• GM worker warned company of switch problem in 2005 Thursday, 3 Jul 2014 | 5:28 PM ET

    DETROIT— General Motors recalled 3.4 million large cars last month after finding a 9- year-old email from an employee in its files warning of trouble, according to documents released by the government Thursday.

  • Waitresses at Colorado eatery carry loaded guns Thursday, 3 Jul 2014 | 4:25 PM ET

    As she takes your order at Shooters Grill in the town of Rifle— yes, Rifle— waitress Ashlee Saenz carries a pad, pen and a loaded Ruger. 357 Blackhawk revolver holstered on her leg, Old West style.

  • GM switch complaints began 17 years ago Thursday, 3 Jul 2014 | 4:18 PM ET

    General Motors car owners have been complaining to dealers about defective ignition switches since 1997.

  • Business Highlights Thursday, 3 Jul 2014 | 3:57 PM ET

    WASHINGTON— U.S. employers accelerated their hiring last month, adding a robust 288,000 jobs and helping drive the unemployment rate to 6.1 percent, the lowest since September 2008.

  • NEW YORK, July 3- American Express Co is set to face off against the U.S. government and 17 states in a trial that begins on Monday over claims that it stifles competition from credit card providers that charge lower processing fees.

  • Germany's BMW to invest $1 billion in Mexico plant Thursday, 3 Jul 2014 | 3:11 PM ET

    MEXICO CITY— Germany's BMW announced Thursday it will spend $1 billion to build a new luxury car factory in northern Mexico that will start production in 2019 as part of an effort to expand the company's presence in the United States.

  • WASHINGTON, July 3- Airlines with direct flights to the United States have been told to tighten screening of mobile phones and shoes in response to intelligence reports of increased threats from al Qaeda affiliated militant groups, U.S. officials said.

  • Bull run continues for most mutual funds in 2Q Thursday, 3 Jul 2014 | 11:41 AM ET

    NEW YORK— Go ahead and open the latest quarterly statements from your mutual funds when they arrive. It'll likely be painless, just like it was a quarter ago. It's been largely the same trend for years, with only a few hiccups since the stock market bottomed in March 2009 following the financial crisis.

  • Subaru recalls 660K vehicles for brake line rust Thursday, 3 Jul 2014 | 8:30 AM ET

    DETROIT— Subaru is recalling more than 660,000 cars and SUVs because the brake lines can rust and leak fluid, and that can mean it will take longer to stop the vehicles.

  • Corporations are people? It's a real legal concept Thursday, 3 Jul 2014 | 3:04 AM ET

    WASHINGTON— There may be more to that "we the people" notion than you thought. Mitt Romney got mocked during the 2012 presidential campaign for the very idea.

  • Recovery of lost jobs by states, at a glance Wednesday, 2 Jul 2014 | 4:52 PM ET

    WASHINGTON— The United States in May finally recovered all the jobs lost to the Great Recession. But 32 states still don't have as many jobs as they did when the recession officially began in December 2007. The rankings from best to worst:.

  • WASHINGTON, July 2- The United States said on Wednesday it would increase security at overseas airports with direct flights into the country and U.S. officials cited concerns al Qaeda operatives in Syria and Yemen were developing bombs that could be smuggled onto planes.

  • Ruling won't alter birth-control coverage for many Wednesday, 2 Jul 2014 | 2:26 PM ET

    NEW YORK— Business owners who don't want to pay for their employees' birth control are ending that coverage after the Supreme Court said they could choose on grounds of religious belief not to comply with part of the health care law.

  • WASHINGTON, July 2- The Obama administration is pushing for increased security precautions at European airports because of concerns that al Qaeda operatives in Syria and Yemen have teamed up to develop bombs that can be smuggled onto planes, U.S. officials said on Wednesday.

  • 32 states trail US as a whole in job recovery Wednesday, 2 Jul 2014 | 1:53 PM ET

    Yet 32 states still have fewer jobs than when the recession began in December 2007— evidence of the unevenness and persistently slow pace of the recovery. Even though economists declared the recession over in June 2009, Illinois is still down 184,000 jobs from pre-recession levels.

  • Safety agency says Chrysler recall too slow Wednesday, 2 Jul 2014 | 1:31 PM ET

    DETROIT— The U.S. government's road safety agency is accusing Chrysler of moving too slowly to fix some Jeep SUVs in a recall announced more than a year ago.

  • WASHINGTON, July 2- A U.S. Senate panel's probe into General Motors Co's botched handling of faulty ignition switches that have been tied to at least 16 fatal car crashes will continue with a second hearing on July 17.

  • Ford's CEO Fields gets 9 pct raise in annual salary Wednesday, 2 Jul 2014 | 10:07 AM ET

    DETROIT, July 2- Ford Motor Co said on Wednesday its new chief executive officer, Mark Fields, will receive a 9 percent increase in his base salary, as well as stock options and a performance-based bonus.

  • New Ford CEO gets $5.25M pay package, plus options Wednesday, 2 Jul 2014 | 9:43 AM ET

    DETROIT— New Ford CEO Mark Fields will get a pay package worth more than $5.25 million this year as he takes over for the retiring Alan Mulally. Ford revealed a portion of Fields' compensation Wednesday in a filing with the U.S. Securities and Exchange Commission. For 2014, he'll get a $1.75 million base salary, plus $3.5 million in incentive compensation.

  • Dead ahead: Pothole in highway construction aid? Wednesday, 2 Jul 2014 | 3:17 AM ET

    WASHINGTON— As the summer driving season swings into full gear, states can expect a large pothole in their construction budgets if Congress doesn't reach an agreement quickly on how to pay for federal highway and transit programs, President Barack Obama and his top officials are warning.