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Archive: (11 Stories)

Toyota freshens Lexus image to woo young

08/23/2013 6:38am
Toyota's luxury brand Lexus is trying to shake off its stodgy image. So it's opening a cafe.

What does Obama want to do with college costs?

08/23/2013 6:39am
President Barack Obama is pitching an overhaul of federal student aid that would link dollars to the Education Department's ratings of colleges and universities. His proposal would give students at better-rated schools cheaper loans or bigger grants.

Dutch gov't to reprivatize ABN Amro via listing

08/23/2013 8:06am
The Dutch government plans to re-privatize ABN Amro NV, the bank that was nationalized five years ago to help prevent a meltdown of the financial system, via a stock market listing that will happen next year at the earliest, Prime Minister Mark Rutte said Friday.

P&G hiked ex-CEO's pay to $15.9M for last year

08/23/2013 8:26am
Procter & Gamble Co. gave former CEO Bob McDonald a pay package worth $15.9 million during his final full year at the helm of the world's largest consumer products maker, representing a 5 percent increase from the previous year.

Indonesia curbs luxury car imports as rupiah dives

08/23/2013 9:25am
Indonesia said Friday that it would curb imports of luxury cars and take other steps to bolster national finances as Southeast Asia's largest economy suffers a slumping currency and stock market.

News Summary: 'Hyperloop' gains fans

08/23/2013 9:46am
HYPED: Within days of billionaire entrepreneur Elon Musk's request for ideas to improve his proposed "Hyperloop" transportation system, a flood of submissions, from tinkerers to engineers, has arrived.

Smart Spending: Finding deals for college students

08/23/2013 11:45am
That plastic college ID card is worth more than you think.

Report: 2 stock-exchange rivals in merger talks

08/23/2013 1:15pm
Two electronic stock-exchange companies are in advanced talks on a merger that would create the second-biggest stock market operator in the U.S., according to a news report.

BofA reviewing work conditions for junior workers

08/23/2013 1:59pm
Bank of America Merrill Lynch said Friday that it will be reviewing working conditions of its employees, particularly those of junior staffers, after the death of one of its interns.

Nasdaq breakdown puts pressure on crisis work

08/23/2013 3:31pm
The latest high-tech disruption in the financial markets increases the pressure on Nasdaq and other electronic exchanges to take steps to avoid future breakdowns and manage them better if they do occur.

IMF head: Weak nations still need central-bank aid

08/23/2013 6:36pm
The head of the International Monetary Fund cautioned the world's major central banks Friday not to withdraw their unconventional support for weak economies too soon.