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AP Top Business News At 5:18 a.m. EDT

Sony chief says time needed to study proposal
TOKYO (AP) -- Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders Thursday....

Men's Wearhouse ousts founder, pitchman Zimmer
NEW YORK (AP) -- Men's Wearhouse doesn't like the way its founder looks anymore....

Fed suggests it's closer to slowing bond purchases
WASHINGTON (AP) -- In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening....

Car quality dinged by tech glitches, survey finds
DETROIT (AP) -- Car buyers increasingly want high-tech features like voice recognition and navigation. But they're not very forgiving of the car company when those systems fail....

Oil falls below $97 on likely Fed tapering
BANGKOK (AP) -- Oil prices fell Thursday, a day after the Federal Reserve indicated it could begin to wind down its massive stimulus program later this year, as long as the U.S. economy remains on the upswing....

Stocks slide as Fed says bond purchases could slow
NEW YORK (AP) -- Financial markets shuddered Wednesday after the Federal Reserve said it could start scaling back its huge economic stimulus program later this year and end it by the middle of next....

5 points to know about the health care overhaul
Still a little hazy about the health care overhaul? You have plenty of company....

IRS draws new criticism over $70M employee bonuses
WASHINGTON (AP) -- Already reeling from a pair of scandals, the Internal Revenue Service is drawing new criticism over plans to hand out millions of dollars in employee bonuses....

France threatens Google with privacy fines
PARIS (AP) -- France is giving Google three months to abide by the country's data privacy laws or be fined....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Oil falls below $97 on likely Fed tapering

Bernanke clarifies Fed plan to cut bond purchases

GAO says airline merger would reduce competition

Men's Wearhouse ousts founder, pitchman Zimmer

How Fed policymakers affect the economy

Fed's moves to aid economy since financial crisis

Bluebird Bio shares rocket higher in trading debut

FedEx 4Q profit drops as priority services lag

News Summary: Men's Wearhouse ousts founder

News Summary: Dow slides 206 points on Fed