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.
Ally Financial Dips in NYSE Debut
Ally Financial, one of the nation’s largest auto lenders, fell slightly in its public debut after wrapping up the largest U.S. initial public offering so far this year.
Report: GM Selling Ally Stake for $900M
General Motors plans to sell its remaining 9.9% stake in Ally Financial. Meanwhile, shares climbed on an upbeat report from Hayman Capital.
US-Cuba diplomatic thaw could open market for hotels, department stores, even burger joints
Freighters once carried Cuban nickel and limestone to the port of New Orleans and North Dakota beans to Havana.
US factory output rose 0.8 percent in July as car-marker productivity accelerated
Auto plants, clothing makers and plastics factories drove a sharp rebound in manufacturing in July.
US manufacturing output fell 0.2 pct. in May; drop in refining activity clouds autos strength
A decline in refining oil caused U.S. factory output to slip in May, overshadowing solid gains by automakers.
SUVs, Presidents Day Deals Power February Auto Sales
Presidents Day deals and unrelenting demand for sport-utility vehicles powered February auto sales, including double-digit gains for Ford and Fiat Chrysler.
Blizzard, Calendar Quirk Lead to Mixed January Sales for Detroit Automakers
Winter weather and a calendar quirk led to mixed results for U.S. auto sales in January, although trucks and SUVs remained hot sellers across the board.
Not just Volkswagen: 5 other scandals in the auto industry
With Volkswagen's admission that 11 million of its diesel vehicles worldwide contain software that can rig emissions tests, the German automaker joins a list of auto industry scandals that spans several decades.
The Latest: VW CEO again apologizes as emissions scandal goes global, grows to 11 million cars
The latest developments in the scandal enveloping Volkswagen over the company's admission that it rigged emissions tests for diesel-powered cars.
Hearings on VW emissions scandal planned in Tennessee, home of automaker's lone US plant
Lawmakers in Tennessee plan hearings over whether the Volkswagen emissions scandal could imperil the nearly $900 million in state and local incentives that have been directed toward the German automaker's lone U.S. plant in Chattanooga.




