US state of New Jersey will host the Grand Prix of America in 2013, governor Chris Christie has announced. Formula 1 returns to the USA in 2012 for the first time since 2007 with the US Grand Prix in Austin, Texas.

continue reading.....

Consumer spending picked up last month, funded by a reduction in savings. Personal spending rose 0.6% to $68.7bn (£42.7bn) in the month, having risen 0.2% in August, according to figures from the Commerce Department.

continue reading.....

Amazon has revealed that 11 companies have filed patent lawsuits against it since the start of the year – more than three times as many as in all of 2010. The online store made the declaration in a filing to US financial regulators.

continue reading.....

HP completes Autonomy buyout has completed the $12bn buyout of UK software firm Autonomy, despite the departure of the man who initiated it. Leo Apotheker was replaced as HP chief executive last month amid falling sales and a share price collapse.

continue reading.....

US economy grew at an annualized rate of 1.3% between April and June, the Commerce Department has said in its third estimate for the quarter. This is higher than the 1% growth it reported in its

continue reading.....

American Airlines shares plummet on bankruptcy Talk Shares in American Airlines parent company have ended the day down 33% on fears the airline may have to seek bankruptcy protection. At one point shares in AMR fell by as much as 41% in New York on Monday, sparking automatic halts in trading.

continue reading.....