Archives


Latest News


Stern Advice: Should you tap your 401(k)to buy a house?

It makes sense, given the gains workers have seen in their retirement plans and in home prices in recent years, that they would consider tapping their 401(k) accounts to buy homes. And that is exactly what a growing number of workplace savers are doing, according to a new study from Fidelity Investments.

Oct 02, 2014 12:27 PM EDT


Giants sink Pirates in NL Wild Card playoff

A four-hit shutout by Madison Bumgarner and a grand slam by Brandon Crawford carried the San Francisco Giants to an 8-0 win over the Pittsburgh Pirates in the National League Wild Card playoff on Wednesday.

Oct 02, 2014 12:23 PM EDT


Comedy actor Adam Sandler signs four-film deal with Netflix

Netflix Inc said on Thursday that comedian and actor Adam Sandler has signed a deal to star in and produce four films that will be shown exclusively on the video-streaming service.

Oct 02, 2014 12:20 PM EDT


Islamic State presses assault on Syrian border town, Kurds warn Turkey

Islamic State insurgents tightened their grip on a Syrian border town on Thursday despite coalition air strikes, sending thousands more Kurdish refugees into Turkey and dragging Ankara deeper into the conflict.

Oct 02, 2014 12:16 PM EDT


Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

Oct 02, 2014 12:11 PM EDT


Fiat needs more than the 500 to turn core brand around

While rivals roll out new models and concept cars, Fiat has little to show at the Paris auto show besides another variant of its retro-styled 500 compact car, in what is starting to look like a worrying trend for the carmaker's namesake brand.

Oct 02, 2014 12:05 PM EDT


Volkswagen's Seat says nearing profitability

Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.

Oct 02, 2014 11:58 AM EDT


BMW, Mercedes standardize cars to help buyers and boost margins

Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.

Oct 02, 2014 11:51 AM EDT


Daimler cuts car market forecast as Europe wobbles

German luxury automaker Daimler (DAIGn.DE) has cut its growth forecast for the global car market, blaming cooler demand in emerging markets and a plunge in Russian sales which has put a fledgling European industry recovery in jeopardy.

Oct 02, 2014 11:37 AM EDT


U.S. factory growth slows but hiring by companies steps up

Growth in U.S. factory activity slowed more than expected in September even as private sector job growth accelerated, signs of an uneven expansion in the U.S. economy.

Oct 01, 2014 12:12 PM EDT


Amal Alamuddin enters fashion pantheon as Clooney's bride

With the help of Oscar de la Renta, Stella McCartney, Giambattista Valli and Dolce & Gabbana, human rights lawyer Amal Alamuddin vaulted into the top echelons of Hollywood fashion with her stylish Italian wedding to actor George Clooney.

Oct 01, 2014 12:10 PM EDT


McIlroy named PGA Tour Player of the Year

Northern Irish world number one Rory McIlroy was named on Wednesday as the PGA Tour's Player of the Year for a second time after a stellar 2014 campaign highlighted by two major victories.

Oct 01, 2014 12:06 PM EDT