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Ford announces Mulally retirement
Ford Motor Company has officially announces that Mark Fields will replace Alan Mulally as CEO July 1.
Mom's a Genius, Science experiment leads to family business
Mom’s a Genius, Science experiment leads to family business
Yellen cautions against being overly-optimistic
Federal Reserve chairwoman Janet Yellen told a Senate hearing Tuesday that the Fed remains on course to end a stimulus program of monthly bond purchases in October. But, she gave no indication of when the central bank might begin raising a key short-term interest rate. For a closer look at her remar
New federal rules look to inject life into housing market
Federal regulators are considering a shift away from rules requiring a 20 percent down payment for government-backed home loans. Rising mortgage rates and fewer foreclosed properties selling at bargain prices have slowed the steep recovery in the housing market. Vicente Arenas reports.
U.S. Fed continues to taper bond-buying program
The U.S. Federal Reserve has decided to continue winding down its bond-buying stimulus plan… cutting its monthly asset purchases to 25-billion dollars from 35-billion.
This is their sixth consecutive 10-billion dollar cut and it means the Fed is on course to end its purchase program in October
Microsoft to add Minecraft to its empire
US tech giant Microsoft will acquire the maker of the popular online video game Minecraft in a deal reportedly worth $2.5 billion. Microsoft’s acquisition of the Stockholm-based Mojang is expected to close by the end of 2014. Watch this video to find out more.
Beijing Property Expo sees major discounts on suburban & overseas properties
Chinese mega cities’ housing turnover has shown a sharp fall in recent months. The just ended Beijing Spring Real Estate Expo was more about buyers checking out suburban homes and overseas properties — than housing in downtown Beijing.
The French town's become a hub for animation
The French town of Angouleme already has an international reputation for its Comic book Festival, but now it’s also gaining a reputation for animation.