BMW, Mercedes standardize cars to help buyers and boost margins
Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.
Oct 02, 2014 11:51 AM EDT
U.S. factory growth slows but hiring by companies steps up
Growth in U.S. factory activity slowed more than expected in September even as private sector job growth accelerated, signs of an uneven expansion in the U.S. economy.
September U.S. car sales show industry still strong
U.S. consumers bought more cars in September than in the previous year, but early sales results from leading automakers on Wednesday were mixed.
Special Report: In foreign hands, British automakers overtake France
When Britain lost its last native car company 20 years ago, it was lamented across the political spectrum as a national catastrophe.
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SoftBank considers stake in Legendary Pictures: report
Japan's SoftBank Corp (9984.T) has been in talks to take a minority stake in privately held movie studio Legendary Pictures, entertainment trade publication The Hollywood Reporter reported on Tuesday.
Sep 30, 2014 11:29 AM EDT
EBay follows Icahn's advice, plans PayPal spinoff in 2015
EBay Inc (EBAY.O) said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company.
Sep 30, 2014 10:54 AM EDT
Global stocks fall, bonds rise on Hong Kong unrest
Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while Treasury prices rose as further signs of the relative strength of the U.S. economy raised the prospect of higher interest rates.
Sep 29, 2014 12:06 PM EDT
Roche, GSK melanoma pill combinations look similar in showdown
Rival two-pill combinations for melanoma from Roche and GlaxoSmithKline had similarly good results in separate clinical trials, leaving doctors with little to choose between the two skin cancer courses.
Sep 29, 2014 12:00 PM EDT
Costs, politics erode chances for a Tokyo casino by 2020
Plans to open Japan's first casino in Tokyo before the 2020 Olympics are becoming increasingly unlikely, with developers facing skyrocketing building costs and a city government that no longer considers casino development an economic priority.
Sep 29, 2014 11:49 AM EDT
Stella McCartney goes airy for summer, Lagerfeld Barbie a hit at Paris Fashion Week
Oblong cut-outs, oversized buckles and a utilitarian aesthetic were the defining features of Stella McCartney's 2015 summer collection in Paris on Monday.
Sep 29, 2014 11:35 AM EDT
BlackBerry reports smaller-than-expected loss; revenue falls
BlackBerry Ltd (BB.TO) (BBRY.O) reported a much smaller-than-expected quarterly loss on Friday and said it was concentrating on growth and investments, even as concerns about weak revenue linger.
Sep 26, 2014 11:46 AM EDT
Chrysler recalls 350,000 vehicles on ignition switch issues
Chrysler Group LLC, a unit of Fiat SpA (FIA.MI), said it will recall about 350,000 vehicles from the 2008 model year because of a condition that may cause the ignition key to get stuck or inadvertently move.
Sep 26, 2014 11:28 AM EDT
Hyundai-led group agrees to $10 billion land deal, stokes union rage
Hyundai Motor Co (005380.KS) and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul.
Sep 26, 2014 11:23 AM EDT
Dollar holds near four-year highs, Europe stocks recover
The dollar held just below a four-year high against a basket of currencies on Friday, fuelled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates.
Sep 26, 2014 11:14 AM EDT
Ford to recall about 850,000 cars to fix airbag deployment glitch
Ford Motor Co (F.N) said it will recall about 850,000 cars in the United States to fix a software glitch that could lead to a short circuit, delaying the deployment of airbags in the event of a crash.
Sep 26, 2014 10:56 AM EDT
Wall St. slumps as Apple drags; S&P breaks support level
U.S. stocks were sharply lower heading into the midpoint of trading on Thursday, with each of the major indexes falling more than one percent and the S&P dropping through a key support level as Apple shares slumped.
Sep 25, 2014 12:07 PM EDT