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5 Winners and Losers of the Week in Business

It's been an interesting week in the world of business, from a smartphone pioneer losing another major client, to travel troubles on land and sea that have cost two companies some serious goodwill. Here's a rundown of this week's biggest wins and losses.

BP's Prediction: Your Old Car Is Almost Obsolete

When a major oil company predicts that the era of gas-powered cars is coming to an end soon, the rest of us might want pay attention. According to BP, you've got maybe 18 years left before your car is obsolete -- and probably a lot less than that.

3 Reasons Why You're Not Buying an Electric Car

The electric car has arrived, but odds are that there isn't one in your driveway. Several factors have gotten in the way of the eco-friendly automotive revolution, but at least now we can ask conspiracy theorists -- who argue that oil companies and the government are blocking plug-in cars from the road -- to leave the room and take their tinfoil hats with them. The electric car is here; drivers simply don't want them yet.

Hating These Stocks Can Be Hazardous to Your Wealth

If you think a stock will fall, you can still profit on it -- by shorting it: Just sell shares you've "borrowed," then buy them later, ideally at a lower price. But it can be risky. Here are 5 companies you might be tempted to bet that way against -- and shouldn't.

Will You Buy an Electric Car? Tesla Hopes So

Upstart automaker Tesla Motors confirmed this week that its groundbreaking Model S, an all-electric luxury-sports sedan, was on track to enter production by this summer. It already has pre-orders for more than 8,000. Is the moment coming soon when electric cars go mainstream?

Toyota Revives Miss. Plant, Will Boost U.S. Production

Toyota plans to rev up its vehicle production in the U.S., despite November's 7.3% drop in U.S. sales. The automaker has hired the first of an expected 2,000 workers for a new Mississippi Corolla plant, and says it expects to boost overall capacity utilization significantly from last year's weak levels.

Church: A Place to Recharge Your ... Car?

Fueling up your car at a church seems like a novel idea. But the emergence of an electric car market has resulted in a charging station at the Wooden Cross Lutheran church some 25 miles northeast of Seattle.

IPO Filing Offers Peek Under the Hood of the New GM

A little more than a year ago, bankrupt GM required a massive government bail-out. Today the company began its return to Wall Street by formally filing to hold an IPO. Yet it remains unclear if the once-troubled automaker will be a good investment.