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Business News
European car chiefs 'reeling' from Ford warning
PARIS (AP) -- Fiat-Chrysler CEO Sergio Marchionne says fellow car bosses "are still reeling" from the profit warning that rival Ford announced on the eve of the biennial gathering in Paris....
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US stocks fluctuate after ECB President comments
NEW YORK (AP) -- U.S. markets were mostly flat in early trading Thursday, follow a sell-off the day before, as U.S. investors had little reaction to comments from European Central Bank President Mario Draghi, who announced new economic stimulus measures for the continent. European markets fell....
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Sears to raise cash through Canadian ops sale
HOFFMAN ESTATES, Ill. (AP) -- Sears, sorely in need of cash, is selling most of its stake in its Canadian unit to raise as much as $380 million through a rights offering....
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Buffett's Berkshire Hathaway buys auto dealer
OMAHA, Neb. (AP) -- Warren Buffett is getting into the automobile sales business....
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German insurer Allianz appoints new CEO
BERLIN (AP) -- German insurer Allianz SE says board member Oliver Baete will take over as chief executive in May when current CEO Michael Diekmann steps down after more than a decade in charge....
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