UK warns on cost of rehashing bank bailouts

British finance minister Alistair Darling said on Tuesday that any renegotiations of last month's 37 billion-pound ($56 billion) bailout package for the country's banks could prove costly for shareholders already angered at

Auto woes weigh on global stocks

World stocks and oil fell on Wednesday while government bonds and the yen gained as U.S. automakers begged for a bailout from Washington, adding to evidence that the credit crisis is crippling

Toyota to cut output, Nissan downbeat

Reeling from a relentless sales slide, Toyota Motor Corp said on Wednesday it would stop all of its North American factories for two days next month, while rival Nissan Motor Co renewed

Microsoft to offer free security software

Microsoft Corp said Wednesday it will discontinue sales of its subscription PC security service and instead offer free software to help protect computers from viruses, spyware and other threats. With the move,