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Chrysler recalls 350,000 vehicles on ignition switch issues

Chrysler Group LLC, a unit of Fiat SpA (FIA.MI), said it will recall about 350,000 vehicles from the 2008 model year because of a condition that may cause the ignition key to get stuck or inadvertently move.

Sep 26, 2014 11:28 AM EDT

World

Hyundai-led group agrees to $10 billion land deal, stokes union rage

Hyundai Motor Co (005380.KS) and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul.

World

Dollar holds near four-year highs, Europe stocks recover

The dollar held just below a four-year high against a basket of currencies on Friday, fuelled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates.

Apple says 'Shellshock' no risk to vast majority of Mac users

Apple Inc (AAPL.O) said the vast majority of Mac computer users are not at risk from the recently identified "Shellshock" computer bug, which security experts have warned affect operating systems, including Mac's OS X.

U.S. consumer sentiment ends at 14-month high in September

U.S. consumer sentiment finished September at its strongest in more than a year on growing optimism about the economy and more favorable outlook on future income, a survey released on Friday showed.

Sep 26, 2014 11:00 AM EDT

Ford to recall about 850,000 cars to fix airbag deployment glitch

Ford Motor Co (F.N) said it will recall about 850,000 cars in the United States to fix a software glitch that could lead to a short circuit, delaying the deployment of airbags in the event of a crash.

Sep 26, 2014 10:56 AM EDT

Islamic State tightens grip on Syrian border town, shells hit Turkey

Islamic State fighters tightened their siege of the strategic town of Kobani on Syria's border with Turkey on Friday, pushing back Kurdish forces and sending at least two shells into Turkish territory, witnesses said.

Sep 26, 2014 10:48 AM EDT

Wall St. slumps as Apple drags; S&P breaks support level

U.S. stocks were sharply lower heading into the midpoint of trading on Thursday, with each of the major indexes falling more than one percent and the S&P dropping through a key support level as Apple shares slumped.

Sep 25, 2014 12:07 PM EDT

India triumphs in maiden Mars mission, sets record in space race

India's low-cost mission to Mars successfully entered the red planet's orbit on Wednesday, crowning what Prime Minister Narendra Modi said was a "near impossible" push to become the only country to complete the trip on its maiden attempt.

Sep 25, 2014 11:59 AM EDT

GM expects to sell over three million cars in China this year: Tsien

General Motors Co (GM.N) expects to sell over three million vehicles in China for the second straight year in 2014, with its premium brand forecast to grow 40 percent, the U.S. carmaker's China President Matthew Tsien said on Wednesday.

Sep 25, 2014 11:43 AM EDT

GM's Cadillac adopts new naming scheme as part of brand overhaul

General Motors Co's (GM.N) premium Cadillac brand will adopt a new naming scheme to better compete against overseas luxury rivals as the company's new leader Johan de Nysschen continues to overhaul the unit.

Sep 25, 2014 11:35 AM EDT

Ford to add 1,200 jobs, shift for Transit van assembly in Missouri

Ford Motor Co said on Thursday by year end it will add 1,200 jobs and a second shift to build the Transit commercial van at a plant in Missouri, making it the automaker's largest volume factory globally.

Sep 25, 2014 11:30 AM EDT

Media mismatch captures Ryder Cup's glorious uncertainty

A curious piece of scheduling seemingly threw the two Ryder cup teams into sharp relief on Thursday as the last three players from each camp took their turn to face the media.

Sep 25, 2014 11:22 AM EDT

At L.A. Clippers, Steve Ballmer prizes team tested by adversity

After Steve Ballmer plunked down $2 billion for the NBA's Los Angeles Clippers, fans might expect the former Microsoft chief executive to be hitting the reset button on a team that has been through a nasty public fight over racism.

Sep 25, 2014 11:09 AM EDT

France strikes Islamic State in Iraq after U.S.-led Syria raids

French fighter jets struck targets in Iraq on Thursday and the United States and its allies stepped up air raids in Syria against Islamic State militants who have taken over large areas of both countries.

Sep 25, 2014 11:04 AM EDT

U.S. business spending plans, jobs data support growth outlook

Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record after an aircraft-related boost, but a rebound in business spending plans pointed to underlying strength in the economy.

Sep 25, 2014 11:00 AM EDT