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Strikes cast shadow over Ford's South African investment prospects

U.S. carmaker Ford is hesitant about investing further in its South African operation because of repeated production stoppages caused by strikes, its regional chief said on Thursday.

Nov 13, 2014 12:32 PM EST


The biggest surprises in retirement? The experts weigh in

The Great Recession served up some nasty financial surprises to people approaching retirement - the housing crash, job loss and shrunken 401(k)s, for starters.

Nov 11, 2014 9:54 AM EST


Exclusive: Apple's enterprise assault gets into higher gear

Apple Inc (AAPL.O) is embarking on its most aggressive expansion yet onto corporate turf, hiring a dedicated sales force to talk with potential clients like Citigroup Inc (C.N) and working in concert with a dozen or so developers, two sources familiar with its plans say.

Nov 11, 2014 9:49 AM EST


Aluminum-intensive Ford F-150 truck on sale in December

Ford Motor Co on Tuesday is scheduled to begin production of its redesigned, aluminum-intensive F-150 full-size pickup truck, a key profit generator for the No. 2 U.S. automaker that will go on sale next month.

Nov 11, 2014 9:44 AM EST


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


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


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