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Markets

The biggest surprises in retirement? The experts weigh in

The Great Recession served up some nasty financial surprises to people approaching retirement - the housing crash, job loss and shrunken 401(k)s, for starters.

Nov 11, 2014 9:54 AM EST

Markets

Exclusive: Apple's enterprise assault gets into higher gear

Apple Inc (AAPL.O) is embarking on its most aggressive expansion yet onto corporate turf, hiring a dedicated sales force to talk with potential clients like Citigroup Inc (C.N) and working in concert with a dozen or so developers, two sources familiar with its plans say.

Markets

Aluminum-intensive Ford F-150 truck on sale in December

Ford Motor Co on Tuesday is scheduled to begin production of its redesigned, aluminum-intensive F-150 full-size pickup truck, a key profit generator for the No. 2 U.S. automaker that will go on sale next month.

Markets

Hyundai, Kia unveil share buybacks after anger over property purchase

Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) unveiled share buybacks worth a combined 670 billion won ($615 million), in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters.

Retirement withdrawal strategies that can pay off big

Having your own tax-deferred retirement account is a bit like having one of those self-titrating morphine buttons that hospitals use: Press it whenever you need quick relief.

Nov 10, 2014 10:34 AM EST

Samsung Electronics to build $3 billion smartphone plant in Vietnam

South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

Nov 10, 2014 10:28 AM EST

Obama asks FCC for strong net neutrality rules

U.S. President Barack Obama took a strong stance on Monday on new 'net neutrality' regulations being drafted by the Federal Communications Commission, saying the agency should reclassify broadband to regulate it more like a public utility.

Nov 10, 2014 10:23 AM EST

New rules proposed to put an end to 'too big to fail' banks

Global regulators on Monday proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses.

Nov 10, 2014 10:18 AM EST

Food costs eating into consumers' saving at the pump as holidays near

Martha Franco says she hadn't really noticed the sharp drop in gasoline prices, even though the mother of three is always shuttling the kids around in her SUV. She has been paying closer attention to the soaring cost of meat instead.

Nov 10, 2014 10:10 AM EST

Wall Street set to open flat after three-week run

U.S. stocks were poised for a flat open on Monday, after the Dow and S&P 500 advanced for a third straight week to fresh record highs.

Nov 10, 2014 10:02 AM EST

Ford Europe chief and global marketing head to switch jobs

Two of Ford Motor Co's (F.N) top executives will switch positions, the U.S. carmaker said on Friday, as new boss Mark Fields looks to develop senior managers.

Nov 10, 2014 9:45 AM EST

Honda CEO says to prioritize quality over sales target

Honda Motor Co's CEO (7267.T) said he would prioritize quality improvements over the company's target of selling 6 million cars in the year starting April 2016, as the automaker recalls millions of cars to fix potentially defective air bags.

Nov 10, 2014 9:42 AM EST

GM ordered new switches months before recall: WSJ

General Motors Co (GM.N) ordered half a million replacement ignition switches almost two months before it alerted federal safety regulators of the issues that prompted a recall of millions of vehicles, the Wall Street Journal reported, citing email exchanges between the automaker and its supplier Delphi Automotive Plc (DLPH.N).

Nov 10, 2014 9:35 AM EST

Home Depot says about 53 million email addresses stolen in breach

Home Depot Inc, the world's largest home improvement chain, said hackers stole about 53 million email addresses in addition to customer data for 56 million payment cards previously disclosed by the retailer.

Nov 07, 2014 9:14 AM EST

Canada businesses impatient for China growth as Harper promotes trade

Canadian Prime Minister Stephen Harper kicked off a visit to China on Friday facing criticism that the troubled diplomatic relationship between the two nations has hampered trade, but promptly raised concern about human rights during the mostly business portion of his trip.

Nov 07, 2014 9:06 AM EST

Disney profit meets estimates with help from 'Guardians' film

Walt Disney Co (DIS.N) posted quarterly profit that fell in line with Wall Street expectations as the media and theme park giant rode the blockbuster performance of its movie box office hits "Maleficent" and "Guardians of the Galaxy."

Nov 07, 2014 9:01 AM EST