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Hyundai, Kia unveil share buybacks after anger over property purchase

Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) unveiled share buybacks worth a combined 670 billion won ($615 million), in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters.

Nov 11, 2014 9:41 AM EST


How to give the gift of college this holiday season

Saving for college can be tough, but many families do not tap a potentially generous resource: relatives and friends.

Nov 10, 2014 10:35 AM EST


Retirement withdrawal strategies that can pay off big

Having your own tax-deferred retirement account is a bit like having one of those self-titrating morphine buttons that hospitals use: Press it whenever you need quick relief.

Nov 10, 2014 10:34 AM EST


Samsung Electronics to build $3 billion smartphone plant in Vietnam

South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

Nov 10, 2014 10:28 AM EST


Obama asks FCC for strong net neutrality rules

U.S. President Barack Obama took a strong stance on Monday on new 'net neutrality' regulations being drafted by the Federal Communications Commission, saying the agency should reclassify broadband to regulate it more like a public utility.

Nov 10, 2014 10:23 AM EST


New rules proposed to put an end to 'too big to fail' banks

Global regulators on Monday proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses.

Nov 10, 2014 10:18 AM EST


Food costs eating into consumers' saving at the pump as holidays near

Martha Franco says she hadn't really noticed the sharp drop in gasoline prices, even though the mother of three is always shuttling the kids around in her SUV. She has been paying closer attention to the soaring cost of meat instead.

Nov 10, 2014 10:10 AM EST


Wall Street set to open flat after three-week run

U.S. stocks were poised for a flat open on Monday, after the Dow and S&P 500 advanced for a third straight week to fresh record highs.

Nov 10, 2014 10:02 AM EST


Ford Europe chief and global marketing head to switch jobs

Two of Ford Motor Co's (F.N) top executives will switch positions, the U.S. carmaker said on Friday, as new boss Mark Fields looks to develop senior managers.

Nov 10, 2014 9:45 AM EST


Honda CEO says to prioritize quality over sales target

Honda Motor Co's CEO (7267.T) said he would prioritize quality improvements over the company's target of selling 6 million cars in the year starting April 2016, as the automaker recalls millions of cars to fix potentially defective air bags.

Nov 10, 2014 9:42 AM EST


GM ordered new switches months before recall: WSJ

General Motors Co (GM.N) ordered half a million replacement ignition switches almost two months before it alerted federal safety regulators of the issues that prompted a recall of millions of vehicles, the Wall Street Journal reported, citing email exchanges between the automaker and its supplier Delphi Automotive Plc (DLPH.N).

Nov 10, 2014 9:35 AM EST


Home Depot says about 53 million email addresses stolen in breach

Home Depot Inc, the world's largest home improvement chain, said hackers stole about 53 million email addresses in addition to customer data for 56 million payment cards previously disclosed by the retailer.

Nov 07, 2014 9:14 AM EST


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