Russia a Popular Market for U.S. Companies
As Russia's move to send its military into Ukraine rattles global markets, some of the most recognizable companies in the U.S. are also bracing for whatever might lie ahead.
Berkshire Profit Doubles to Record on Kraft Heinz
Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined.
China Damage Spreading
Wall Street is paying close attention to how China's currency drop could sting major U.S.firms including Apple, Qualcomm, and Yum Brands.
German automakers buying Nokia's HERE map business, say it will lead to autonomous driving
A consortium of German automakers Audi, BMW and Daimler are buying Nokia Corp.'s HERE map business to incorporate into automotive technology and eventually autonomous driving.
AT&T evolves beyond phones with pending DirecTV purchase, growth in car business
The company whose name has long been synonymous with telephones is looking for new ways to reach out and touch someone.
Uber buys digital mapping service deCarta, lessening dependence on tools from Google, Apple
Uber Technologies is buying digital mapping specialist deCarta in a deal that may help the rapidly growing ride-hailing service lessen its dependence on navigation services supplied by Google and Apple.
7 Markets Ripe for Technology Disruption
The tech industry is known for overhyping new technology as the next big thing … and then, nothing happens. Here are 7 that are way overdue.
Report: Frustrated Ford Board to Press Mulally on Future Plans
Worried the speculation about his future has become a distraction, Ford directors plan to press Alan Mulally for a decision.
Allstate Profit Falls 47% as Claims Rise
Home and auto insurer Allstate Corp reported a 47 percent fall in quarterly profit as the company paid out more in claims.
Hyundai's 1Q earnings down as vehicle sales drop, local currency strengthens
Hyundai Motor Co. says its first-quarter profit dropped due to lower vehicle sales and the strong local currency.
Warren Buffett: ‘Keystone Should Be Done’
In an exclusive interview with the FOX Business Network, Warren Buffett offered his support for Hillary Clinton and said President Obama should approve the Keystone XL pipeline.
Uber teams up with hotel chain Starwood, giving hotel points for car rides
Uber is partnering with hotel chain Starwood to give riders a bit more incentive to choose the ride-hailing service over a taxi.
Experts: safety technology is reducing car crashes, but may not lower insurance rates
More cars and trucks are being equipped with cameras, radar, automatic breaking and other safety technology that help avoid accidents, but drivers may not see their insurance bills go down anytime soon, experts in the auto and insurance industries said Thursday.
Aluminum-sided Ford F-150 gets mixed crash test results from insurance industry
Ford's aluminum-sided F-150 pickup saw mixed results in new crash tests.
Business Highlights
___ US probing possible airline collusion that kept fares high WASHINGTON (AP) — The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.
Only 3 of 7 midsize SUVs perform well in insurance industry front crash tests for 2015 models
Only three of seven midsize SUVs from the 2015 model year performed well in front-end crash tests done by an insurance industry group.
Ally says Michael Carpenter is retiring as CEO after 5 years; company promotes Jeffrey Brown
Auto financing company Ally Financial says that Michael Carpenter, who became the company's CEO about a year after Ally was bailed out by the federal government, is retiring and stepping down from the board of directors.
A huge Northeastern snowstorm shuts down some businesses but pumps up sales at others
Businesses large and small are feeling the effects of a huge snowstorm sweeping into the Northeast Monday.
Louisiana attorney general sues State Farm, accusing insurer of unsafe auto repair practices
Attorney General Buddy Caldwell filed a lawsuit Tuesday against State Farm, alleging Louisiana's largest auto insurer is illegally steering customers involved in car accidents to repair shops that use junkyard parts and choose cheap fixes over safety.
Prime Minister Shinzo Abe shifts from politics to business as he leaves DC for California
Japan's Prime Minister Shinzo Abe plans a swing through Silicon Valley on Thursday, speaking with Stanford University experts about innovation, building relationships with tech firms and investors, and — as head of one of the world's leading car producing nations — popping in on electric carmaker Tesla Motors.





