Headlines

» JGB yields surge, markets spooked by Bernanke remarks  SINGAPORE (Reuters) - Japanese government bonds plunged on Thursday, taking yields to their highest ... » China HSBC flash PMI hits seven-month low, fans growth fears  BEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new ... » Average U.S. 401(k) balance tops $80,000, up 75 percent since 2009  BOSTON (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey of its accounts.  » SoftBank would appoint "security director" to Sprint board  (Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel's board if its takeov ... » Mitsubishi Motors weighs capital shift, dividends: sources  TOKYO (Reuters) - Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nea ... » High costs, currency push Ford out of Australia car manufacturing  CANBERRA (Reuters) - Ford Motor Co will shut its two Australian auto plants in October 2016, blaming ... » Investment firms sue exchanges in dispute on improper fee charges  (Reuters) - A group of investment firms including Citadel Securities LLC sued the Chicago Board Opti ... » Ford to close Australia auto plants  SYDNEY (Reuters) - Ford Motor Co said on Thursday it is closing its two Australian auto plants and w ... » Delta will wait for new planes to mature: CEO  (Reuters) - Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, ... » Wall Street falters in volatile session on Fed worries  NEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three ... » GM recalls more than 27,000 Cadillac crossovers with wheel issue  (Reuters) - General Motors Co is recalling worldwide more than 27,000 Cadillac crossover vehicles wh ... » U.S. House votes to force approval of Keystone pipeline  WASHINGTON (Reuters) - The House of Representatives approved a bill as expected on Wednesday declari ... » Ford to close Australia auto plants: reports  SYDNEY (Reuters) - Ford Motor Co is set to announce it is closing its two Australian auto plants and ... » Apple, former Washington wallflower, now at center of tax fight  WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of ... » Borders gift card holders deserve nothing, judge rules  (Reuters) - Borders owes nothing to holders of roughly $210.5 million of gift cards that had not bee ... » HP raises 2013 outlook as Whitman's plan takes hold  SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly result ... » Midwest gasoline prices expected to cool after spike  (Reuters) - Gasoline prices in the Midwest should fall in the coming days after hitting record highs ... » Electric carmaker Tesla pays off U.S. loan  DETROIT (Reuters) - Electric carmaker Tesla Motors Inc on Wednesday paid off its U.S. Department of ... » PepsiCo rethinks U.S. pricing to attract more daily buyers  (Reuters) - PepsiCo Inc said it is tweaking its drink-pricing strategy in some parts of the United S ... » Bernanke says more progress needed before stimulus pullback  WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but th ... » Fisker fields $20 million offer from Bob Lutz, Wanxiang: sources  DETROIT/TOKYO (Reuters) - A team including former General Motors Co executive Bob Lutz and China's l ... » Home sales close in on three-and-a-half year high  WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and pri ... » Wall Street falters in volatile session on Fed worries  NEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three ... » Starbucks veteran Michelle Gass leaving for Kohl's  (Reuters) - Starbucks Corp executive Michelle Gass, who was instrumental in the world's biggest coff ... » Fed officials want more progress before bond tapering: minutes  WASHINGTON (Reuters) - Many Federal Reserve officials earlier this month wanted to see more evidence ... 
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