NEW YORK (AP) ” Mattel, the maker of Barbie dolls and Hot Wheels cars, named Christopher Sinclair as its permanent CEO Thursday.Sinclair has been interim CEO since January, when Bryan Stockton resigned from the top job as the company…
US stocks edge higher after 2 days of losses
NEW YORK (AP) ” U.S. stocks are closing slightly higher as the market shakes off two days of losses.CarMax jumped 9 percent Thursday after reporting that its profit rose sharply in the latest quarter as purchases of used vehicles…
Stock market closures on Good Friday
Stock trading will be closed in the U.S. in observance of Good Friday this week.Good Friday is an exception to other stock market holidays in the U.S. such as Thanksgiving and Christmas because it is not also a federal holiday….
Buffett says US economy continues steady improvement
OMAHA, Neb. (AP) ” Investor Warren Buffett says the economy continues to grow steadily, but too many people continue to miss out on the American dream.Buffett told CNN Thursday that he doesn’t see any real sign of weakness in the…
Autonomous car completes 3,400-mile US road trip
An autonomous car’s recent 3,400-mile U.S. road trip proves there’s at least one thing computers do better than humans: Follow the speed limit.Auto supplier Delphi Corp. fitted an Audi Q5 with radar, cameras and laser sensors to…
US oil and natural gas rig count drops by 20 to 1,028
HOUSTON (AP) ” Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 20 this week to 1,028 amid slumping oil prices.Houston-based Baker Hughes said Thursday…
Hot cars at the New York International Auto Show
NEW YORK (AP) ” The New York International Auto Show began this week with media previews. It opens to the public April 3.Here are some of the new cars unveiled Thursday at the show:MITSUBISHI OUTLANDER: Mitsubishi’s seven-passenger…
French prosecutor: Body parts have been found from all 150 Germanwings victims.
PARIS (AP) ” French prosecutor: Body parts have been found from all 150 Germanwings victims.
Milford Asset Management suspended from Super Fund
The New Zealand Superannuation Fund has suspended Milford Asset Management’s $281 million active equities mandate until a Financial Markets Authority investigation into alleged market manipulation at the Auckland-based fund manager…
World dairy prices slide 10.8pc on supply concerns
International dairy prices continued to reverse gains made early this year at this morning’s GlobalDairyTrade (GDT) auction, putting downward pressure on Fonterra’s $4.70 a kg farmgate milk price forecast and raising concerns about…