Detroit may be moving to resolve its pension crisis, but New Jersey's pension problems are just heating up.» Read More
DETROIT— Ford is raising the price of its new aluminum-sided pickup truck, but still trying to stay competitive with rivals. A fancier King Ranch costs $3,615 more, but includes new standard features like a heated steering wheel. The most-expensive Platinum version will start at $55,235.
"Consumer Reports believes that Toyota should recall these cars," the magazine said. Toyota spokesman John Hanson said in an email statement that the automaker was working with the U.S. safety regulators at the National Highway Traffic Safety Administration on a probe related to the issue.
"Consumer Reports believes that Toyota should recall these cars," the magazine said. Toyota officials did not have an immediate comment. Consumer reports said Toyota's decisions were prompted partly by consumer complaints filed with U.S. safety regulators at the National Highway Traffic Safety Administration.
WASHINGTON, July 28- One of the biggest hold-out creditors in Detroit's bankruptcy will argue next month for a dismissal of the historic case to lead to more equitable treatment of all the city's creditors, according to a report obtained by Reuters on Monday.
DETROIT, July 28- General Motors Co has pushed forward the launch of its next-generation full-size pickups by about nine months to fall 2018, hoping to narrow rival Ford Motor Co's still-sizable lead in meeting future U.S. fuel-economy standards, supplier sources said on Monday.
NEW YORK— As a transgender woman who began her transition about a year ago, Kylie Jack is still figuring out her fashion style, but she wanted one thing right away: well-fitting bras. Friends recommended Petticoat Fair in Austin, Texas, where she lives.
DETROIT— One of the companies challenging Detroit's bankruptcy plan says the possible value of the Detroit Institute of Arts' collection is $8.5 billion— a figure that's higher than previous estimates.
Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts' projections in their latest quarters. Century-old companies such as Coca-Cola Co. and Ford Motor Co. also are hoping to make more money in countries including China and India.
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. That helped the market overcome its latest dip, on July 17th, when a passenger jet was shot down in eastern Ukraine and Israel invaded the Gaza Strip, raising investor worries that conflicts around the world could escalate and destabilize financial markets.
July 25- Detroit released a revised debt adjustment plan on Friday that details the role of a post-bankruptcy monitor and sets up a reserve fund to possibly enhance recoveries for certain creditors.
July 25- Detroit could be on the fast track to complete the final, crucial phase of its historic bankruptcy case, as settlements with key creditors line up and city workers and retirees demonstrate overwhelming support for cost-saving retirement benefit changes.
WASHINGTON— Labor Department releases employment data for July, 8:30 a.m.; Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m..
DETROIT— The U.S. government's road safety agency is investigating complaints about engine stalling and alternator failures in Dodge Charger sedans. The probe covers about 123,000 Chargers from the 2011 and 2012 model years. The National Highway Traffic Safety Administration says it has 14 complaints of alternator failure and stalling.
DETROIT— The U.S. government's highway safety agency has opened a formal investigation into air bag failures in some Chevrolet Impala full-size cars made by General Motors.
DETROIT, July 25- A former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the automaker said on Friday. "Ford initiated an investigation of a now former employee and requested the assistance of the FBI," said Susan Krusel, a Ford spokeswoman.
DETROIT— DTE Energy Co. on Friday reported net income that increased by 18 percent in its second quarter, and fell short of analysts' expectations. The Detroit- based company said earnings increased to $124 million, or 70 cents per share, from $105 million, or 60 cents per share, in the same quarter a year earlier.
DETROIT, July 25- Lear Corp, maker of auto seats and electrical power systems, on Friday beat Wall Street's earnings expectations for the second quarter and increased its full-year outlook, sending its shares up as much as 5 percent.
July 25- Japan's Mazda Motor Corp will broaden a recall of cars sold in the United States because an air-bag inflator, supplied by Japan's Takata Corp, could rupture and seriously injure occupants. The issue of ruptured inflators- which can hurl metal shrapnel at vehicle occupants- has bedeviled Takata and triggered the recall of millions of vehicles last year.
DETROIT— U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas. The National Highway Traffic Safety Administration says it has received 83 complaints about the problem. Hyundai will cooperate with the NHTSA in its investigation, company spokesman Jim Trainor said in an email.
DETROIT, July 25- Lear Corp, maker of auto seats and electrical power systems, on Friday beat Wall Street's earnings expectations for the second quarter and increased its full-year outlook. Net income rose to $148.5 million, or $1.81 per share, from $137.3 million, or $1.60 per share, a year earlier.