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GM recalls more than 27,000 Cadillac crossovers with wheel issue (23 May 05:33 am)

(Reuters) - General Motors Co is recalling worldwide more than 27,000 Cadillac crossover vehicles whose wheels could fall off due to potentially loose wheel nuts.

U.S. House votes to force approval of Keystone pipeline (23 May 05:24 am)

WASHINGTON (Reuters) - The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone

Ford to close Australia auto plants: reports (23 May 05:00 am)

SYDNEY (Reuters) - Ford Motor Co is set to announce it is closing its two Australian auto plants and will cease production in the country by 2016 as it struggles with sliding sales, high costs and a

Half of investments in emerging markets go via tax havens - study (23 May 04:39 am)

LONDON (Reuters) - Nearly half of the money that multinationals and wealthy investors poured into emerging markets in 2011 came via tax havens, resulting in revenue losses for poor countries,

Borders gift card holders deserve nothing, judge rules (23 May 04:29 am)

(Reuters) - Borders owes nothing to holders of roughly $210.5 million of gift cards that had not been used by the time the bookstore chain shut down, a Manhattan federal judge ruled on Wednesday.

Bernanke says more progress needed before stimulus pullback (23 May 04:02 am)

WASHINGTON (Reuters) - The Federal Reserve\'s monetary stimulus is helping the U.S. economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal,

Fed infighting steps up; HP sigh of relief (23 May 03:39 am)

May 22 - Summary of business headlines and recap of trading action on Wall Street and across Europe. Conway G. Gittens reports.

Midwest gasoline prices expected to cool after spike (23 May 03:32 am)

(Reuters) - Gasoline prices in the Midwest should fall in the coming days after hitting record highs in several cities last week in the run up to Memorial Day, the traditional start to the summer

PepsiCo rethinks U.S. pricing to attract more daily buyers (23 May 03:11 am)

(Reuters) - PepsiCo Inc said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit of buying soda only when it is on sale.

Fisker fields $20 million offer from Bob Lutz, Wanxiang: sources (23 May 02:42 am)

DETROIT/TOKYO (Reuters) - A team including former General Motors Co executive Bob Lutz and China\'s largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the \"green\"

U.S. stocks, oil fall after Bernanke; dollar gains (23 May 02:27 am)

NEW YORK (Reuters) - Stocks, bonds and currencies took a wild ride on Wednesday, as remarks by Federal Reserve Chairman Ben Bernanke failed to provide the clear picture investors had hoped for of the

Starbucks veteran Michelle Gass leaving for Kohl's (23 May 02:18 am)

(Reuters) - Starbucks Corp executive Michelle Gass, who was instrumental in the world\'s biggest coffee chain\'s post-recession U.S. turnaround, is leaving after more than 16 years to become chief

Electric carmaker Tesla pays off U.S. loan (23 May 02:15 am)

DETROIT (Reuters) - Electric carmaker Tesla Motors Inc on Wednesday said it has paid off its U.S. Department of Energy loan, using money raised last week in a stock and notes offering.

U.S. Day Ahead: Sears' Lampert could sell more stores (23 May 02:01 am)

May 22 - Analysts say look out for clues that Sears boss Edward Lampert will spin off Land\'s End and Sears Canada when the company reports earnings.

Wall Street falters in volatile session on Fed worries (23 May 02:00 am)

NEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to

Wall Street falters in volatile session on Fed worries (23 May 02:00 am)

NEW YORK (Reuters) - U.S. stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest U.S. Federal Reserve meeting showed some officials were

Wall Street ends lower after Fed minutes (23 May 01:35 am)

NEW YORK (Reuters) - Stocks fell on Wednesday after minutes from the latest U.S. Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June

Oil falls as Fed minutes send U.S. equities down (23 May 01:33 am)

NEW YORK (Reuters) - Brent crude extended losses in late trading on Wednesday to settle below $103 a barrel, after minutes from the Federal Reserve sent U.S. stock markets down and compounded earlier

Gold slides as Fed chief hints at reduced bond buying (23 May 01:27 am)

NEW YORK (Reuters) - Gold turned sharply lower on Wednesday, as investors weighed U.S. Federal Reserve Chairman Ben Bernanke\'s congressional testimony warning of risks to holding interest rates too

Saft Says: Bernanke continues Fed tapering talk (23 May 01:19 am)

May 22 - Reuters columnist James Saft says the Fed will keep talking about the tapering that will happen soon, but won\'t actually get around to it.

Fed: more progress needed before stimulus pullback (23 May 01:11 am)

WASHINGTON (Reuters) - The Federal Reserve\'s monetary stimulus is helping the U.S. economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed

Bernanke says more progress needed before stimulus pullback (23 May 01:06 am)

WASHINGTON (Reuters) - The Federal Reserve\'s monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed

Bob Lutz, Chinese parts maker offer $20 million for Fisker: sources (23 May 12:50 am)

DETROIT (Reuters) - China\'s largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy \"green\" carmaker Fisker Automotive,

PepsiCo rethinks U.S. pricing to attract more everyday buyers (23 May 12:37 am)

(Reuters) - PepsiCo Inc said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit of buying soda only when it is on sale.

Delta Airlines wants to stop Ex-Im help on big jets (23 May 12:23 am)

(Reuters) - Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its