Business Briefs

 
| Published: July 24, 2009   

NATION

Toyota plant’s future unclear
NEW YORK — Toyota Motor Corp. has decided to liquidate its stake in a California manufacturing plant that it jointly operated with General Motors, a Japanese news agency reported Thursday. The Japanese carmaker will begin negotiating with the "Old GM” about the plant’s future starting next week, Kyodo News reported, citing unnamed company officials. Toyota spokesman Mike Goss would not confirm that the Japanese automaker had made a final decision on the fate of New United Motor Manufacturing Inc. Goss said Toyota will begin negotiations with the GM officials about the plant and added that the company is conducting an "extensive review” of its production needs.

3M’s results fall 17 percent
ST. PAUL, Minn. —...
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