DETROIT (AP) - The head of General Motors' operations in China, India and Southeast Asia has decided to retire.
Kevin Wale, 57, who has led the Asian operations since 2005, will step down Oct. 31, the company said in a statement Wednesday.
He'll be replaced by Bob Socia, 58, who is now head
By CANDICE CHOIAP Food Industry Writer
NEW YORK (AP) - McDonald's restaurants in the U.S. will soon get a new menu addition: The number of calories in the chain's burgers and fries.
The world's biggest hamburger chain said Wednesday that it will post calorie information on
By DAVE CARPENTERAP Business Writer
Fidelity Investments has issued new savings guidelines suggesting that workers save at least eight times their final salary in order to meet basic income needs in retirement.
In the set of age-based targets released Wednesday, Fidelity says employees should
By The Associated Press
SAVINGS ADVICE: Fidelity Investments has issued a new set of guidelines that say workers should save at least eight times their final salary in order to meet basic income needs in retirement.
STAYING ON TRACK: To reach that goal, individuals should save an amount
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - After wrapping up a decent back-to-school shopping season, merchants are expected to see healthy sales gains for the critical winter holidays, though the pace should be slightly below last year, according to one of the first forecasts
By DAVE CARPENTERAP Personal Finance Writer
CHICAGO (AP) - Fidelity Investments has issued new savings guidelines suggesting that workers save at least eight times their final salary in order to meet basic income needs in retirement.
The nation's largest 401(k) administrator released the
By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - The stock market edged higher Wednesday after a court cleared the way for Germany to participate in a European rescue fund. Attention shifted to the Federal Reserve, which began a big two-day meeting.
The highest court in Germany ruled that the
OKLAHOMA CITY (AP) - Chesapeake Energy Corp. is selling the vast portion of its land and infrastructure in west Texas for nearly $7 billion as the company tries to strengthen its finances while shifting its focus to oil drilling, rather than natural gas.
The assets in the oil and gas-rich Permian
By DANIEL WAGNERAP Business Writer
WASHINGTON (AP) - As it announced its first big enforcement action against Capital One Financial this summer, the Consumer Financial Protection Bureau was preparing to raid a California company that had offered to help lower at-risk homeowners' monthly
By The Associated Press
The government's new consumer protection cop has sent out more than 100 subpoenas to financial companies springing from dozens of separate probes.
That's just one part of the Consumer Financial Protection Bureau's head-on push to clamp down on financial