Result Page 102 for Latest Markets News & Archive

Markets

Exclusive: Bank of Tokyo-Mitsubishi to pay $315 million over whitewashed report: sources

Bank of Tokyo-Mitsubishi has agreed to pay $315 million to New York's banking regulator for submitting a whitewashed report about its improper handling of transactions involving countries subject to U.S. sanctions, according to people familiar with the matter.

Nov 18, 2014 11:24 AM EST

Markets

S&P 500 hits record again; Actavis rallies

U.S. stocks rose on Tuesday, lifting the S&P 500 to a record high, boosted by healthcare after Actavis' acquisition of Allergan triggered bullish analyst notes.

Markets

Takata, Honda sued over death linked to faulty air bag

Takata Corp and Honda Motor Co were hit Monday with a lawsuit over an air bag linked to the death last month of a woman in Florida, the latest legal issue for the companies as they continue to recall millions of vehicles for the faulty part.

Markets

Toyota aims to replicate Prius success with fuel cell Mirai

Toyota Motor Corp (7203.T) will introduce its first mass-market fuel cell car next month, hoping to replicate the success of its Prius hybrid with a vehicle that runs on hydrogen instead of gasoline.

As China's luxury car wave ebbs, foreign firms seek domestic foothold

Daimler AG (DAIGn.DE) will give its new luxury baby, the Mercedes-Maybach limousine, a glitzy world debut at this week's Guangzhou autoshow, even as analysts warn the end is nigh for China's 10-year high-end car sales boom.

Nov 18, 2014 11:03 AM EST

Volkswagen says to stop selling SEAT cars in Russia next year

Volkswagen's (VOWG_p.DE) Spanish division, SEAT, will stop selling cars in Russia by early next year because of an economic downturn and a weakening ruble, the German carmaker said on Tuesday.

Nov 18, 2014 11:00 AM EST

Ford recalls 65,000 Fusion models on ignition key issues

Ford Motor Co (F.N) on Tuesday said it is recalling about 65,000 Fusion sedans in North America because the key can be removed from the ignition even if the car is not in the "park" position 30 minutes after the ignition is off, the company said.

Nov 18, 2014 10:57 AM EST

Japan recession weighs on Wall Street but M&A supports

U.S. stocks dipped on Monday, following four consecutive weeks of gains on Wall Street, as energy shares fell alongside crude futures after Japan slipped into recession.

Nov 17, 2014 12:03 PM EST

Allergan agrees to $66 billion Actavis deal; Valeant walks

Allergan Inc (AGN.N) on Monday accepted a $66 billion takeover bid from Actavis Plc (ACT.N), closing the door on a hostile offer from activist investor William Ackman and Valeant Pharmaceuticals International Inc (VRX.TO).

Nov 17, 2014 11:59 AM EST

Fiat Chrysler CEO ordered to give deposition in Jeep fire lawsuit: WSJ

A judge has ordered Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N), to give a deposition in a Georgia lawsuit involving a 4-year-old boy killed in a Jeep fuel-tank fire, the Wall Street Journal reported on Saturday.

Nov 17, 2014 11:56 AM EST

What is a recall? Carmakers confuse U.S. drivers in deadly air bag saga

In recent weeks, hundreds of thousands of U.S. Toyota drivers have received a stern warning by first-class mail: Immediately drive to your dealer to replace a flawed air bag, and in the meantime don't let anyone sit on the passenger side.

Nov 17, 2014 11:53 AM EST

Ford shares poised for a rebound: Barron's

Ford Motor shares may be in for a rebound and could climb 30 percent in a year, said Barron's financial newspaper in its edition to be published Monday.

Nov 17, 2014 11:50 AM EST

Ford: Mustang driver injured by air bag fragment in North Carolina crash

Ford Motor Co F.N. said on Sunday night it was cooperating with U.S. safety regulators investigating a report the driver of a 2007 Ford Mustang was injured in August by a metal fragment from the car’s air bag.

Nov 17, 2014 11:47 AM EST

GM ignition-switch claims deadline extended to Jan. 31

The deadline to file claims under General Motors Co's faulty ignition-switch compensation program has been extended by one month to Jan. 31, 2015, the program's administrator, Kenneth Feinberg, said on Sunday.

Nov 17, 2014 11:43 AM EST

EU says Starbucks' 'very low' Dutch tax deal may be illegal

A tax deal the Netherlands cut with Starbucks Corp (SBUX.O) may be illegal state aid, European Union regulators said on Friday, part of a crackdown on members attracting investment by helping companies to avoid tax.

Nov 14, 2014 12:32 PM EST

Exclusive: Ex-wife of US oil baron to appeal $1 billion divorce award

Sue Ann Hamm, the ex-wife of Oklahoma oil magnate Harold Hamm who was awarded cash and assets worth more than $1 billion in the couple's divorce this week, plans to appeal the judgment on grounds that it grossly undervalues the marital wealth she is entitled to.

Nov 14, 2014 12:30 PM EST