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KDWN

6 hours ago

France’s PSA seeks to be ‘European car champion’ with Opel

PARIS (AP) — The chairman of French carmaker PSA Group wants to create a "European car champion" with the purchase of General Motors' European car business and pledged to work with governments and unions worried over job cuts….

KDWN

4 hours ago

PSA Peugeot Citroen profits up as it eyes buy of GM’s Opel

PARIS (AP) — French carmaker PSA Group saw its profits jump last year and is giving dividends for the first time since 2011, burnishing its image as it weighs a buyout of General Motors' money-losing European operations….

KDWN

4 hours ago

Barclays says it will complete its restructuring early

LONDON (AP) — Barclays Group says it will complete its restructuring six months earlier than planned as it sheds risky assets and focuses on consumer, corporate and investment banking in New York and London….

KDWN

4 hours ago

World shares listless as Fed minutes fail to sway investors

HONG KONG (AP) — World stock markets were drifting in listless trading Thursday as the latest Fed minutes left investors unmoved….

KDWN

4 hours ago

Repsol closes 2016 with best net profit in 4 years

MADRID (AP) — Spanish energy company Repsol has reported its best annual earnings in four years as it booked fewer impairment charges related to low oil and gas prices….

KDWN

7 mins ago

Asian shares dip as Fed minutes show rate hike expected soon

HONG KONG (AP) — Asian shares slipped Thursday after the latest Fed minutes raised the possibility that a U.S. rate hike could come sooner than expected….

KDWN

7 mins ago

Japanese Nissan executive tapped to replace Ghosn as CEO

TOKYO (AP) — Carlos Ghosn, who leads Nissan and Renault, has tapped Hiroto Saikawa, a veteran Japanese executive at Nissan, to replace him as chief executive at the Japanese automaker, although Ghosn will stay on as chairman….

KDWN

4 hours ago

Spirit Airlines CEO dismisses new, cheaper fares by rivals

DALLAS (AP) — The CEO of discount carrier Spirit Airlines says he isn't worried about competing against new, cheaper fares from American and United….

KDWN

6 hours ago

Tesla swings to loss in 4Q, says Model 3 on target

DETROIT (AP) — Unable to string together profitable quarters, electric car and solar cell maker Tesla Inc. reported a loss for the last three months of 2016….

KDWN

7 hours ago

Tesla swings to lost in 4Q, says Model 3 on target

DETROIT (AP) — Unable to string together profitable quarters, electric car and solar cell maker Tesla Inc. reported a loss for the last three months of 2016….