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Archive: (15 Stories)

GM re-enters small-pickup market with Colorado

11/20/2013 3:38am
GM has reimagined its small pickup truck to cater to outdoorsy folks who haul smelly wet dogs and kayaks. In other words, Subaru buyers.

Lowe's 3Q results rise, lifts fiscal 2013 outlook

11/20/2013 10:03am
Lowe's third-quarter net income increased 26 percent and the home-improvement retailer raised its outlook for the year as it gets a lift from the housing market's ongoing recovery.

Devon Energy buying Eagle Ford assets for $6B

11/20/2013 10:27am
Devon Energy Corp. is buying oil-producing assets and other property in the Eagle Ford shale formation in Texas from GeoSouthern Energy for $6 billion.

Philip Morris Int'l to enter e-cigarette market

11/20/2013 11:28am
Philip Morris International Inc. said Wednesday it plans to enter the growing electronic cigarette business late next year and accelerate the launch of its reduced-risk products.

Hungary fines 11 banks $43 million for collusion

11/20/2013 11:28am
Hungary's competition watchdog says it has fined 11 banks a total of 9.48 billion forints ($43 million) for collusion in connection with their clients' repayments of mortgages denominated in foreign currencies.

Tribune Co. to cut 700 jobs at newspaper division

11/20/2013 1:34pm
Tribune Co. says it's eliminating about 700 jobs as part of a restructuring of its newspaper business.

Subaru unveils new WRX performance car

11/20/2013 1:37pm
Subaru is on a tear. The new WRX will help it go even faster.

J.C. Penney's 3Q loss widens; sales even out

11/20/2013 1:42pm
Even though J.C. Penney's latest results show the beleaguered retailer is hardly out of the woods, investors still see reasons to cheer.

Correction: Finland-Nokia-News Summary

11/20/2013 2:24pm
In a summary Nov. 19 of a story about Nokia, The Associated Press reported erroneously that the company's shareholders had approved the sale of a portfolio of patents to Microsoft as well as the ailing cellphone and services division. In fact, Nokia is selling a license to a portfolio of patents as well as the cellphone and services division.

Feds tighten crash test advertising rules

11/20/2013 2:48pm
A U.S. safety agency is tightening the guidelines that control how automakers use government crash tests in advertising.

Yum president leaving under reorganization

11/20/2013 3:52pm
Yum Brands says its president is leaving as part of a reorganization that will bring together U.S. and international divisions for each of its three chains _ KFC, Pizza Hut and Taco Bell.

Leveraging time: Retirement saving for millennials

11/20/2013 4:08pm
When it comes to saving for retirement, time can be our biggest ally, or worst enemy. For workers in their 20s, it's often both.

NHTSA chief Strickland discusses Tesla probe

11/20/2013 4:38pm
The National Highway Traffic Safety Administration, which is the government's auto safety watchdog, announced this week that it would investigate the Tesla Model S electric car after two of the vehicles struck road debris and caught fire. Tesla is cooperating with the investigation, which may or may not lead to a recall if NHTSA finds a safety defect.

American Airlines testing bidding for upgrades

11/20/2013 5:20pm
American Airlines is testing the idea of letting customers bid for upgrades to first class.

Hydrogen cars could be headed to showroom near you

11/20/2013 6:43pm
Cars that run on hydrogen and exhaust only water vapor are emerging to challenge electric vehicles as the world's transportation of the future.