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Belgian police waive traffic fines in protest over pensions

Belgians who drive a bit over the speed limit, forget to buckle their seat belts or park illegally can breathe easier this week as police turn a blind eye in protest against plans to raise their retirement age.

Oct 07, 2014 11:35 AM EDT


As oil prices tank, new era of abundance seen dawning

As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.

Oct 07, 2014 11:24 AM EDT


Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler Group LLC said on Tuesday it is recalling about 22,100 small cargo vans because of inadvertent side air bag deployments, the company and U.S. safety regulators said.

Oct 07, 2014 11:17 AM EDT


Fiat says merger into Dutch-registered FCA effective October 12

Italian carmaker Fiat (FIA.MI) said on Tuesday its merger into holding group Fiat Chrysler Automobiles (FCA) would be effective as of Oct. 12 after all conditions for the tie-up were met.

Oct 07, 2014 11:11 AM EDT


College is now a buyer's market

Colleges are increasingly worried about getting enough enrollments, and students can use the situation to their advantage.

Oct 06, 2014 12:29 PM EDT


Bill Gross told rival Gundlach: ‘I am Kobe, you are LeBron’

It was one of the most extraordinary meetings in the history of the bond market. Two of the biggest-ever names in fixed-income investing, Bill Gross and Jeffrey Gundlach, fierce rivals who had never previously talked, held a secret meeting over glasses of lemonade, water, and plates of crudites about whether to join forces.

Oct 06, 2014 12:28 PM EDT


Hewlett-Packard to split into two public companies, lay off 5,000

Hewlett-Packard Co (HPQ.N) said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations, and eliminate another 5,000 jobs as part of its turnaround plan.

Oct 06, 2014 12:24 PM EDT


Chipmakers slide after Samsung's big investment

Micron Technologies (MU.O) was leading a slide in the PHLX semiconductor index .SOX on Monday after Samsung (005930.KS) unveiled plans to spend $14.7 billion on a new chip facility.

Oct 06, 2014 12:19 PM EDT


Supreme Court dodges gay marriage, allowing weddings in five states

The U.S. Supreme Court on Monday declined to decide once and for all whether states can ban gay marriage, a surprise move that will allow gay men and women to marry in five states where same-sex weddings were previously forbidden.

Oct 06, 2014 12:14 PM EDT


New kings of the road: Big motorbike makers rev up in Southeast Asia

Roads in Southeast Asia have been getting a little louder lately as motorcycle makers, an aspiring middle class and easy bank credit come together to breed a new genus of motorcyclists – the big-bike rider.

Oct 06, 2014 12:07 PM EDT


Latest GM recalls cover 57,000-plus vehicles

General Motors Co said on Saturday it was recalling more than 57,000 vehicles in the United States for potential problems ranging from a wiring problem in the steering column to inadvertent shutdown of the engine.

Oct 06, 2014 11:55 AM EDT


Toyota, Mitsubishi to halt production at some Japan plants due to typhoon

Toyota Motor Corp plans to halt production on Monday morning at 12 plants in central Japan due to a typhoon that is hitting the area, spokesman Ryo Sakai said on Sunday.

Oct 06, 2014 11:49 AM EDT