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Ford declines comment on Europe CEO's reported departure

U.S. carmaker Ford (F.N) declined comment on Thursday on a report saying the head of its loss-making European operations will be replaced by a candidate from within the company.

Nov 07, 2014 7:47 AM EST

Markets

Exclusive: Struggling in India, Toyota asks Daihatsu minicar unit to help - sources

Toyota Motor Corp (7203.T) is struggling to crack the affordable end of India's car market and has called on mini-car affiliate Daihatsu for help - a tacit admission that the Japanese autos giant doesn't always get it right in emerging markets.

Markets

Takata executives ordered technicians to erase air bag test results: report

Takata Corp, the Japanese auto parts maker at the center of a global vehicle recall, ordered its technicians to destroy results of tests on some of its air bags after finding cracks in air bag inflators, the New York Times said on Friday.

Markets

Facing U.S. safety probe, Honda expands air bag recall

Honda Motor Co, facing a U.S. safety probe, strengthened its recall of U.S. cars to replace potentially defective Takata Corp air bags linked to several deaths.

Dow, S&P hit records in volatile trading

U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh records on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy.

Nov 06, 2014 4:02 PM EST

Speaker Boehner touts bills to build Keystone, repeal Obamacare

Legislation allowing the construction of the Keystone oil pipeline from Canada to the U.S. Gulf of Mexico, repealing Obamacare and reducing the nation's debt are at the top of Republicans' 2015 agenda, House of Representatives Speaker John Boehner said on Thursday.

Nov 06, 2014 4:00 PM EST

U.S. third-quarter productivity beats forecasts; pay increasing

Productivity at U.S. nonfarm businesses increased more than expected in the third quarter, keeping a lid on wage inflation.

Nov 06, 2014 9:54 AM EST

Acer swings to third-quarter profit; beats estimates

Taiwanese personal computer (PC) maker Acer Inc swung back into profit in the third quarter, beating analyst estimates, thanks to cost-cutting and recovery in the overall PC market.

Nov 06, 2014 7:55 AM EST

Palo Alto Networks discovers new malware targeted at Apple devices

Palo Alto Networks Inc (PANW.N) has discovered a new family of malware that can infect Apple Inc's (AAPL.O) desktop and mobile operating systems, underscoring the increasing sophistication of attacks on iPhones and Mac computers.

Nov 06, 2014 7:51 AM EST

Special Report: In oil baron's divorce, company lawyer plays star role

During the divorce trial of oil baron Harold Hamm and wife Sue Ann, an unusual relationship took shape in the Oklahoma courtroom as the marriage was being dismantled.

Nov 06, 2014 7:47 AM EST

Tesla third-quarter loss doubles to $75 million, shares jump

Tesla Motors Inc (TSLA.O) shares rose more than 7 percent in after-hours trading on Wednesday after the electric-car maker beat analysts' expectations for third-quarter results.

Nov 06, 2014 7:39 AM EST

GM tells court it not liable for claims over pre-bankruptcy cars

General Motors (GM.N) said in a court filing on Wednesday that it should not have to face lawsuits based on safety issues in cars made before its 2009 bankruptcy, including a faulty ignition switch that led to the recall of 2.6 million cars earlier this year.

Nov 06, 2014 7:33 AM EST