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Friday, March 7, 2014

Ford CEO Mulally gets $14 million in stock bonus

Ford CEO Mulally gets $14 million in stock bonus


Ford CEO Mulally gets $14 million in stock bonus

Posted: 07 Mar 2014 08:38 AM PST

Ford Motor CEO Alan Mulally was awarded a performance bonus worth $13.8 million in Ford stock, according to a company filing. That's up from the stock bonus he got a year ago worth $11.6 million.

Chrysler orders donated Vipers destroyed

Posted: 07 Mar 2014 08:45 AM PST

Chrysler is ordering that aging Dodge Vipers, currently used by schools to train future car mechanics, be destroyed.

Beckham to promote Jaguar in China

Posted: 07 Mar 2014 07:16 AM PST

British soccer celebrity David Beckham is set to use his star power to promote the Jaguar brand in China.

China to fight pollution with drones

Posted: 07 Mar 2014 07:06 AM PST

China declared a "war on pollution" this week, and is now fortifying its arsenal with a new weapon: smog-clearing drones.

Stocks erase gains after February jobs surprise

Posted: 07 Mar 2014 09:04 AM PST

Read full story for latest details.

Hiring surprisingly stronger in February

Posted: 07 Mar 2014 07:34 AM PST

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Alleged Bitcoin creator denies he's the one

Posted: 07 Mar 2014 08:59 AM PST

Read full story for latest details.

Everything must go: There's a flood of store closings

Posted: 07 Mar 2014 04:20 AM PST

Brick and mortar chain stores died this week, after a long illness. Born along Main Street, raised in shopping malls across post-World War II America, the traditional store enjoyed decades of good health, wealth and steady growth. But in recent years its fortunes have declined. Survived by Amazon.com and online outfits too numerous to list.

Get ready for 'over-the-top' TV

Posted: 07 Mar 2014 04:11 AM PST

"Over-the-top is coming."

Brooklyn startup plays manufacturing matchmaker

Posted: 07 Mar 2014 07:46 AM PST

Read full story for latest details.

The real reasons to export U.S. gas

Posted: 07 Mar 2014 02:39 AM PST

The crisis in Ukraine has sparked calls for the U.S. to step up its natural gas exports. The hope is that increased supplies will weaken the hand of Russia, Iran or other nations in future confrontations.

Stocks: Mild boost from jobs

Posted: 07 Mar 2014 06:10 AM PST

After two consecutive months of disappointing U.S. employment figures, investors aren't placing any big bets ahead of Friday's February jobs report.

China has first corporate default

Posted: 07 Mar 2014 05:26 AM PST

A small Chinese solar firm has defaulted on its debt -- the first of its kind for China -- perhaps pointing to the end of 11th-hour government bailouts for troubled enterprises.

Few uninsured gaining Obamacare coverage

Posted: 06 Mar 2014 05:24 PM PST

Few uninsured Americans are gaining coverage under Obamacare, though the number has been growing recently.

Alleged Bitcoin creator pursued in L.A. car chase

Posted: 07 Mar 2014 04:52 AM PST

Bitcoin has had a lot of firsts lately. This time, it spurred its first ever car chase across Los Angeles.

Albertsons to buy Safeway

Posted: 06 Mar 2014 03:47 PM PST

Read full story for latest details.

BofA rolls out checking account for chronic overdrafters

Posted: 06 Mar 2014 01:59 PM PST

Bank of America is launching a new checking account that will prevent customers from overdrawing funds and getting dinged with frustrating overdraft fees.

Boeing to end pensions for non-union workers

Posted: 06 Mar 2014 01:42 PM PST

Boeing will end its pension plans for non-union employees by 2016 in an effort to curb the company's growing pension costs.

Man behind @GSElevator loses book deal

Posted: 06 Mar 2014 01:24 PM PST

Read full story for latest details.

Average tax refund so far: $3,034

Posted: 06 Mar 2014 11:56 AM PST

Four weeks into tax season, the IRS paid out more than 48 million refunds, at an average of $3,034 a pop. That's up 3% from the average refund paid during the same period last year, the agency said Thursday.

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