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Exclusive: Cadillac's new boss maps out product blitz by 2020

Cadillac's new boss plans a blitz of new products by 2020, from a pure battery-electric car to an ultra-luxury sedan, that he hopes will help resurrect General Motors' (GM.N) struggling premium brand and make it a global powerhouse.

Oct 10, 2014 11:29 AM EDT

Markets

GM says Sept China auto sales up 15.2 percent year-on-year

General Motors Co (GM.N) and its Chinese joint ventures sold 319,936 vehicles in China in September, up 15.2 percent from a year earlier, the U.S. automaker said on Friday

World

Nissan says Sept China auto sales down 20 percent year-on-year

Japanese automaker Nissan Motor Co Ltd (7201.T) said on Friday that, together with its Chinese joint venture partner, it sold about 93,700 automobiles in China in September, down 20 percent from a year earlier.

Markets

BMW outsells Audi, Mercedes but lead over rivals shrinking

BMW (BMWG.DE) outsold German rivals Audi and Mercedes-Benz in September thanks to strong demand in Europe, but the gap between the three luxury car brands has narrowed this year in a fierce sales race.

Nissan recalls 238,000 2013 Altima sedans on hood latch issue

Nissan Motor Co is recalling about 238,000 Altima sedans from the 2013 model year because a secondary hood latch may not hold, increasing the risk of a crash, U.S safety regulators and the company said on Friday.

Oct 10, 2014 11:03 AM EDT

How to budget for three popular retirement trips

Where is retirement going to take you? If you're like most people, you're dreaming of grand European tours, African safaris, maybe even Antarctica.

Oct 09, 2014 11:44 AM EDT

Food fights: Keeping that grocery bill trim

It was a revelation for Vanessa Ali when she took her boyfriend Kevin Tomas food shopping for the first time. He took one look at the prices and told her to put everything back.

Oct 09, 2014 11:41 AM EDT

Facebook has no near-term plan to monetize WhatsApp: CEO

Facebook Inc (FB.O), which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday.

Oct 09, 2014 11:36 AM EDT

Icahn urges Apple to buy back more shares

Billionaire activist investor Carl Icahn said Apple Inc's (AAPL.O) shares could double in value and urged the company's board to buy back more shares using its $133 billion cash pile.

Oct 09, 2014 11:32 AM EDT

Drop in U.S. jobless claims points to labor market strength

The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market.

Oct 09, 2014 11:28 AM EDT

Thai traffic cops offered cash to turn down bribes

Thailand's traffic policemen will get money in return for refusing bribes, police said on Thursday, part of the junta's efforts to combat what it has called an ingrained culture of corruption within the force.

Oct 09, 2014 11:15 AM EDT

Energy shares extend recent decline

Energy shares were once against the biggest losers of the day in morning trading on Thursday, continuing a recent trend of weakness amid falling oil prices.

Oct 09, 2014 11:01 AM EDT

BMW hires Ferrari's former chief engineer to polish tech prowess

BMW (BMWG.DE) has hired Ferrari's former chief engineer as it seeks to strengthen its technical prowess amid intensifying competition with rival German luxury carmakers Audi and Mercedes-Benz.

Oct 09, 2014 10:55 AM EDT

Audi sells fewer cars than Mercedes as competition intensifies

Audi (VOWG_p.DE) sold fewer cars than rival Mercedes-Benz for the first time this year in the latest sign that the sales rivalry among Germany's top luxury automakers is intensifying.

Oct 09, 2014 10:49 AM EDT

Five ways to get help with your 401(k)

When Chris Costello wanted to test his new online 401(k) advice service called blooom, he asked his sister if she would let him peek under the hood of her account.

Oct 08, 2014 11:47 AM EDT

Jennifer Lawrence says photo hacking is sex crime: magazine

Oscar winner Jennifer Lawrence, one of dozens of actresses, models and celebrities whose intimate images have been posted online, spoke about the photo hacking scandal for the first time on Tuesday, saying it is a crime and sexual violation.

Oct 08, 2014 11:45 AM EDT