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April 20th, 2014
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Archive: News / Biz / Business & Finance (22 Stories)

Germany's Merck to buy materials supplier AZ

12/05/2013 1:06am
Germany's Merck KGaA has announced plans to buy AZ Electronic Materials, which supplies high-tech materials for the electronics industry, for about 1.6 billion pounds ($2.6 billion).

GM to largely pull Chevrolet from Europe

12/05/2013 7:34am
General Motors Co. plans to largely withdraw its Chevrolet brand from Europe from the beginning of 2016, focusing more sharply on its main Opel and Vauxhall brands.

Kroger 3Q profit in line; maintains outlook

12/05/2013 8:11am
Kroger's net income fell nearly 6 percent during the third quarter, partly on the costs from the pending acquisition of Harris Teeter.

China bars banks from handling bitcoins

12/05/2013 8:51am
Bitcoins suffered a new setback after China's central bank said Thursday its banks and payment systems are barred from handling the virtual currency.

BP pushes technical limits to tap extreme fields

12/05/2013 9:14am
BP's strategy after the Deepwater Horizon tragedy: Go deeper.

First Ford Mustang owner helps welcome new model

12/05/2013 10:25am
Gail Wise didn't know she was getting anything special when she drove away from a Chicago Ford dealership in the spring of 1964 in the first Mustang ever sold.

The monthly jobs report can cause big market moves

12/05/2013 11:59am
The government's monthly survey of the U.S. job market is always important on Wall Street. It's even more important these days. Investors are trying to figure out when the Federal Reserve will decide that the economy is strong enough to thrive without its extraordinary stimulus measures.

Lew calls for tighter global bank oversight

12/05/2013 12:37pm
Treasury Secretary Jack Lew says the world's biggest economies need to do more to bolster financial rules to avoid a repeat of the disastrous 2008 financial crisis.

Lew calls for tighter global bank oversight

12/05/2013 1:26pm
The world's biggest economies need to do more to bolster financial rules to avoid a repeat of the disastrous 2008 financial crisis, Treasury Secretary Jacob Lew said Thursday.

Toyota to reveal Camry update plans in 2 weeks

12/05/2013 1:48pm
In about two weeks, Toyota will describe plans to update America's top-selling car, the Camry midsize sedan.

Three Questions: Ford design chief talks Mustang

12/05/2013 1:53pm
Designers at Ford Motor Co. went through thousands of sketches and 15 clay models to arrive at the 2015 Mustang. The new Mustang is lower and wider than its predecessor, but with elements that recall the original pony car from 1964, including a long hood, short rear deck and sloping fastback profile. The trapezoid grille with the Mustang logo is still there, but the headlights are narrower and more menacing.

Bigger worries are swirling around small stocks

12/05/2013 2:10pm
Small stocks have brought big joy this year, but they've been so generous that some mutual fund managers question how much they have left to give.

FedEx to raise ground and home delivery rates

12/05/2013 2:23pm
FedEx will raise its FedEx Ground and FedEx Home Delivery rates in January in addition to raising express shipping rates.

Shell scraps plans to build $12.5B plant in La.

12/05/2013 2:24pm
Royal Dutch Shell has decided to abandon plans to build a massive $12.5 billion plant in Louisiana that would have turned natural gas into liquid fuels like diesel.

At 50, new-look Mustang still has plenty of muscle

12/05/2013 2:45pm
The Ford Mustang is still galloping at 50.

Fast-food protests return amid push for wage hikes

12/05/2013 3:06pm
Fast-food workers and labor organizers marched, waved signs and chanted in cities across the country on Thursday in a push for higher wages.

SolarCity to back up solar with Tesla batteries

12/05/2013 3:54pm
The solar panel installer SolarCity is beginning to address one of solar power's big drawbacks: The sun doesn't always shine.

US approves Southwest, Virgin for LaGuardia slots

12/05/2013 4:30pm
The government will let Southwest Airlines and Virgin America buy takeoff and landing rights at New York's LaGuardia Airport that American Airlines and US Airways agreed to sell to win approval for their merger.

Customer information of JPMorgan's UCard hacked

12/05/2013 5:23pm
JPMorgan Chase & Co. said Thursday that about 465,000 users of a prepaid cash card may have had their personal information hacked.

J.C. Penney facing SEC inquiry on finances

12/05/2013 6:05pm
J.C. Penney says the SEC is looking into its liquidity, debt and other financial matters.

Fast-food strikes return amid push for wage hikes

12/05/2013 6:55pm
Fast-food workers and labor organizers are marching, waving signs and chanting in cities across the country Thursday amid a push for higher wages.

Nissan looks to no-frills China brand for revival

12/05/2013 7:19pm
His Chinese sedan was a disappointment. So when truck driver Xie Yanzhen needed to replace it, he turned to Venucia, a 2-year-old no-frills brand launched by Nissan and a Chinese partner.
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