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Business News
GM to invest $877 million to upgrade oldest assembly plant
FLINT, Michigan (AP) -- General Motors says it's investing $877 million to upgrade an assembly plant in Flint....
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IMF signals delay on adding China to currency basket
WASHINGTON (AP) -- The staff of the International Monetary Fund is recommending that China wait until at least October 2016 to join an exclusive club of the world's top currencies....
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Travelers CEO to step down in December, cites health issues
HARTFORD, Conn. (AP) -- The Travelers Cos. Inc. said Tuesday that Chairman and CEO Jay S. Fishman will step down as CEO on Dec. 1 due to health problems. The company said Alan D. Schnitzer, head of the insurance company's business and international insurance unit, will succeed Fishman as CEO....
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Business Highlights
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Luxury retailer Neiman Marcus files for IPO valued at $100M
NEW YORK (AP) -- Luxury retailer Neiman Marcus has filed for an initial public offering for the second time in a little more than two years....
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