China ramps up spending to spur economy, central bank sees stable policy
BEIJING (Reuters) – China’s central bank said on Wednesday it will keep monetary policy steady in 2014, even as the finance ministry said fiscal spending had surged nearly 25 percent in May from a year earlier, highlighting government efforts to energi…
What if the caution of the ‘super rich’ ebbs?
LONDON (Reuters) – Canny caution or bumbling oversight, the world’s richest people have retained huge stockpiles of zero-yielding cash throughout the recent surge in financial asset prices.
GM may be driving past ignition switch crisis
(Reuters) – For signs that General Motors Co’s ignition switch crisis may be fading, look no farther than the quiet annual meeting this week.
GM may be driving past ignition switch crisis
(Reuters) – For signs that General Motors Co’s ignition switch crisis may be fading, look no farther than the quiet annual meeting this week.
Hyundai’s hydrogen fuel-cell car makes U.S. debut
LOS ANGELES (Reuters) – A Southern California motorist drove off the lot of a Hyundai Motor Co dealership on Tuesday in a zero-emissions car touted by the automaker as marking the commercial debut of mass-produced hydrogen fuel-cell vehicles in the Uni…
Dow hits record for fourth day
NEW YORK (Reuters) – U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities’ shares fell while 10-year bond yields hit their highest level in a month.
Senators weigh tax ‘holiday’ to help fund highway repairs
WASHINGTON (Reuters) – Top Senate Democrats and Republicans on Tuesday said they were considering offering American companies a one-time tax break if they repatriate profits stashed abroad.
Target appoints GM exec to help oversee security efforts
(Reuters) – U.S. retailer Target Corp named General Motors Co executive Brad Maiorino to the newly created position of chief information security officer, as part of its plan to tighten its security following a massive data breach last year.
Insurer AIG names Peter Hancock as CEO
(Reuters) – American International Group Inc said Peter Hancock would succeed Robert Benmosche as chief executive and president, effective Sept. 1.
Dow hits record for fourth day
NEW YORK (Reuters) – U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities’ shares fell while 10-year bond yields hit their highest level in a month.
