S tories Report on Business is following today : Toyota repairs to begin this week Toyota Motor Corp., bruised by a massive recall and related production shutdown, says repairs on vehicles will begin this week. The company said in a statement this morning the repair involves putting a steel reinforcement bar into the gas pedal assembly to ease the tension that has caused pedals to stick. Canadian dealers will begin receiving the replacements Wednesday.

W arner Home Video is ending its agreement with Toronto-based supplier Cinram International CRW.UN-T , one of the world’s biggest DVD manufacturers. It will be a huge blow to the Canadian income fund, which estimates about 28 per cent of its revenue last year came from Warner Home Video.

C hina has begun moving at the margins to withdraw excess cash from the financial system, as a spike in lending in the first few weeks of the year prompted concerns that credit growth was getting out of hand. The moves, which have included increasing banks’ required reserves as well as additional punitive reserve requirements for some banks, have prompted jitters in global markets as investors worry that tightening in the world’s third-largest economy could drag down growth both in China and elsewhere. Following are some possible next steps Beijing will take, together with their likely ramifications: Gradual ramping up of tightening measures Most likely

P ersonal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades. The Commerce Department said Monday that incomes rose by 0.4 per cent, the sixth increase in a row.

Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades. The Commerce Department said Monday that incomes rose by 0.4 percent, the sixth increase in a row. That’s slightly better than analysts’ expectations of 0.3 percent growth

President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs. The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year’s then unprecedented $1.41 trillion gap. The deficit would remain above $1 trillion in 2011 although the president proposed to institute a three-year budget freeze on a variety of programs outside of the military and homeland security as well as increasing taxes on energy producers and families making more than $250,000

Recent studies have shown clients are considering moving assets or changing advisors. This month, we’ve been focused on rejuvenating your office and practice without breaking the bank. I hear from advisers on a regular basis that they need ways to attract new clients, while at the same time they are working hard to retain the ones they have.