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Yahoo

World - Take a stroll in these Istanbul neighborhoods


ISTANBUL (AP) — Istanbul, the noisy metropolis on the Bosporus Strait lauded by many a travel ranking, has much more to offer than grand mosques and bazaars. Away from the din of typical tourist haunts, a walk around the neighborhoods of Karakoy, Balat and Kuzguncuk will peel back the surface to reveal the city`s multilayered history, and the lifestyles of those who`ve lived it.


Wednesday, April 16, 2014  15:22

Yahoo

Business - Litigation expenses push Bank of America into loss


(Reuters) - Bank of America Corp posted a first-quarter loss as the No. 2 U.S. bank recorded $6 billion in litigation expenses related to a settlement with the Federal Housing Finance Agency and other mortgage-related matters. Analysts on average had expected earnings of 5 cents per share, according to Thomson Reuters I/B/E/S. BofA`s shares, which have risen 5.3 percent so far this year, were down nearly 2 percent at $16.10 in premarket trading. Bank of America is coming off its best year since before the financial crisis, with 2013 net income of $11.4 billion the highest since 2007. BofA agreed in March to pay $9.5 billion to settle claims that it sold Fannie Mae and Freddie Mac faulty mortgage bonds, helping it to end one of the largest legal headaches it still faced from the financial crisis.


Wednesday, April 16, 2014  12:48

Yahoo

Business - Toyota to recall 6.58 million vehicles for steering, seat problems


Toyota Motor Corp will recall 6.58 million vehicles globally to fix faults in the steering and seats, a company draft statement showed on Wednesday, in one of the largest recalls to date in the global auto industry. The world`s biggest automaker is recalling certain Yaris, Urban Cruiser, RAV4 and Hilux models after identifying faults in the steering column, wiring harnesses and seat railings of 1,058 vehicles. The Yaris is also sold as the Vitz and the Urban Cruiser under the Scion brand as the xA. The recall tally was preliminary and subject to review until a formal announcement in Japan later on Wednesday, a Toyota representative said.


Wednesday, April 09, 2014  06:47

Yahoo

Business - Toyota says to recall 6.58 million vehicles for steering, seat problems


Toyota Motor Corp will recall 6.58 million vehicles globally to fix faults in the steering and seats, a company draft statement showed on Wednesday, in one of the largest recalls to date in the global auto industry. The world`s biggest automaker is recalling certain Yaris, Urban Cruiser, RAV4 and Hilux models after identifying faults in the steering column, wiring harnesses and seat railings of 1,058 vehicles. The Yaris is also sold as the Vitz and the Urban Cruiser under the Scion brand as the xA. The recall tally was preliminary and subject to review until a formal announcement in Japan later on Wednesday, a Toyota representative said.


Wednesday, April 09, 2014  06:22

Yahoo

Business - The Senate Banking Committee Proposes Adoption of an Untried Model to Replace Fannie Mae and Freddie Mac


A lot of ink is being spilled on which side of the aisle is getting the better of the bipartisan deal, but that is a sideshow. The critical question is whether the basic structure proposed as a replacement for Fannie/Freddie would meet the objective of creating effective secondary mortgage markets?


Tuesday, April 15, 2014  23:51

Yahoo

Business - Toyota to recall 6.4 million vehicles for steering, other faults


By Chang-Ran Kim TOKYO (Reuters) - Toyota Motor Corp , in its second-largest recall announcement, said on Wednesday that it would call back 6.39 million vehicles globally, and analysts saw automakers increasingly turning to recalls rather than risk bad publicity or legal costs. Rival General Motors Co is in the midst of its own recall of 2.6 million cars related to an ignition switch problem, which has been linked to at least 13 deaths. Toyota, the world`s biggest automaker said, it was not aware of any crashes or injuries caused by the glitches, which were found in 27 Toyota models including the RAV4 and Yaris subcompact. Toyota said problems were also found in the Pontiac Vibe and the Subaru Trezia, two models the automaker built for General Motors and Fuji Heavy Industries .


Thursday, April 10, 2014  02:13

Yahoo

Business - Toyota to recall nearly 6.5 million vehicles for steering, other faults


Toyota Motor Corp said on Wednesday it would recall 6.39 million vehicles globally for faults affecting various parts ranging from steering to seats in the company`s second-largest recall to date. The world`s biggest automaker said it was not aware of any crashes or injuries caused by the glitches, which were found in 27 Toyota models including the RAV4 SUV and Yaris subcompact. Toyota said faults were also found in the Pontiac Vibe and the Subaru Trezia, two models the automaker built for General Motors and Fuji Heavy Industries. The automaker did not say how much the recall would cost and it was not clear if the faults stemmed from Toyota`s suppliers or its manufacturing process.


Wednesday, April 09, 2014  08:12

NYTimes

Europe - Turkish Court Overturns Part of Law on Judiciary, Loosening Government`s Grip


The Constitutional Court overturned a provision that gave the government of Prime Minister Recep Tayyip Erdogan greater control over the judiciary.


Friday, April 11, 2014  23:59

NYTimes

Europe - Turkish Court Rejects Part of Judiciary Law


The Constitutional Court overturned a provision that gave the government of Prime Minister Recep Tayyip Erdogan greater control over the judiciary.


Friday, April 11, 2014  17:28

Yahoo

World - Syria`s political opposition urges U.S. action after Aleppo `genocide`


ISTANBUL (Reuters) - The western-backed Syrian opposition called on the United States to give `an appropriate response` to what it said was genocide committed by forces loyal to President Bashar al-Assad in Aleppo, the country`s second city. In a letter to U.S. Secretary of State John Kerry dated April 8, the head of Syria`s National Coalition, Ahmad Jarba, also rejected accusations that rebels had targeted Christians and desecrated holy sites in the province of Latakia, on the Mediterranean coast. ...


Monday, April 14, 2014  18:20

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