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Hyundai, Kia overstated gas mileage, EPA finds

Hyundai, Kia overstated gas mileage, EPA finds
By TOM KRISHERAP Auto Writer DETROIT (AP) - Hyundai and Kia overstated the gas mileage on 900,000 vehicles in the past three years, a discovery that could result in sanctions from the U.S. government and millions of dollars in payments to car owners. The inflated figures were uncovered by the

Hyundai, Kia overstated gas mileage, EPA finds

Hyundai, Kia overstated gas mileage, EPA finds
By TOM KRISHERAP Auto Writer DETROIT (AP) - Hyundai and Kia overstated the gas mileage on 900,000 vehicles in the past three years, a discovery that could result in sanctions from the U.S. government and millions of dollars in payments to car owners. The inflated figures were uncovered by the

A look at Ford Chief Operating Officer Mark Fields

A look at Ford Chief Operating Officer Mark Fields
By The Associated Press NAME: Mark Fields TITLE: Chief Operating Officer, Ford Motor Co. (as of Dec. 1) AGE: 51. (Born January 24, 1961) HOMETOWN: Born in Brooklyn, N.Y.; grew up in Paramus, N.J. CURRENT HOME: Delray Beach, Fla. (when he's not in Dearborn, Mich., where Ford is based)

Kennedy White House social secretary dead at 86

Kennedy White House social secretary dead at 86
By JESSICA GRESKOAssociated Press WASHINGTON (AP) - Letitia Baldrige, the White House social secretary during the Kennedy administration who came to be regarded as an authority on etiquette, has died. Baldrige, 86, died Monday in Bethesda, Md., friend Mary M. Mitchell confirmed Thursday. At the

Ford's Mark Fields promoted, could become CEO

Ford's Mark Fields promoted, could become CEO
By DEE-ANN DURBIN and TOM KRISHERAP Auto Writers DETROIT (AP) - Ford's leaders have watched Mark Fields, a brash Harvard MBA, turn the company's North American business into a profit machine. Now they're eyeing him for CEO. Fields, 51, was named chief operating officer Thursday, a

Ford's Mark Fields promoted, could become CEO

Ford's Mark Fields promoted, could become CEO
By DEE-ANN DURBIN and TOM KRISHERAP Auto Writers DETROIT (AP) - Ford's leaders have watched Mark Fields, a brash Harvard MBA, turn the company's North American business into a profit machine. Now they're eyeing him for CEO. Fields, 51, was named chief operating officer Thursday, a

Kellogg says Pringles helped fatten profits

Kellogg says Pringles helped fatten profits
By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - Kellogg's appetite for salty snacks is helping fatten its profits. The world's biggest cereal maker - best known for its Frosted Flakes, Pop-Tarts and Eggo waffles - says its recent acquisition of Pringles chips boosted its net

Target October sales figure rises

Target October sales figure rises
MINNEAPOLIS (AP) - Discount retailer Target Corp. said Thursday a key revenue measure rose 2.4 percent in October, as customers spent more on food and health and beauty items, but the number of people buying items was even with a year ago. Analysts expected a bigger 3.3 percent increase for the

Pfizer 3Q profit falls 14 pct on generic Lipitor

Pfizer 3Q profit falls 14 pct on generic Lipitor
By LINDA A. JOHNSONAP Business Writer TRENTON, N.J. (AP) - Drug giant Pfizer Inc. said Thursday that its third-quarter profit fell 14 percent as sales plunged, mainly due to increased U.S. generic competition to cholesterol fighter Lipitor, long the world's top-selling drug. Still, the

Glencore production solid despite falling prices

Glencore production solid despite falling prices
By JOHN HEILPRINAssociated Press GENEVA (AP) - Glencore International PLC, one of the biggest traders in raw materials like metals and coal, saw its production levels rise in the third quarter despite a drop in the price of many commodities. The Swiss-based commodities giant - whose production