Tearful Toyoda apologizes; Japan hopes for recovery

Toyota Motor Corp President Akio Toyoda apologized to U.S. lawmakers probing the automaker's safety record and ended the day in tears, in what Japanese politicians hoped was a first step toward rebuilding trust in the country's most valuable company.

Morgan Stanley's Mack concerned about politics

Morgan Stanley <MS.N> Chairman John Mack said on Wednesday he is disappointed that decisions coming from the Obama administration are being motivated by politics.

Asia stocks rally falters after Bernanke

A tepid rally in Asian shares faltered early on Thursday and the dollar rose after Fed Chairman Ben Bernanke's reaffirmation of an extended period of low U.S. rates boosted risk-seeking but also raised some concerns about global growth.

Coca-Cola close to buying its largest bottler: source

Coca-Cola Co <KO.N> is in talks to buy most of its largest bottler for roughly $15 billion, including debt, marking a shift in its strategy to keep its bottling operations separate, a person familiar with the situation said on Wednesday.

Conan O'Brien joins Twitter

LOS ANGELES - If Conan O'Brien's debut on Twitter is any indication Coco fever is stronger than ever.

Coca Cola close to buying its largest bottler: report

Coca-Cola Co <KO.N> is close to buying most of its largest bottler, according to a Wall Street Journal report.

"Deeply sorry" Toyoda worries message was lost

Toyota Motor Corp President Akio Toyoda apologized to lawmakers probing the automaker's safety record but ended the day in tears, worried his message went lost in translation.

Senate seeks bank reform, Obama weighs in

Key senators pushed for a bipartisan agreement on a package of reforms to tighten rules for financial industry behavior as President Barack Obama on Wednesday blasted critics who call his policies "socialism."

Nintendo handheld DSi XL coming to U.S. March 28

Nintendo will bring its latest dual-screen handheld video game system to the United States at the end of March, the company said on Wednesday.

Grim outlook from Bernanke damps rate hike talk

U.S. Federal Reserve Chairman Ben Bernanke told Congress on Wednesday a weak job market and tame inflation warrant low interest rates for "an extended period," curbing speculation the central bank was moving closer to raising borrowing costs.

Toyoda faces critical lawmakers over safety flaws

Toyota Motor Corp chief Akio Toyoda said he took personal responsibility for the company's safety crisis and vowed to stay on to make sure customer complaints were taken more seriously.

Government eyes paying broadcasters for mobile spectrum

The top communications regulator offered to pay television broadcasters to give up their rights to airwaves worth an estimated $50 billion as it looks to overcome a looming scarcity of wireless spectrum for advanced mobile phone services.