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Ford recalls 65,000 Fusion models on ignition key issues

Ford Motor Co (F.N) on Tuesday said it is recalling about 65,000 Fusion sedans in North America because the key can be removed from the ignition even if the car is not in the "park" position 30 minutes after the ignition is off, the company said.

Nov 18, 2014 10:57 AM EST

Personal Finance

A guide to figuring out your real cost of college

Many parents will not learn how much they must pay for their children's college education until financial aid packages arrive this spring. By then it may be too late to get a better deal.

News

U.S. military scrambles to keep its edge despite budget woes

Short of funds, and awash in global challenges, the U.S. military-industrial complex is betting on robotics and other new technologies to stay ahead of rapid advances in weapons development by China, Russia and other potential foes.

News

Republicans weigh government shutdown to stop Obama on immigration

One Republican leader on Sunday held open the possibility that his party could move to shut down the government in an attempt to stop President Barack Obama from taking executive action on immigration policy.

Japan recession weighs on Wall Street but M&A supports

U.S. stocks dipped on Monday, following four consecutive weeks of gains on Wall Street, as energy shares fell alongside crude futures after Japan slipped into recession.

Nov 17, 2014 12:03 PM EST

Allergan agrees to $66 billion Actavis deal; Valeant walks

Allergan Inc (AGN.N) on Monday accepted a $66 billion takeover bid from Actavis Plc (ACT.N), closing the door on a hostile offer from activist investor William Ackman and Valeant Pharmaceuticals International Inc (VRX.TO).

Nov 17, 2014 11:59 AM EST

Fiat Chrysler CEO ordered to give deposition in Jeep fire lawsuit: WSJ

A judge has ordered Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N), to give a deposition in a Georgia lawsuit involving a 4-year-old boy killed in a Jeep fuel-tank fire, the Wall Street Journal reported on Saturday.

Nov 17, 2014 11:56 AM EST

What is a recall? Carmakers confuse U.S. drivers in deadly air bag saga

In recent weeks, hundreds of thousands of U.S. Toyota drivers have received a stern warning by first-class mail: Immediately drive to your dealer to replace a flawed air bag, and in the meantime don't let anyone sit on the passenger side.

Nov 17, 2014 11:53 AM EST

Ford shares poised for a rebound: Barron's

Ford Motor shares may be in for a rebound and could climb 30 percent in a year, said Barron's financial newspaper in its edition to be published Monday.

Nov 17, 2014 11:50 AM EST

Ford: Mustang driver injured by air bag fragment in North Carolina crash

Ford Motor Co F.N. said on Sunday night it was cooperating with U.S. safety regulators investigating a report the driver of a 2007 Ford Mustang was injured in August by a metal fragment from the car’s air bag.

Nov 17, 2014 11:47 AM EST

GM ignition-switch claims deadline extended to Jan. 31

The deadline to file claims under General Motors Co's faulty ignition-switch compensation program has been extended by one month to Jan. 31, 2015, the program's administrator, Kenneth Feinberg, said on Sunday.

Nov 17, 2014 11:43 AM EST

EU says Starbucks' 'very low' Dutch tax deal may be illegal

A tax deal the Netherlands cut with Starbucks Corp (SBUX.O) may be illegal state aid, European Union regulators said on Friday, part of a crackdown on members attracting investment by helping companies to avoid tax.

Nov 14, 2014 12:32 PM EST

Exclusive: Ex-wife of US oil baron to appeal $1 billion divorce award

Sue Ann Hamm, the ex-wife of Oklahoma oil magnate Harold Hamm who was awarded cash and assets worth more than $1 billion in the couple's divorce this week, plans to appeal the judgment on grounds that it grossly undervalues the marital wealth she is entitled to.

Nov 14, 2014 12:30 PM EST

IEA sees new era, no quick rebound in oil prices

The oil market has entered a new era with lower Chinese economic growth and booming U.S. shale output, making a return soon to high prices unlikely, the West's energy watchdog said on Friday.

Nov 14, 2014 12:27 PM EST

Obama, in latest climate move, to pledge $3 billion for global fund

President Barack Obama will announce a $3 billion U.S. contribution to an international fund to help poor countries cope with the effects of climate change, an administration official said on Friday.

Nov 14, 2014 12:25 PM EST

U.S. House set to pass Keystone, but Senate a vote shy

The Republican-led U.S. House of Representatives prepared to approve the Keystone XL pipeline on Friday, but a similar bill struggled to get enough support in the Senate and President Barack Obama indicated he might use his veto if the bill does get through Congress.

Nov 14, 2014 12:22 PM EST