Business

Photo

GM recalls far from calamity for some dealers who find new customers, business

FOX LAKE Ill. - The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.

Recent Business News

Liberty Media plans stock dividend to spin off cable assets

- John Malone's Liberty Media Corp started the process of spinning off its cable assets through a stock dividend to its shareholders to form a new listed company called Liberty Broadband.

9:09am EDT

BSkyB to pay $9 billion to create Sky Europe

LONDON/PARIS - Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.

Mazda recalls U.S. cars with faulty Takata air bags

- Japan's Mazda Motor Corp will broaden a recall of cars sold in the United States because an air-bag inflator, supplied by Japan's Takata Corp , could rupture and seriously injure occupants.

9:29am EDT

Argentina says debt deal possible if holdouts act in good faith

BUENOS AIRES - Argentina said on Friday that a debt deal could be reached with "holdout" investors suing the country for full payment of their bonds if they, and a U.S. judge who has ruled in their favor, start acting in good faith and showing a rational attitude.

9:39am EDT

FBI investigates Ford engineer after listening devices found: report

DETROIT - A 43-year-old former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the Detroit News reported on Friday.

8:37am EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary