News Corp. Won Largest Cash Payment From Australia Tax Office Ever; Transfers Funds To 21st Century Fox
Australian taxpayers gave a $794 million payment to Rupert Murdoch, thanks to "paper transactions" among News Corp.’s global subsidiaries.
Minimum Wage Increase: Naquasia LeGrand, KFC Employee, Says Fast-Food Workers Need Better Pay, And Companies Like Yum Brands (YUM) And McDonald’s (MCD) Can Afford It
This 22-year-old Brooklynite worked 16 months for $7.50 an hour before receiving her first raise. Now she has fewer hours.
Rob Marcus Has Been CEO Of Time Warner Cable For Six Weeks And Could Get $50 Million For That
Marcus took the Time Warner helm in January. If he’s ousted in the wake of the Comcast acquisition he’s golden.
Southern Momentum, Tennessee VW Workers Opposed To Unionizing, Says It's Underdog As UAW Pushes To Represent Them And Their Peers
When labor activists try to establish union footholds, typically the company is the anti-union incumbent -- not so with Volkswagen.
US New Auto Inventories Highest Since '09; GM, Volkswagen Top List; Kia, Hyundai Up Most; Toyota Stock At 'Healthiest' Level
U.S. new-car inventories are at a 53-month high, which means automakers will need to sweeten deals.
With So Many AK-47 Knockoffs, Can New CEO Save State-Controlled Russian Arms Manufacturer Kalashnikov By Expanding Into India And Boosting Sales To US Gun Buyers?
Cost cutting will be coupled with production increases, with Kalasnikov's CEO commenting regarding finances: "The situation is difficult."
Union Vote In Tennessee: Here’s What You Need To Know About The Push To Create A German Style Works Council At A Volkswagen Plant In Chattanooga
Volkswagen workers will decide by secret ballot whether to adopt the first German-style union structure in the United States.
When Is A Tax Break A Government Subsidy? Here’s What EU's Antitrust Chief Said About Legal But ‘Socially Untenable’ Tax Avoidance
The head of the EC’s antitrust efforts: Tax loopholes may include a “state aid component,” which would be anti-competitive.
Sikorsky Unveils Video Of High Speed Tri-Rotor Executive Helicopter, The Civilian Version Of The S-97 Raider It Wants US Army To Buy [VIDEO]
Sikorsky has been working on fast chopper tech for a while. Now it’s unveiling the fastest executive helicopter on record.
Here’s Why Only 0.09% Of Applicants For New Cars In Beijing Are Embracing Electric Vehicles Despite Incentives
Despite incentives worth thousands of dollars and license plates that are easy to obtain, Beijingers aren’t flocking to electric cars.
Manufacturing Data Shows BRICs (Brazil, Russia, China, India) Economies Contracting As Developed Economies (US, UK, Eurozone, Japan) Gaining
Data shows developed markets' conditions improving, while emerging markets are moving in the other direction.
Vaccine-Preventable Measles Broke Out In 24 Places Globally In January; Polio Strikes Pakistan, Afghanistan
A new report says nearly 14 million people were saved by measles vaccines from 2000 to 2012.
Why A Used Tesla Model S Can Cost More Than A New One (TSLA)
What's more, a new study suggests that current Model S owners can actually make money in the used car market.
Veteran Benefits A Flashpoint After 13 Years Of War: US Lawmakers Confront Cuts They Say Are Necessary While Veteran Groups Call For Billions In Further Spending
A U.S. Senate repeal of veterans' pension cuts is "likely," according to Democratic Sen. Adam Smith, an opponent of the proposal.
Singapore Supercar Sales Tax Pummels 2013 Auto Purchases; Famous High-End Brands Like Maserati, McLaren and Rolls Royce Feeling The Pinch
Fewer of the world’s priciest wheels were sold in Singapore last year thanks to higher taxes on auto purchases.
General Motors (GM) Stock Hit By Disappointing Q4, Full-Year Results; One-Time Charges Batter Earnings
Net income and revenues were up, but the world’s third-largest automaker still missed forecasts. What happened?
Global Defense Budget Seen Climbing In 2014; First Total Increase Since 2009 As Russia Surpasses Britain And Saudi Arabia Continues Its Security Spending Spree
The world's total defense budget is forecast to increase to $1.547 trillion this year.
General Motors Q4, 2013 Earnings Preview: GM Revenue, Profits Rise Despite European Costs
The world’s third-largest automaker will announce its fourth-quarter earnings on Thursday morning before markets open in New York.
Will Retail Auto Sales Margins Shrink As More Consumers Buy Smaller, Less-Profitable Cars? Will There Be Fewer Car Dealerships By 2020?
A new report suggests margin pressure and the Internet could squeeze U.S. auto dealer networks.
Wal-Mart Investing $500 Million In Canada Building 35 More Supercenters; It Currently Has 247 Of Them
Wal-Mart said its investment will create 7,500 jobs, including temporary construction work.
U.S. New Auto Sales January 2014: GM Sales Fell Almost 12% While Nissan Jumped Almost 12%; Five Of The 'Big 8' Global Automakers Saw Declines
New auto sales fell last month more than expected as the situation got frosty in many parts of the country.
Here Are The January 2014 'Big 8' US Auto Sales Numbers: GM, Ford, Chrysler, Toyota, Honda, Nissan, Kia/Hyundai, Volkswagen
Consumers pushed sales volume up for the Infiniti QX60 crossover. Nissan leads in monthly U.S. auto sales growth.
Auto Parts Price Fixing: Executives Agree To Prison Time For Shafting Ford, Toyota And Subaru On Ignition Coils To Cars Made In US
Two Japanese former auto parts executives are the latest to go down in an auto parts price-fixing racket.
Here’s Why Five Countries Saw Double-Digit Growth In 2013 Sales Of New Cars And Light Trucks
The Chinese bought almost 22 million new autos last year. Here are four other countries that saw double-digit growth in 2013.
Trans-Pacific Partnership (TPP) Poll: Only The Strongest Obama Supporters Want Him To Have Fast Track Authority
Also: Americans are a lot more likely today to think free-trade agreements do more harm than good.
The Wealthiest 10 Individuals In U.S. Oil And Gas: Only Two Are Self-Made Entrepreneurs; Koch Brothers Are Worth More Than The Other 8 Combined
Out of the 10 richest Americans linked to oil and gas, two are wholly self-made, and four inherited their wealth.
As Congress Does Little To Address Wage Erosion, States Are Moving With Their Own Minimum Wage Legislation
Congress has adjusted the wage floor only five times since 1974, so states have had to step in to pick up the slack.
Hedge Fund Manager Paul Singer Is On A Roll: Says Financial Institutions Ignore The Law In ‘Thousands of Subtle Ways’ While Prosecutors Do Nothing
But wait, there’s more: He also says raising the U.S. minimum wage is bad for the poor.
Ferdinand Porsche Went Electric With His First Car; Check Out Photos Of The P1 Electric Car Unearthed After A Century
Lost in a barn since 1902, the first car built by a 22-year-old Porsche namesake has been discovered -- and it's electric.
Ford Fourth Quarter 2013: Excluding The One Time And Special Items, Ford Did About As Expected And Its 2014 Outlook Hasn’t Changed
Ford's share price is trading lower after it reported its 4Q and 2013 performance. Here's why.
