MILAN (AP) - Italian carmaker Fiat SpA reported a first-quarter loss of 83 million euros ($108 million) as European sales and profits at is U.S. partner Chrysler tumbled.
The loss posted Monday by the automaker, based in the northern Italian city of Turin, compares with a restated first-quarter
ROCHESTER, N.Y. (AP) - Eastman Kodak says it will sell its personalized and document imaging businesses to its U.K. pension plan as part of an agreement that settles $2.8 billion of claims the retirement fund had against the photography pioneer.
Eastman Kodak Co. said Monday that it is selling the
By RAF CASERTAssociated Press
BRUSSELS (AP) - The European Union plans to restrict the use of three pesticides to better protect dwindling bee populations.
The announcement Monday was cheered by environmentalists, disappointed chemical companies and came after the bloc's 27 nations failed to
PLANO, Texas (AP) - J.C. Penney on Monday confirmed that Goldman Sachs will provide it with $1.75 billion in financing.
Rumors about the financing had begun to circulate Friday.
The five-year senior secured term loan can be used to fund the company's operations as well as pay off some of its
By TOM KRISHERAP Auto Writer
DETROIT (AP) - Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared to launch several key new vehicles.
The Auburn Hills, Mich., company said Monday that it earned $166 million in the January-March quarter,
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Americans kept increasing their spending in March and their income grew, further indication that consumers are shaking off higher taxes.
The Commerce Department said Monday that consumer spending rose 0.2 percent in March from February
DETROIT (AP) - Subaru is recalling just over 10,000 of its 2014 Forester wagons because the floor mats can interfere with the clutch, brake or gas pedals.
The recall affects Foresters made from January 2013 through March. The company says the floor mats can curl when exposed to heat.
By COLLEEN BARRY and FRANCES D'EMILIO
ROME (AP) - Italy's new premier says his broad coalition will work to heal the nation's finances while encouraging economic growth.
Enrico Letta is laying out his vision Monday of a pro-European Italy focused on spurring investments and job creation
By ANTHONY McCARTNEYAP Entertainment Writer
LOS ANGELES (AP) - Michael Jackson's struggle against drug addiction was on display Monday during opening statements in his mother's wrongful death case against concert promoter AEG Live.
Competing portraits of Jackson emerged during the first
By VERENA DOBNIKAssociated Press
NEW YORK (AP) - One World Trade Center already is New York's tallest building.
And when the last pieces of its spire eventually rise to the roof, the 104-floor skyscraper that replaces the fallen twin towers will be just feet from becoming the highest in the