General Motors Co (GM.N) awarded its top executives with shares in the company as part of a long-term incentive plan, according to company filings with U.S. regulators.
North America
Canada's Fairfax to buy insurer Brit Plc for $1.88 billion
Fairfax Financial Holdings Ltd, a Canadian property and casualty insurer, said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to gain a significant presence in the Lloyd's of London market.
From cattle to corn, crude oil dive ripples through farm economy
Craig Uden, who fattens cattle for beef on his Nebraska feedlot, expects to cut his energy costs by as much as a quarter this year because of falling oil prices - a silver lining in an otherwise tough rural economy.
Freighter backlog worsens outside major West Coast ports
Growing numbers of freighters were backed up around the two busiest U.S. cargo hubs on Sunday because of a dispute between shipping companies and dockworkers that has led to a partial shutdown of ports along the West Coast.
Draft U.S. rules on commercial drones keep some limits on use
The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been eyed by companies as a potentially breakthrough use of the technology.
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For renowned international architect Zaha Hadid, something in Miami never added up: the architecture didn't match the city. The city lacked residences to back up its diverse, international population and burgeoning reputation for high-end culture, including Art Basel, a large, annual contemporary fair.
Labor Secretary Tom Perez will travel to California to help broker an agreement between shipping companies and dockworkers in a dispute that has led to a partial shutdown of ports along the U.S. West Coast, the White House said on Saturday.
U.S. aviation regulators are preparing to ease commercial restrictions on small drones under a draft rule to be released Sunday, according to regulators and a government analysis that leaked over the weekend.
General Motors Co (GM.N) on Saturday recalled 81,123 cars because of concerns about their electric power steering systems. The recall is an expansion of one last year that recalled 1.3 million vehicles for steering problems. Saturday's recall covers 2006 and 2007 Chevrolet Malibu, Malibu Maxx and Pontiac G6 cars.
United Airlines (UAL.N) will outsource about 1,150 positions at 16 airports across the country, but reached tentative agreements with its union to keep another 800 jobs in-house that also had been under scrutiny, a company spokesman said on Friday.
The U.S. airline industry expressed concerns on Friday about the tentative merger of Expedia Inc (EXPE.O) and Orbitz Worldwide Inc (OWW.N), saying it could hurt the travel business, but hinted it would not lobby actively against the deal.
The U.S. Food and Drug Administration said it approved Japan's Eisai Co Ltd's drug to treat the most common form of thyroid cancer more than two months ahead of the review date.
Apple Inc (AAPL.O) has a secret lab working on the creation of an Apple-branded electric car, the Wall Street Journal reported on Friday, citing people familiar with the matter.
U.S. banks are finding that "co-branded" credit cards they offer with retailers, airlines, hotels and other consumer companies are increasingly a lousy business, one not likely to get better soon, industry executives said.
