President Barack Obama is going to help TV’s “America’s Most Wanted” mark the milestone broadcast of its 1,000th episode. Obama will be interviewed by the show’s host, John Walsh, on the episode airing 9 p.m. EST Saturday on Fox. The president will discuss the show’s...

It seems like Toyota is taking all the brunt when other automakers are also issuing recalls. General Motors Co. is set to recall 1.3 million units of Chevrolet and Pontiac models that are sold in North America. Models affected by the recall include 2005 to 2010 Chevrolet Cobalts, 2005 to 2006 Pontiac...

Lobstermen in Maine harvested record number of lobsters last year but the value of their catch has continued to go down as the world economy is still trying hard to recover. The Maine Department of Marine Resources said Monday that the lobstermen were able to catch 75.6 million pounds worth of harvest...

The premier of China said that this year will be very complicated for the economy of his country and he pledged to his citizens that the government will do everything to battle inflation and non-stop increase on property prices. In an effort to calm the Chinese people of worries about food safety, corruption...

Mortgage giant Fannie Mae is asking another $15 billion in aid from the government which would bring the amount to over $75 billion. Not only that, the company is expecting more losses this year. This new need from Fannie Mae along with its sister company Freddie Mac seem to have been the most expensive...

The president of Toyota Motor Corp. paid a visit to the company’s largest manufacturing plant in North America where he met with Secretary of Transportation Ray LaHood. Akio Toyoda promised LaHood that his company would be putting safety into the next level so that it would be able to regain from its...

A man from Ohio demolished his house worth $350,000 with a bulldozer because he said he did not want the bank foreclosing it. Terry Hoskins of Moscow, Ohio said he had been having problems paying his mortgage with the River Hills Bank and also had issues with the Internal Revenue Service. According to...

Bharti Airtel, India’s largest mobile service provider, has started to line up more than $10 billion worth of loans from local and international banks for its plan to acquire African assets of Zain, a telecom company based in Kuwait. According to a report of the Economic Times on Monday (India time),...

A spokesman for the finance ministry of Iceland confirmed Saturday that they have received a revised proposal regarding the payment of $5.7 billion to the Netherlands and Britain spent by the to countries after the collapse of the Icesave online bank. However, Elias Jon Godjundsson, spokesman for Finance...

American billionaire Ron Burkle requested to increase his share in Barnes & Noble, but the book retailing company rejected it as this could trigger the shareholder rights plan. The shareholder rights plan for Barnes and Noble started to be implemented last year to limit raising stakes by a lone investor...