WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Toyota building plants in Mexico, China; seeks growth again
TOKYO (AP) — Toyota plans to build new auto assembly plants in Mexico and China, ending a self-imposed 3-year break from expansion over quality concerns due to massive recalls. Toyota Motor Corp. announced Wednesday it will invest $1 billion in the...
Apr 16, 2015 | 7:16 AM
Fed survey finds US economy growing at moderate pace
WASHINGTON (AP) — The U.S. economy was growing at a moderate pace from mid-February through the end of March although the harsh winter, the rising value of the dollar and a big plunge in oil prices were having adverse effects on some industries, the...
Apr 16, 2015 | 7:16 AM
How the Dow Jones industrial average fared Wednesday
Rising corporate profits and a jump in oil prices helped push the stock market to a modest gain on Wednesday. Delta and Intel led the way up after turning in results that beat Wall Street's forecasts. The Nasdaq composite added 33.73 points, or 0....
Apr 16, 2015 | 7:16 AM
More people worldwide are opening bank accounts
NEW YORK (AP) — Africans using cellphones, older Chinese, and Indians getting a push from their government have fueled an unprecedented surge of people opening their first bank accounts. The rise in new worldwide accounts has been driven by the...
Apr 16, 2015 | 7:16 AM
EU alleges Google's abuses hurt consumers, innovation
BRUSSELS (AP) — The European Union's escalating legal attack on Google is likely to ignite a debate about whether the Internet search leader makes life more convenient for consumers or abuses its power to squeeze out rivals who might have something...
Apr 16, 2015 | 7:16 AM
CSX cuts forecast for the year after slower-than-expected 1Q
[...] low natural gas prices have for years cut into demand for coal from utilities. [...] one big growth area for railroads in recent years, crude oil shipments, is expected to level off this year as a severe drop in energy prices slows drilling...
Apr 16, 2015 | 6:16 AM
Delta's 1Q profit rises on more traffic, lower fuel prices
DALLAS (AP) — Delta Air Lines plans to reduce international flying later this year as travel demand in some places weakens due to lower oil prices and the strong U.S. dollar. [...] the strong U.S. dollar and low oil prices are hurting ticket sales...
Apr 16, 2015 | 6:16 AM
Germanwings crash could prompt remote override tech review
BERLIN (AP) — The head of Germany's air traffic control agency says the crash of a Germanwings jet in France last month raises the question of whether technology should be put in place allowing authorities on the ground to take control of a plane...
Apr 16, 2015 | 5:16 AM
TechBits: Analyzing medical data, breaking smartphones
IBM wants to use the power of its Watson computing system — which famously won TV's "Jeopardy" a few years back — to analyze mountains of data collected from individuals who use health-related smartphone apps, fitness bands and other gadgets. A new...
Apr 16, 2015 | 5:16 AM
Bank of America returns to profit as legal costs subside
NEW YORK (AP) — Bank of America returned to a profit in the first quarter as the legal troubles that have plagued the company for several years subsided. The bank's legal expenses, stemming from the housing bubble and financial crisis, are behind...
Apr 15, 2015 | 5:15 PM