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Wednesday, May 22, 2013 | 5:43 a.m.

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FILE - In this Wednesday, May 15, 2013, file photo, people are reflected on the electronic stock board of a securities firm in Tokyo. Japan's benchmark Nikkei 225 index has returned more than 40 percent so far in 2013, to roughly 14,000. No other major stock index is even close. The U.S. Standard & Poor's 500 stock index, for instance, has delivered a terrific first four months. It's up 14 percent. (AP Photo/Itsuo Inouye)

Falling yen to make Japan's goods more affordable

Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale. Credit Japan's drive to pump cash into its economy to stimulate growth. The extra money flooding its financial system is helping shrink the value of the yen. A U.S. dollar now buys about ...

4-month strike at PSA Peugeot Citroen plant ends

A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant. PSA Peugeot Citroen said Friday that it had signed an agreement with the CGT union to end the strike, which started ...

China: Cadillac recalling SUVs to fix wheel nuts

China's product safety agency says General Motors Co.'s main Chinese joint venture is recalling Cadillac SUVs to correct a problem with nuts that hold their wheels in place. The General Administration of Quality Supervision, Inspection and Quarantine said Friday that Shanghai GM will recall 2,653 imported Cadillac SRXs. The agency ...

The cockpit of the new S-Class Mercedes is seen during the presentation in Hamburg, Germany, Wednesday, May 15, 2013. The new Mercedes is supposed to have lower fuel consumption and high security standards due to driving assistance.. (AP Photo/dpa/Marcus Brandt)

European car sales up for first time since 2011

The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association. New car registrations in April were up 1.7 percent on the same time last year, the ACEA's latest figures show. Although the April rise has ...

Bond sale to expand Gestamp plant in W.Va. OK'd

West Virginia officials are moving forward with a bond sale to help expand an auto parts stamping plant in South Charleston. The West Virginia Economic Development Authority on Thursday authorized up to $150 million in bonds that will be used to purchase equipment for the Gestamp plant over the next ...

Mich. Senate votes to extend health claims tax

A continuation of a 1 percent tax on health insurance claims passed the state Senate Thursday, but yet to be resolved is how to ensure the levy brings in enough revenue for Medicaid, which serves 1.9 million low-income Michigan residents. The tax, which took effect nearly 17 months ago and ...

This undated image provided by the Insurance Institute for Highway Safety shows a 2014 Subaru Forester during a small overlap frontal crash test. Subaru's 2014 Forester is one of only two of 13 small SUVs that are getting passing grades in front-end crash tests done by the Insurance Institute for Highway Safety. Popular models such as the Honda CR-V, Ford Escape and Jeep Wrangler received only "marginal" or "poor" ratings from the Insurance Institute for Highway Safety. (AP Photo/he Insurance Institute for Highway Safety)

Only 2 of 13 small SUVs do well in crash tests

Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations. Subaru's 2014 Forester was the only vehicle to get the top "good" rating in the results released Thursday. The 2013 Mitsubishi Outlander Sport ...

FOLLOWING IN THE FOOTSTEPS OF SHINTO PRIESTS

c.2013 The International Herald Tribune From The International Herald Tribune SOUTH AFRICAN EDUCATOR PRESERVES AN OLD HOME IN A ONCE-SACRED DISTRICT KYOTO _ Centuries ago, it would have been difficult for anyone other than a Shinto priest to enter the sacred district of Kamigamo, let alone live here. But now ...

Moss Point gets new technology in patrol cars

Moss Point patrol cars are now equipped with new technology to help officers record events as they happen and track criminal activity. The new equipment comes from a $132,000 Juvenile Accountability block grant through the Department of Public Safety. Police Chief Keith Davis tells The Sun Herald (http://bit.ly/14rDhh7 ) the ...

APNewsBreak: Details of NC House tax plan unveiled

House Republicans offered their own North Carolina tax overhaul plan Thursday that would reduce personal and corporate income tax rates and expand the sales tax to cover more services. The proposal's scope is much narrower than what Senate counterparts offered as GOP legislators try to fulfill a commitment to carry ...

FILE - In this Aug. 26, 1988 file photo, Brazilian McLaren-Honda driver Ayrton Senna gives a thumbs-up, his bare thumb sticking through the glove, during the qualifying session for the Belgian Formula One Grand Prix in Francorchamps, Belgium. Japanese car manufacturer Honda is returning to Formula One in 2015 as an engine supplier to the automaker's former partner McLaren of Britain, Honda President Takanobu Ito announced the decision at a press conference in Tokyo on Thursday, May 16, 2013. (AP Photo/Barbara Walton, File)

Honda to return to F1 as engine supplier

Japanese automaker Honda is returning to Formula One in 2015 as an engine supplier to McLaren, recreating a partnership that was dominant in the 1980s and 1990s. Honda president Takanobu Ito announced the decision at a news conference in Tokyo on Thursday, reversing the decision made in 2008 to pull ...

Bowling Green plant to add 100 full-time jobs

An auto parts maker is adding a new building and 100 full-time jobs to its operation in Bowling Green. Kobe Aluminum Automotive Products LLC broke ground Wednesday on its second expansion since November. Gov. Steve Beshear's office said the company plans to add an 87,000-square-foot building with a capital investment ...

Passersby are reflected on the electronic stock board of a securities firm in Tokyo, Wednesday, May 15, 2013. Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. Japan's Nikkei 225 index surged 2.3 percent to 15,096.97. (AP Photo/Itsuo Inouye)

Asia stocks mixed as Wall St. ignores euro gloom

Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street. The European Union statistics office said Wednesday that nine of the 17 countries that use the euro are in ...

UN: $2.5 trillion in disaster losses since 2000

Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report released Wednesday. The U.N. Office for Disaster Risk Reduction warned in the 246-page report that economic losses from floods, earthquakes and ...

Business Highlights

___ Google unveils $10-a-month 'All Access' music plan SAN FRANCISCO (AP) — Google on Wednesday launched a subscription-based music service, allowing users of Android phones and tablets to listen to their favorite songs and artists for a monthly fee. The streaming service, called All Access, is available in the U.S. ...

Drivers worried Pirelli tires are wearing too fast

Tires shredded like paper, rubber flew everywhere and cars flitted in and out of pit lane like shoppers in a supermarket parking lot. On a frustrating day for drivers and fans alike, nearly 80 pit stops were made during Sunday's Spanish Grand Prix, highlighting what has become a major concern ...

This undated image made available by Chrysler shows the 2013 Jeep Patriot. (AP Photo/Chrysler, AJ Mueller)

Big Mercedes-Benz GL-Class SUV is in demand

The high mark for sales of big sport utility vehicles came years ago, but don't tell that to Mercedes-Benz customers. Through the first four months of 2013, they have boosted sales of the Mercedes full-size GL-Class SUV 27.5 percent above last year's level, to nearly 11,000. And low supplies are ...

Workers  participate in the construction of  an office tower in the business district of La Defense, west of Paris, Tuesday May 14, 2013. President Francois Hollande has promoted a bill as one of his administration's signature pieces of legislation designed to overhaul the country's notoriously hidebound labor market. It includes measures such as making it easier for workers to change jobs and for companies to fire employees.(AP Photo/Remy de la Mauviniere)

Eurozone recession is now longest in currency bloc

The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009. The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, ...

US factory output falls 0.4 percent in April

U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing. The Federal Reserve said Wednesday that factory output dropped 0.4 percent in April, the third decline ...

Fact sheet: 2013 Mercedes-Benz GL350

2013 Mercedes-Benz GL350 Bluetec 4Matic BASE PRICE: $62,400. PRICE AS TESTED: $85,020. TYPE: Front-engine, four-wheel drive, seven-passenger, full-size, luxury sport utility vehicle. ENGINE: 3-liter, turbocharged, direct-injected, Bluetec diesel, 72-degree V-6. MILEAGE: 19 mpg (city), 26 mpg (highway). TOP SPEED: 130 mph. LENGTH: 201.6 inches. WHEELBASE: 121.1 inches. CURB WEIGHT: 5,467 ...

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