Listen up, Toyota. Ford was also once in recall hell, after reports that Explorer drivers were suddenly losing control of their cars and crashing. Like Toyota, Ford made matters worse by responding timidly to major problems with its cars. So Toyota, wise up and send your CEO to testify before Congress pronto.

Continue reading Toyota Has Lessons to Learn from Ford on How Not to Handle a Recall

Toyota Has Lessons to Learn from Ford on How Not to Handle a Recall originally appeared on DailyFinance on Fri, 12 Feb 2010 19:00:00.

Filed Under: Company News, Ford Motor Co., Toyota, Autos

Carlos Slim is one of the New York Times Co.'s biggest shareholders, but most of his holdings are in the form of warrants received after loaning the media company $250 million. The Mexican billionaire's growing stake has raised concerns about whether he would try to influence the fabled journalism brand in any way.

Continue reading Correction: No Change in Carlos Slim's New York Times Stake

Correction: No Change in Carlos Slim's New York Times Stake originally appeared on DailyFinance on Fri, 12 Feb 2010 18:25:00.

Filed Under: New York Times Co.

Speakers at a New York City journalism conference seemed to agree that practitioners of the trade need to know more than how to file on deadline: advancing your own brand is necessary now, because, as one speaker declared, "News is a really crappy business."

Continue reading Career Advice for Journalists: To Thine Own Franchise Be True

Career Advice for Journalists: To Thine Own Franchise Be True originally appeared on DailyFinance on Fri, 12 Feb 2010 17:21:00.

Filed Under: People, Media, Careers

A report on the nation's economy by the President's Council of Economic Advisers is providing a clearer picture of the economic recovery: high unemployment and less than stellar growth for the next five years.

Continue reading Obama Advisers Predict High Unemployment, Low Growth for Next Five Years

Obama Advisers Predict High Unemployment, Low Growth for Next Five Years originally appeared on DailyFinance on Fri, 12 Feb 2010 17:00:00.

Filed Under: Economy

Employees at Gannett's flagship newspaper must be insanely dedicated: Why else would its publisher feel the need to explain to them exactly what it means to be forced to take a week off. But that's just what Dave Hunke decided his already-depressed workforce needed to hear.

Continue reading USA Today Reminds Staff What 'Furloughed' Means

USA Today Reminds Staff What 'Furloughed' Means originally appeared on DailyFinance on Fri, 12 Feb 2010 16:30:00.

Filed Under: Economy, Media

"Stocks fluctuate" is the old saw, and Friday's market action was a case in point. After dropping as much as 160 points, the Dow closed down 45. Also, while it may have felt worse, stocks posted gains for the week, snapping a string of four losing weeks in a row.

Continue reading Stocks End a Volatile Day Mostly Lower, Thanks to Global Jitters

Stocks End a Volatile Day Mostly Lower, Thanks to Global Jitters originally appeared on DailyFinance on Fri, 12 Feb 2010 16:20:00.

Filed Under: Economy, Investing

Online gourmet cheese stores offer cheese gift boxes, cheese logs, cheddar spreads, cheese plates, sampler trays - and even a Gourmet Cheese of the Month Club.

Warren Buffett's Berkshire Hathaway will be added to the S&P 500 Index at the close of trading Friday, meaning millions of retail investors will have a little piece of the legendary Oracle of Omaha's company to call their own.

Continue reading Retail Investors, Rejoice: Berkshire Hathaway Joins S&P 500

Retail Investors, Rejoice: Berkshire Hathaway Joins S&P 500 originally appeared on DailyFinance on Fri, 12 Feb 2010 15:46:00.

Filed Under: Company News, Investing, Berkshire Hathaway

Insurance company WellPoint, which is opposed to the health care reforms Democrats are promoting, handed them a public relations coup this week: It increased insurance rates on some individual policies by up to 39%. Wellpoint's profits last quarter? A mere $2.7 billion.

Continue reading Why Health Care Reform Is Needed: WellPoint's 39% Rate Hike

Why Health Care Reform Is Needed: WellPoint's 39% Rate Hike originally appeared on DailyFinance on Fri, 12 Feb 2010 15:17:00.

Filed Under: Company News, Healthcare, CIGNA Corporation, United Health

Bill Clinton's surgery yesterday -- inserting stents into his heart, years after his quadruple-bypass surgery -- has become a common procedure to clear plaque buildup from the surgical grafts. Here's how they work.

Continue reading After President Clinton's Surgery, a Primer on Stents

After President Clinton's Surgery, a Primer on Stents originally appeared on DailyFinance on Fri, 12 Feb 2010 14:00:00.

Filed Under: People, Healthcare, Johnson & Johnson, Abbott