Business Blog

Shares in North American car giant General Motors rise more than 5% after it announces fourth-quarter net income of $1.1bn.

Apple raised $6.5 billion selling bonds on Monday -- the day the interest rates hit their lowest levels in awhile.

The head of Brazil's state-run oil company Petrobras and five senior executives resign amid the fallout from a corruption scandal.

Oil prices have rebounded sharply in recent days but the bleeding may not be over. Oil supplies continue to outpace demand.

A jury in Minneapolis found Toyota responsible for a deadly crash that was caused by unintended acceleration. The driver, Koau Fong Lee, spent more than two years in jail.

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