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Hyundai to launch the new brand of luxury sedans: Genesis
Hyundai Motor Co. announced that it will launch a new standalone luxury car brand called Genesis, as the South Korean carmaker seeks to move upscale and to target higher profit margins.
Quebec defends support to Bombardier CSeries
Quebec is reacting positively to its decision of supporting Bombardier Inc with $1-billion lifeline. Quebec says its decision wouldn't attract any trade dispute from the competitors of Canadian airline.
U.S. fines Takata $70 million, bans ammonium nitrate in its air bags
The National Highway Traffic Safety Administration fined air-bag supplier Takata Corp for $70 million and is ordered to stop manufacturing inflators that has ammonium nitrate.
Jon Stewart strikes four-year deal with HBO, bringing Time Warner shares up by 2%
Jon Stewart struck a four-year production deal with HBO, boosting Time Warner's share by 2 percent during midday trading. According to a report published on Forbes, Stewart's main job for the network is to create web content.