Consumer  

Mazda and Fiat say they will work together on developing and manufacturing a new car.
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If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.
But forget the dramatic drop. Investors should focus on the only question that matte...

Ford Motor Co. is getting its blue oval logo back.
Moody's Investors Service raised Ford's debt ratings to investment-grade Tuesday for the first time in seven years. The upgrade means that all of Ford's U.S. assets, including factories, the blue oval and the trademarks ...

Key financial statistics for Facebook, Apple and Google. Projections for 2012 are among analysts surveyed by FactSet. Price-to-earnings ratios are based on Tuesday's close.
FACEBOOK:
Price-to-earnings ratio, using earnings from last year: 85.
...

Aereo, a startup that takes live TV broadcasts and sends them to mobile devices in New York for a monthly fee, has won a partial victory in court over the media companies that are suing it.
U.S. District Court Judge Alison Nathan in New York dismissed one of three claims...

Google promptly reshuffled Motorola Mobility's management Tuesday after completing its $12.5 billion acquisition of the device maker.
Longtime Google Inc. executive Dennis Woodside is replacing Motorola Mobility CEO Sanjay Jha as the company's leader.
Goog...

Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend.
An increasing portion of those sales are from first-time buyers, who are critical to a housing recovery.
Sales of previously...

Major business events and economic events scheduled for Wednesday:
WASHINGTON -- Commerce Department releases new home sales for April, 10 a.m.
Hewlett-Packard Co. reports quarterly financial results.
BRUSSELS -- The leaders of the 27 countr...

A Democratic-controlled Senate panel Tuesday approved a $2.50 increase in airline security fees that would double the per-passenger fee for those taking nonstop flights.
The move by the Senate Appropriations Committee would increase the fee on a nonstop round-trip flight...

Facebook's newly public stock is sliding further on its third trading day as investors reconsider how much the social network is worth.
The company's long-anticipated initial public offering of stock raised $16 billion, valuing the company at $104 billion -- more than Am...