WASHINGTON A U.S. consumer watchdog on Thursday proposed new rules to block credit card companies, banks and other companies from forcing customers to waive their rights to join class action lawsuits and only settle disputes through arbitration.
DETROIT - Ford said Thursday it is investing $182 million in Pivotal, a Silicon Valley-based software development company, to gain access to cutting edge software development expertise that the automaker admits it would struggle to develop on its own.
Kellogg Co. said its first-quarter earnings fell 33% in the latest quarter as lower revenue, dinged by currency translations, and higher interest expense hurt the company's bottom line.
May 5 Canada's main stock index was set to open higher on Thursday, tracking gains in oil prices as a huge wildfire near Canada's oil sands region and escalating tensions in Libya stoked concerns of a near-term supply shortage.
Brian Roberts and other Comcast execs are doing their best to allay fears associated with the company acquiring DreamWorks Animation, holding a meeting to talk directly with the animation studio's employees.