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Australian banks have relied on wholesale finance to bridge a funding gap for the fourth month in a row, as an expansion in lending continues to outstrip deposit growth.
The digital thermostat from Nest Labs Inc. is one example of the "Internet of things" in action.
A company that makes aluminum wheels for cars and other vehicles says it will shut down its manufacturing plant in Rogers, eliminating 500 jobs.
The lawsuit filed Tuesday in U.S. District Court in Manhattan in NYC names 29 people who were killed in crashes and 629 who were hurt.
Fiat, whose shareholders vote Friday on the merger with Chrysler, said net profit was 197 million euros , compared with 435 million euros in the same period last year.
From a rare made-in-America 1925 Rolls-Royce to the Mercury convertible that started life in the 1964 World's Fair, each of the more than 250 vehicles on display at Sunday's Concours d'Elegance of America at the Inn at St. John's had a story behind it.
Volkswagen is closing in on Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality.
Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.
The Detroit-based company was the former finance arm of automaker General Motors, but now it operates as an auto finance company and bank after being bailed out by the government.
The company said Tuesday its quarterly sales dropped 46 percent from a year ago for its military vehicles.
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Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia.
KEEPING SCORE: Japan's Nikkei 225 added 0.6 percent to 15,618.07. South Korea's Kospi posted its highest close since August 2011, rising 0.6 percent to 2,061.97.
The Los Angeles Police Department held a press conference at 4 p.m. Monday to announce the arrest of four suspects in connection with the murder of USC graduate student Xinran Ji .
The dynamism reflected in a series of newly-developed Internet delivery products from COMPS InfoSystems, Inc., the nation's leading commercial real estate information service, continues to unfold with the introduction of its Pipeline search engine at a demonstration event today in Denver, Colorado before a select group of key industry ... (more)
An influential consumer magazine on Monday called on Toyota Motor Corp. to recall about 177,500 older Camry hybrid sedans to address potential power brake defects.
Updated: Thu Jul 31, 2014 07:47 am
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