Toyota Denies New Unintended Acceleration Claims

Toyota Motor is once again defending itself against claims that it sought to cover up vehicle defects after it reportedly bought back cars that accelerated unintentionally but failed to disclose the problem to federal safety of…

Microsoft Earnings Beat Estimates on Office, Xbox Sales

Microsoft’s fiscal first-quarter earnings jumped 51% as the world’s largest software maker boosted sales of its Office 2010 product and grabbed share in the videogame-console market. Microsoft shares jumped on the news.
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Apple Pumps Up Headcount in Retail Division

Apple jacked up the number of full-time employees working in its retail division by 61% to 26,500 in its fiscal year that just closed. The move came as Apple rolled out its new addition to the i-line — the iPad — and retoole…