Toyota Kept Slim Lead Over GM in 2010 Despite Recall Woes

Toyota managed to hold onto the title of world’s No. 1 automaker last year, despite numerous safety recalls that took a toll on its sales. Toyota sold 8.42 million vehicles worldwide in 2010, enough to barely edge out resurgent…

iPhone vs. Android: Google May Be Winning the War in China

Deutsche Bank’s insightful technology analyst Jonathan Goldberg says Android has already pulled away from the pack in China. And not just in smartphones and tablets: Android is finding its way into all sorts of platforms, from …

A Depressing Outlook for Big Pharma’s Next Few Years

After several years of robust expansion, the leading branded pharma companies will see growth slow to just 1.3% from now to 2015, independent market analyst company Datamonitor said in a new report. The primary culprit: expirin…

Struggling J.C. Penney to Shut Stores in Cost-Cutting Move

J.C. Penney (JCP) said it will close some of its department stores, call centers and outlet stores in a bid to cut costs.

The struggling retailer will shut five department stores in locations including Morrow, Ga., and West Dundee, Ill., the company …