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Markets

Keystone pipeline approval bills advance in Congress

Legislation to approve the controversial Keystone XL oil pipeline began racing through the U.S. Congress on Wednesday as Democrats and Republicans appeared to be coming together in a challenge of President Barack Obama's oversight of the project.

Nov 13, 2014 1:20 PM EST

Markets

Americans are quitting their jobs more, and that's a good thing

In a paradoxically good development for the U.S. economy, Americans quit their jobs in September at the fastest rate in over six years.

Markets

Wall Street flat as energy shares weigh

U.S. stocks were little changed on Thursday, with the Dow and S&P retreating from their latest record highs, as a drop in energy shares offset gains in Wal-Mart.

Markets

VW paves way for UAW representation at U.S. plant

Volkswagen AG's U.S. division said Wednesday it has agreed to steps that could allow for union representation at its plant in Chattanooga, Tennessee, where the United Auto Workers has unsuccessfully tried to organize workers.

Safety advocate urges GM switch fund to intensify victim outreach

A car-safety advocate on Wednesday urged the lawyer overseeing General Motors Co's program to compensate victims of accidents linked to a faulty ignition switch in its vehicles to take a more active approach to finding cases of injury or death.

Nov 13, 2014 1:03 PM EST

Takata refutes report of secret airbag tests: NYT

Auto parts maker Takata Corp (7312.T) offered a "substantive rebuttal" to accusations by two former employees that the company carried out tests on airbags in 2004 in Michigan and found signs of defects but did not report the results to federal regulators, the New York Times reported.

Nov 13, 2014 12:57 PM EST

Honda discloses fifth Takata air bag-linked fatality, widens recall

Honda Motor Co (7267.T) said on Thursday that a driver in Malaysia died in July after being hit by shrapnel from an air bag supplied by Takata Corp (7312.T) - the fifth such fatality and the first outside the United States.

Nov 13, 2014 12:37 PM EST

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