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Archive: (11 Stories)

GM gets about $343 million for PSA stake

12/13/2013 6:09am
General Motors Co. got about $343 million for its 7 percent stake in French automaker PSA Peugeot Citroen.

Qualcomm names Mollenkopf as next CEO

12/13/2013 7:02am
Qualcomm says that long-time executive Steve Mollenkopf will become its CEO in March.

Polish lawmakers approve 2014 state budget

12/13/2013 7:29am
Poland's lawmakers have approved the 2014 budget that predicts the deficit will be slightly lower than this year's.

End of year shapes up to be prime car-buying time

12/13/2013 10:02am
If the spirit of giving _ or of treating yourself _ has inspired you to buy a car this holiday season, you're in luck. Many local auto dealerships are overflowing with sedans, trucks and SUVs, so there are deals to be had.

GE raises dividend 16 percent to 22 cents

12/13/2013 10:10am
General Electric says it is increasing its quarterly dividend by 3 cents, or 16 percent, to 22 cents.

Judge: Anadarko may be liable in Kerr-McGee case

12/13/2013 10:33am
A U.S. bankruptcy court judge said Anadarko Petroleum may be liable for between $5 billion and more than $14 billion in a legal battle over the 2005 spinoff of the paint materials company Tronox.

News Summary: New daily planned for Los Angeles

12/13/2013 12:38pm
PRINT EXPANSION: The owner of the Orange County Register plans a new daily newspaper in Los Angeles, the boldest step yet in an expansion across Southern California that emphasizes printed publications while others in the industry are focusing on digital.

Boeing adding SC paint facility, acquires land

12/13/2013 1:28pm
Boeing has released more details of its $1 billion expansion in South Carolina, announcing it has acquired more land and will open a painting facility in the state.

News Summary: US Senate next on budget compromise

12/13/2013 1:35pm
NEXT UP: The Democrat-controlled Senate was expected to approve a bipartisan budget agreement next week, sealing a spending deal that would prevent a repeat of last month's damaging government shutdown.

Federal judge approves swipe fee settlement

12/13/2013 3:29pm
A U.S. federal judge has approved a $7.25 billion settlement between merchants and Visa Inc. and MasterCard Inc. over credit card transaction fees.

American Airlines settles 9/11 lawsuit

12/13/2013 4:22pm
American Airlines and its insurers have settled a long-running legal battle with financial-services firm Cantor Fitzgerald, which lost 658 employees when terrorists crashed a hijacked airliner into the World Trade Center.