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Toyota says new U.S. auto plant delayed
A senior Toyota executive says plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.S. economic slowdown.
Report: Cablevision's Newsday purchase is finalized
The Chicago Tribune reports this morning that the Cablevision Systems Corporation finalized last night a deal for control of Newsday, the Tribune Company's Long Island newspaper.
Company plans to buy Powermate
An Italian company has agreed to buy the Aurora, Illinois-based power equipment manufacturer for $6.6 million.
Icahn prepared to buy Circuit City if Blockbuster can't
Circuit City Stores says it will allow video-rental chain Blockbuster, and its largest shareholder Carl Icahn, to review its books in connection with Blockbuster's bid to buy the consumer electronics retailer.
Banking giant to shed $500B in assets
Citigroup says it wants to shed about 500 billion dollars in assets, while growing revenue by 9 percent over the next few years. It is trying to rebound from massive losses linked to slumping mortgage and credit markets.



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