As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two companies.

Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter but the technology bellwether faces another big challenge -- stiffer personal-computer competition -- that threatens to slow its steady growth.

Oil prices were slightly higher in Asia on Wednesday as investors awaited a weekly crude inventory report for evidence an economic slowdown in the U.S. is cutting consumer demand for oil products such as gasoline.

For school bus driver Jamille Aine, a cold is more than an inconvenience. His employer does not offer paid sick days, so if he can't shake the bug, he may not be able to pay his bills.

Four small sport utility vehicles received top scores in crash tests to be released Wednesday by the insurance industry, a sign of improvement compared with SUVs built earlier in the decade.

Fiat is celebrating again, having scooped yet another highly important industry award for its iconic 500 supermini. The Fiat 500 which was launched earlier this year, has just been crowned Best City Car in the 2008 Auto Express New Car Honours.

Wolfsburg, Germany - Volkswagen is working on plans to build a new cheap mid-engined sports car that is scheduled to be presented at the Los Angeles Auto Show in November, Germany's Auto Bild newspaper reports. Drawings published by the newspaper sho...

8/20/2008 ABF Freight System, Fort Smith, Ark., is sending 19 championship drivers from 10 states to the 71th National Truck Driving Championships this week in Houston.

A new brand of car, the Lifan 520, has entered the Kenyan market.

EDWARDSVILLE - Amid the American muscle cars, roadsters and low-riders on display during the 17th annual D.A.R.E. Car and Motorcycle Show on Sunday, a lime-green convertible Volkswagen stood out.

Reuters - Spanish builder Ferrovial must sell three of the seven British airports it bought for 10 billion pounds ($18 billion) two years ago under a tougher-than-expected ruling on Wednesday.

Reuters - A joint venture created by LandCap Partners is buying $40 million of troubled land and construction loans from Wachovia Corp The Wall Street Journal said.

Reuters - News Corp (NWSa.N) Chief Executive Rupert Murdoch's total compensation for 2008 fell 14 percent to about $27.5 million, the company said in a regulatory filing.

Reuters - EBay Inc is cutting the fees U.S. sellers on its site pay for fixed-price items, in one of the company's boldest moves this year to boost merchandise for sale, lure new buyers and take on competitors.

Reuters - Oil prices extended gains to $115 a barrel on Wednesday, after a lower U.S. dollar rekindled buying in oil and other commodities.