Manufacturing Declines But Employment Rises: Philadelphia Fed
Regional manufacturing activity shrank in April, but employment increased, according to the Philadelphia Federal Reserve's Business Outlook Survey, which was released Thursday.
EU OKs J&J $21B Buy Of Synthes, Pending Sale of DePuy Orthopaedics
Johnson & Johnson secured approval for its $21.3 billion purchase of Synthes Inc. from the European Commission, Thursday, following an agreement to sell its DePuy Orthopaedics Trauma division in the face of possible antitrust concerns.
GE Earnings Preview: Slight Drop in Earnings On Low-Margin Goods
General Electric Co. is expected to report slightly weaker first-quarter earnings because of a backlog of low-margin thermal and industrial equipment plus slow health care revenue growth.
Kelley Blue Book '10 Best Green Cars of 2012': Toyota Prius c Is No. 1 [PHOTOS]
Kelley Blue Book selected the 2012 Toyota Prius c as the number one green car of 2012 as part of its 10 Best Green Cars of 2012 on Tuesday, using criteria like mileage, material conservation, and technological application.
Honeywell Gets $2.8B Airplane Wi-Fi Deal With Inmarsat
Honeywell International Inc. signed a $2.8 billion deal to provide airplane Wi-Fi hardware for Inmarsat PLC's Global Xpress network, Honeywell announced Wednesday.
2012 Ford Focus Electric Review: Silent, Quick and Efficient
Ford Motor Co. trotted-out some brand, spanking new 2012 Ford Focus Electric cars in New York on Tuesday for a first round of test driving, and the new electric car certainly seems to meet Ford's twin goals of high fuel-economy with a positive driving experience.
Rolls-Royce Armored Car: They Don’t Make Tanks Like They Used To [PHOTOS]
Rolls-Royce Motor Cars has had a long and venerable history since its foundation in 1904. When most people think of Rolls-Royce, they probably imagine driving through the teeming streets of some Western metropolis, perhaps gazing distantly at the proletarians as they busy themselves in their daily cares. Maybe our theoretical rider lights his cigar with a hundred dollar bill and says to his driver, Jennings, drive faster - we can't be seen arriving late at Belmont.
Audi Will Buy Ducati for $1.2B: Sources
Volkswagen AG's luxury brand Audi is prepared to buy Italian superbike maker Ducati Motor Holding SpA for roughly €860 million ($1.12 billion) including debt, Reuters reported Tuesday.
Hyundai to Build Diesel Engine Plant In India, Hike Diesel i20 and Verna Supply
Hyundai Motor India Ltd. is increasing its supply of diesel cars like the Verna and i20 in India by ramping up imports of engines from South Korea and the building of its first Indian diesel engine factory, reports said Tuesday.
Female, Elderly Drivers More Likely to Confuse Gas and Brake Pedals: NHTSA Report
Women account for almost two-thirds of car-crashes caused by pedal application errors, mixing up the gas pedal and brake, a National Highway Traffic Safety Administration report filed in March concluded.
Spanish Bond Yields Top 6%, CDS Costs Rise
Spanish sovereign bond yields edged above 6 percent on Monday as investors grew wary of the government's continued struggles to reduce the deficit and improve labor market competitiveness.
Apple Shares Stumble on iPad Mini Fears, Pulls Markets Down
Apple Inc. stock took a hit Monday as it dropped more than 4 percent to $580.13 a share, its first time below $600 since March 30.
Zagato, Italian Supercar Designer, To Sell 'Volpe' Electric Car for $9k
The Italian automotive design company Zagato will begin selling the Volpe, a €6,900 ($9,016) electric city car in 2013, Left Lane News reported Monday.
Euro Zone Saw Trade Surplus, But EU A Trade Deficit
The euro zone experienced a €2.8 billion trade surplus in February, however the European Union as a whole suffered a €9.4 billion deficit, a Eurostat report said Monday.
2012 Focus Review: What Ford Got Right
Ah! The Ford Focus, the mainstay of utilitarian, somewhat bland American sedans for over a decade, you might think, and in recent years, you would have been correct. As our review will show, though, the 2012 Ford Focus got upgraded in a big way, and the results are apparent in looks and performance.
2013 Avalon, Toyota's New Princess at the Ball, May Lack in Specs [PICTURES]
The redesigned 2013 Toyota Avalon was the oft-overlooked, 'Liza Doolittle of the New York International Auto Show 2012. Previous generations of the Avalon were always somewhat plain, though reliable and relatively comfortable, and they never caused a heart to beat or a young man to stutter with their looks, until now.
Volkswagen 1Q Sales Reach Record 2 Million Cars
Volkswagen Group’s global first-quarter sales surpassed 2 million vehicles for the first time in the company’s history as North American and Chinese sales rose dramatically, the company announced Friday.
Nissan Expanding Chinese Operations
Nissan Motor Co. will invest as much as 40 billion yen, $494 million, to build a fourth Chinese factory through its joint venture with Dongfeng Motor Group Co., Nikkei reported Friday.
J&J, Janssen Fined $1.1B Over Risperdal
Johnson & Johnson was fined $1.1 billion by an Arkansas judge for concealing the risks of the antipsychotic drug Risperdal.
Mortgage Rates Fall On Poor Job Growth: Bankrate.com Report
Mortgage rates fell this week over disappointing March job growth numbers, uncertainty about the ongoing debt crisis in Europe, and slower projected growth in corporate earnings, Bankrate.com reported Thursday in its weekly national survey.
GM Developing New Hybrid Or Electric Car, Company Says After Blast At Battery Site
General Motors Co. is developing a new electric or hybrid car, a company spokesman confirmed Wednesday, following an explosion at its Alternative Energy Center in Warren, Mich., where the company develops its batteries for vehicles like the Chevy Volt.
Real Life GTA: 7 Teens Huffed Paint, Went On 2-Hr Car Chase In Brisbane
Eight Australian teenagers pulled off a criminal stunt earlier this week worthy of only one moniker: real life GTA. Although there is no indication the teens were inspired by games like GTA 4, the randomness and driving style, as seen in news helicopter footage of the two-hour car chase, will seem familiar to many a gamer.
Renault-Nissan Seeks Control Of Russia's AvtoVAZ
Russia's AvtoVAZ will seek to raise as much as $2 billion as part of an effort with Renault SA and Nissan Motor Co. to increase its Russian market share and convert funds borrowed from the Russian government into AvtoVAZ shares.
After Cold Weather Testing, Tesla Brings Model S to Oslo [VIDEO]
Electric car manufacturer Tesla Motors Inc. is charging into Norway after some cold weather testing with the Tesla Roadster and Tesla Model S and will open a new showroom is Oslo, the company announced Wednesday, all as part of plan to expand its Norwegian customer base.
BMW's Apps Make iPhone A Natural Extension of the Car: New York Auto Show 2012
If you have the iPhone 4S, or are eagerly awaiting the iPhone 5 release, and also want to buy a car that can maximize your phone's capabilities, BMW AG is hoping that its time and energy will woo you. BMW has a dedicated, Silicon Valley-based division whose job is to create an interface between drivers' iPhones and cars.
Wall Street Plummets Below Key Support Level
Wall Street felt tremors Tuesday afternoon as the S&P 500 Index, Nasdaq Composite Index and Dow Jones Industrial Average both dropped precipitously following declines in European equity markets.
Global Soybean Output Drops, Futures Rise: USDA
U.S. soybean exports are up 15 million bushels for the 2011/12 crop year and soybean prices are expected to rise, while global oil seed production is down 5.2 million tons as South American soybean production plummets because of warm weather and low rainfall, a report by the U.S. Department of Agriculture said Tuesday.
Lower Small Business Optimism in March Bodes Poorly for Economy and Unemployment
Optimism among small-business owners was shaken in March, as the Small-Business Optimism Index fell, due in part to a drop in earnings compounded by a lack of positive events to boost confidence, a report by the National Federation of Independent Business (NFIB) said Tuesday.
Move Over Bugatti Veyron, the Mustang Cobra Jet is Fastest Car in the World
Pull over, Bugatti Veyron, the world has a new fastest car, the 2012 Ford Mustang Cobra Jet, and it demonstrated its speed on Monday when Bo Butner sprinted the beast in the opening race of the American Drag Racing League’s at Royal Purple Raceway in Baytown, Texas.
Titanic Facts and Cargo: What the Titanic Car Really Looked Like [PHOTOS]
When James Cameron first released his 1997 film Titanic, one scene in particular made a big splash, when the main characters Jack and Rose, played by Leonardo DiCaprio and Kate Winslet, got down to business in the back of a car in the hold of the legendary ship. Many viewers are revisiting that iconic film again as it has been rereleased in the theater in 3D just in time for the 100th anniversary of the sinking of the Titanic on the morning of April 15.