toyota should have had

There’s one safety feature that Toyota could have had in its cars for years that would have stopped many, perhaps even most, cases of unintended acceleration — it’s called ‘brake override.’
Toyota has been saying for several weeks that it will add the feature to all of its new cars, and singled out the technology […]

TSX higher on commodities

The Toronto stock market built on the solid gains of the previous session Tuesday morning thanks to a small upswing among mining stocks.
The S&P/TSX composite index was up 36.3 points to 11,903.2 after strong manufacturing data from the U.S. and China raised commodity prices and lifted the main index 121 points.
The Canadian dollar […]

Ministers meet for pension crisis talks

OTTAWA–With nearly a third of all Canadian families lacking any pension savings, Finance Minister Jim Flaherty and his provincial counterparts are hoping in the next few days to find new ways to keep seniors from winding up in poverty. While the gathering in Whitehorse on Thursday and Friday is far too short to solve […]

Spending wisely is key to happier holidays

As long as we are doing it this year, why not do it always?
"This year, it all comes down to value and getting the best bang for your shopping dollar," said Tod Marks, senior editor of Consumer Reports.
He was referring to a survey by the magazine showing nearly two-thirds of Americans […]

U.S. restaurants turn to wines for sustenance

Morton’s, an expense account steakhouse, and California Pizza Kitchen, an upscale U.S. pizza chain, are going against the grain with their wine strategies in a bid to reap revenue from the vine.
Morton’s Restaurant Group Inc is taking advantage of the wine glut and auctions to restock its cellars, even as most white tablecloth restaurants […]

New health care plan and your wallet

The health reform debate is still far from the finish line, but Wednesday brought an important milestone: A key senator’s highly-anticipated proposal echoing many of the reforms that President Obama is calling for.
"My bill is very, very similar to the framework that the president was talking about when he gave his message the other […]

American Airlines in talks to invest in JAL: source

American Airlines is in talks to take a minority stake in Japan Airlines (JAL) and form a joint venture with the struggling airline, a source said, pitting it against a rival bid from Delta Airlines.
JAL, Asia’s largest airline by revenues, lost about $1 billion last quarter and has been seeking investors to prop up […]

American investors, this BUD’s for you

Come Wednesday, BUD will be back.
Anheuser-Busch InBev, the world’s biggest brewer, said Friday that investors will be able to trade its stock on the New York Stock Exchange. The ticker symbol of the financial instrument: BUD.
That’s a blast from the past. BUD was Anheuser-Busch’s ticker symbol for decades before it […]

Cash for Clunkers extension signed into law

President Barack Obama signed a bill Friday morning that breathes new life into the popular Cash for Clunkers program.
"Now, more American consumers will have the chance to purchase newer, more fuel efficient cars and the American economy will continue to get a much-needed boost," President Obama said in a statement.
The move extends the Cash […]