Business

Detroit -- U.S. auto giant Ford Motor Co. grabbed two coveted first place awards at the North American International Auto show: Car of the Year and Truck of the Year.

Detroit -- Ford Motor Co. said Monday it would assign production of a new hybrid and an electric car to the Michigan Assembly plant, where the Ford Focus is built.

New York -- U.S. markets were mixed Monday morning with investors cautiously optimistic about the corporate reporting season, which begins after markets close.

New York -- Crude oil prices rose on the New York Mercantile Exchange, climbing above $83 per barrel on a weak dollar and indications demand will rise.

New York -- New York financial giant Goldman Sachs is considering a plan to force its employees to give money to charities, a source close to the discussions said.

Tokyo, January 10 -- Four of the largest banks to Japan Airlines Corp (9205.T) have agreed for the court-led reconstruction of Asia’s largest carrier.

Brussels -- The statistical office for the European Union, Eurostat, Friday left estimates its gross domestic product unchanged from a month ago.

New York -- U.S. markets were mixed Friday morning after the Labor Department said the unemployment rate was unchanged in December, holding at 10 percent.

New York -- Crude oil prices held above $82 per barrel on the New York Mercantile Exchange Friday as a new trend above $80 has settled in with the winter cold front.

New York, January 8 -- Retailers could not have hoped for a better end to 2009. Buoyed by rising consumer confidence which led to last minute shopping binge by consumers, retailers fared better than expected sales in December.