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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


Canada businesses impatient for China growth as Harper promotes trade

Canadian Prime Minister Stephen Harper kicked off a visit to China on Friday facing criticism that the troubled diplomatic relationship between the two nations has hampered trade, but promptly raised concern about human rights during the mostly business portion of his trip.

Nov 07, 2014 9:06 AM EST


Disney profit meets estimates with help from 'Guardians' film

Walt Disney Co (DIS.N) posted quarterly profit that fell in line with Wall Street expectations as the media and theme park giant rode the blockbuster performance of its movie box office hits "Maleficent" and "Guardians of the Galaxy."

Nov 07, 2014 9:01 AM EST


U.S. payrolls rise, unemployment rate falls to 5.8 percent

U.S. job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 percent, underscoring the economy's resilience in the face of slowing global demand.

Nov 07, 2014 8:55 AM EST


U.S. fracking firms stay in top gear despite oil price slump

Unfazed by slumping oil prices and battering in the stock market, firms that supply sand and guar gum for shale oil and gas companies are not ready yet to call an end to a four-year boom spurred by hydraulic fracturing technology.

Nov 07, 2014 8:50 AM EST


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