GO
Loading...

Enter multiple symbols separated by commas

Detroit

More

  • *Dow component Apple's shares rose 0.43 percent to $130.75 in premarket trading, a day after investor Carl Icahn said the stock was "still dramatically undervalued." *Wal-Mart fell 2.21 percent to $78.15 after the company reported lower-than-expected U.S. same-store sales growth. *Urban Outfitters was down 16.5 percent at $34 after it reported quarterly sales...

  • Supercar makers neglect women at their peril Tuesday, 19 May 2015 | 5:45 AM ET

    *Proportion higher in China, world's top auto market. JONA, Switzerland, May 19- Supercar makers are like teenage boys at a high school dance, according to business consultant Belinda Parmar. "Any woman could drive those cars," said Sonja Heiniger, the Swiss owner of an Internet services firm who has owned four Lamborghinis and hits the racetrack in a Porsche.

  • LOS ANGELES, May 18- San Bernardino's council approved a bankruptcy exit plan on Monday night that seeks to virtually eliminate the southern California city's pension bond debt while paying Calpers, the state pension system, in full. The Luxembourg- based bank EEPK, holder of the $50 million pension obligation bonds, Ambac Assurance Corp, which insures a portion...

  • May 18- The Obama administration on Monday escalated a running regulatory battle with Fiat Chrysler Automobiles NV, saying it could impose "multiple penalties" on the automaker and order a public hearing to examine FCA's handling of 20 recalls affecting more than 10 million vehicles. The National Highway Traffic Safety Administration said Fiat Chrysler...

  • Lee Kyung- hoon's dramatic gesture- a show of resolve to heal internal dissent amid stalled wage talks- succeeded by one measure: 2011 was one of just four years in the last 28 when Hyundai's Korean factory workers didn't walk off the job. "If we don't get tough, the company will not listen to us," said a worker at Hyundai's huge factory complex in Ulsan who asked not to be...

  • As part of a broader effort to get automakers to speed up the repair of recalled cars and trucks, the National Highway Traffic Safety Administration said FCA could face up to $700 million in fines and be required to buy back or replace vehicles if regulators find evidence that it failed in its legal recall obligations. The proceedings would be the broadest...

  • DETROIT— The U.S. government's highway safety agency says it will hold a rare public hearing in July to determine if Fiat Chrysler failed to notify customers and fix safety problems in 20 recalls covering more than 10 million vehicles. The agency could order Fiat Chrysler, formally known as FCA US LLC, to buy back or replace vehicles if it finds the company failed...

  • DETROIT— The death toll from faulty ignition switches in small cars made by General Motors has reached 104.. Victims' families are being offered compensation of at least $1 million each by attorney Kenneth Feinberg, who was hired by GM last year. GM paid $200 million to settle claims filed with Feinberg as of March 31.

  • NEW YORK, May 18- CME Group Inc said on Monday it would launch a zinc futures contract next month, stepping up a global battle for metals market share with the London Metal Exchange amid expanding Asian markets. The statement did not explain JPMorgan's role in the zinc contract. "We're pleased that CME Group has responded swiftly and decisively to industry...

  • DETROIT— Details of the second year of JP Morgan Chase& Co.' s five-year, $100 million commitment to invest in Detroit's economic recovery are scheduled to be announced Monday. "Our commitment is a sustained, strategic and comprehensive effort that supports innovative approaches to complex challenges," JPMorgan Chase CEO Jamie Dimon said in a release.

  • DETROIT, May 18- For the fifth straight year, Toyota Motor Corp and Honda Motor Co topped a study of automakers with U.S. plants in supplier relations, helping them get the best parts at the lowest cost. Toyota was the tops in supplier relations, followed closely by Honda. Ford Motor Co was a distant third, followed by Nissan Motor Co. General Motors Co and Fiat Chrysler...

  • New Chevy Camaro goes on diet, shrinks to become leaner Saturday, 16 May 2015 | 4:31 PM ET

    DETROIT— For almost 50 years, gearheads have swooned over the Chevrolet Camaro for its muscular looks, throaty exhaust and high-horsepower engines. But that will be the base engine in the sixth generation being unveiled Saturday on a racetrack-equipped island in the Detroit River. The 1982 Camaro, with the Iron Duke as the base engine, was listed among Time...

  • MOUNTAIN VIEW, Calif.— The latest version of Google's self-driving car— a pod-like two-seater that needs no gas pedal or steering wheel— will make its debut on public roads this summer, a significant step in the technology giant's mission to have driverless cars available to consumers in the next five years. This prototype is the first vehicle built from scratch...

  • DETROIT, May 15- Google Inc's self-driving cars will begin testing on public roads this summer, but they will have steering wheels and brakes, which is not what the company described a year ago. When the Internet search company announced a year ago that it planned to build a fleet of self-driving cars, project director Chris Urmson said the prototypes "won't have a...

  • DETROIT, May 15- Google Inc's self-driving cars will begin testing on public roads this summer, but it turns out they will have steering wheels and brakes, which is not what the company envisioned a year ago. When the Internet search company announced a year ago that it planned to build a fleet of self-driving cars, project director Chris Urmson said the prototypes "...

  • So I look forward to putting at least $350 million, $400 million of general fund dollars into the' 16 budget for transportation, "said House Appropriations Committee Chairman Al Pscholka, R- Stevensville. His counterpart in the Senate, Appropriations Chairman Dave Hildenbrand, R- Lowell, also predicted a "significant investment" above the $3.7 billion going to the...

  • MOUNTAIN VIEW, Calif.— The latest version of Google's self-driving car— a pod-like two-seater that needs no gas pedal or steering wheel— will make its debut on public roads this summer, a significant step in the technology giant's mission to have driverless cars available to consumers in the next five years. This prototype is the first vehicle built from scratch...

  • WASHINGTON/ NEW YORK, May 14- Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers say, likely denting Iran's ambition to attract foreign investment to revive its crippled economy. After years of being frozen out of the global banking system and...

  • LONDON, May 13- The London Metal Exchange has announced another change in its warehousing rules to force a faster reduction in the load-out queues that have caused so much controversy in the aluminum market. Its new regime of linking load-in to load-out rates, LILO for short, is now in force, albeit after a near one-year delay caused by a failed legal challenge from...

  • SOUTHFIELD, Mich.— A 70- year-old man was sentenced Wednesday to 10 days in jail for a fiery crash that killed a pregnant Detroit- area woman who was driving a Jeep Liberty that had been recalled because of the placement of the gas tank. Clarence Heath's Cadillac rear-ended Kayla White's SUV during afternoon rush hour on a suburban Detroit freeway in November.