North America

JPMorgan's Dimon gets cash bonus, total pay unchanged

JPMorgan Chase & Co (JPM.N) paid Chief Executive Jamie Dimon a first cash bonus in three years, part of a total 2014 pay package of $20 million that was unchanged from the year before.


Cadillac says small SUV at least four years away

General Motors Co's (GM.N) Cadillac brand is at least four years away from introducing a small sport-utility vehicle which is a critical part of expansion plans, the brand's president said on Thursday.

BMW, Volkswagen join with ChargePoint to build EV fast-charging stations

German automakers BMW and Volkswagen (VOWG_p.DE) are joining with ChargePoint to build a U.S. network of fast-charging stations for electric cars and plug-in hybrid vehicles, the companies said Thursday.

Atlantic City bankruptcy talk 'premature': turnaround team

It's "premature" to talk about bankruptcy for troubled gaming resort Atlantic City, Detroit's former turnaround expert said Thursday as he signed on with the latest bid to revive a city some see as bound to follow the path taken by the Motor City.


Latest News

U.S. airlines on Thursday forecast enormous fuel savings in 2015 but hinted that ample consumer demand would allow them to avoid fare discounts and pass savings on to shareholders.
Starbucks Corp (SBUX.O) on Thursday said traffic to its Americas-region stores perked up during the holiday quarter, easing investor jitters about slower growth and boosting shares over 4 percent in after-hours trading.
New world trade talks had to level the playing field between developed and developing economies on farm support and avoid being held hostage by countries unwilling to open markets, U.S. Trade Representative Michael Froman said in an opinion piece to be published on Thursday.
Union and oil company negotiators began talks on Wednesday for a new nationwide contract covering hourly workers at 63 U.S. refineries that account for 64 percent of national refining capacity, according to a union spokeswoman.
Worldwide child deaths will be halved over the next 15 years, polio, guinea worm and river blindness will be eradicated, and there will be a single-dose cure for malaria.
New York's Governor Andrew Cuomo announced a $142 billion state budget on Wednesday that keeps spending growth below 2 percent and promises more money for big-ticket infrastructure projects while cutting property taxes.
Microsoft Corp surprised the tech world on Wednesday with a prototype hologram visor that can bring the Minecraft video game, Skype calls and even the landscape of Mars to three-dimensional life.
EBay Inc's plans to break up into three different companies could accommodate would-be suitors, signaling a potential merger fight after the breakup.
American Express Co will cut more than 4,000 jobs this year, an executive said, after the credit card company also reported higher quarterly expenses and provisions for bad loans.
President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals.