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United Tech CEO steps down, replaced by CFO in abrupt change

United Technologies Corp (UTX.N) Chief Executive Officer Louis Chenevert has retired immediately and is being replaced by the company's finance chief, the diversified U.S. manufacturer said on Monday, an abrupt change that caught Wall Street off guard.

Nov 24, 2014 11:43 AM EST


Visteon eyes $3.6 billion sale of South Korean unit: reports

U.S. automotive parts maker Visteon Corp (VC.N) has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp (018880.KS) to a local private equity firm for $3.6 billion, Korean media reports said.

Nov 24, 2014 11:41 AM EST


Medicare, ACA care and how to navigate during enrollment

This is enrollment season for two huge public health insurance programs: Medicare and the Affordable Care Act health insurance exchanges. For older Americans, the overlapping sign-up periods can lead to confusion and enrollment errors.

Nov 24, 2014 11:38 AM EST


Motivational coach Tony Robbins transforms into money guru

It might seem odd taking serious financial advice from someone long associated with infomercials and fire walks

Nov 24, 2014 11:34 AM EST


How to beat newly hot real estate markets

How much house will $2 million get you in the United States these days? How much house will $2 million get you in the United States these days? You could buy 25 pretty nice four-bedroom, two-bath homes in Cleveland, Ohio.

Nov 24, 2014 11:32 AM EST


Some fund managers see oil falling to $60 without OPEC cut

Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna this week.

Nov 24, 2014 11:29 AM EST


Wall Street hits new records, boosted by cyclicals

U.S. stocks rose on Monday, with major indexes hitting fresh records on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action.

Nov 24, 2014 11:26 AM EST


Stocks grind higher after central bank stimulus signals

World stocks ground higher on Monday after a frenetic round of activity at central banks in Asia and Europe showed they are willing to do more to support economic growth and inflation.

Nov 24, 2014 11:21 AM EST


Outsized U.S. stock gains may not be in the cards for 2015

The Federal Reserve still has its punchbowl out there as it tries to keep the economic growth party going, but investors in U.S. stocks might see less of a kick from it next year than they've seen in the past.

Nov 21, 2014 11:53 AM EST


Aereo files for bankruptcy

Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection.

Nov 21, 2014 11:51 AM EST


Think holiday shopping’s ‘soulless?’ This Japanese trend can fix that

The times when Black Friday and Cyber Monday were one-day events are long gone. Data from search engine giant Google show that close to 90 percent of shoppers have turned these days into “mini-shopping-holidays,” rather than one-day events. But the Japanese, known for turning shopping into a fine art, may be pointing the way to yet another new trend in shopping.

Nov 21, 2014 11:49 AM EST


'Immoral, but not illegal': metal warehousing games in the spotlight

Complex deals employed by Goldman Sachs' (GS.N) metals storage unit to build vast stockpiles and then maintain queues test the spirit of the London Metal Exchange operating code, shocking many traders and confirming others' suspicions.

Nov 21, 2014 11:46 AM EST


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