General Motors announced this week that for the first time in nearly six years it will begin to pay cash dividends to its shareholders. GM stopped paying out dividends in 2008 as it struggled to save money through the recession, bankruptcy and a government bailout.
Regulators are scrutinizing big banks which control commodities like aluminum and oil. The Federal Reserve is considering restricting their ability to trade and warehouse physical commodities. But Democrats on the Senate Banking Committee suggested the Fed isn't moving fast enough on rules to prevent banks from exploiting their holdings at the expense of the public.
Security tech company 3VR has unveiled an in-store video camera that allegedly uses facial recognition to gauge your age, gender and mood. Retailers could use real-time information to customize digital signs — just as you are passing.
Hybrids and battery-powered cars are all the rage, but some car companies are investing in an older technology: diesel. The newest vehicles are cleaner and more powerful, and some drivers report getting up to 50 mpg. So what's keeping U.S. customers from switching pumps?
A new food trend gaining popularity in New York and other cities allows diners to enjoy fine meals inside someone else's home. But the food is often just an excuse for what can essentially be a really great party with a bunch of people you've never met.
Raising the minimum wage, extending unemployment benefits and attacking income inequality are all on the Obama administration's domestic agenda. And they all fall under the purview of Labor Secretary Tom Perez, who has only been on the job since July.
The push by Boeing to wring concessions from its unionized workers — including the loss of pensions — echoes what's happened at other big manufacturers and demonstrates the state of organized labor across the country.
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