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Updated: 16 min 10 sec ago

Senator 'Disappointed' With GM CEO in Prickly Exchange

Wed, 04/02/2014 - 12:41pm

Sen. Barbara Boxer, D-Calif., voices her disappointment with General Motors CEO Mary Barra over the company's handling of an ignition switch recall on Chevy Cobalt cars.


    





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Safety More Important Than Cost at New GM, CEO Barra Says

Wed, 04/02/2014 - 12:25pm
General Motors' CEO Mary Barra defended the automaker against charges of a coverup on Wednesday during a senate hearing investigating why GM took so long to recall 2.6 million cars for a defective ignition switch blamed for 13 deaths.
    





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Microsoft Announces Cortana, Siri-Like Personal Assistant

Wed, 04/02/2014 - 12:09pm
Microsoft announced a rival to Apple's popular digital "assistant" Siri on Wednesday -- and she's called Cortana.
    





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GM: Cobalt Safe As Long As Key Ring Not Too Heavy

Wed, 04/02/2014 - 11:54am

General Motors CEO Mary Barra talks about whether it is safe to drive recalled Chevy Cobalt cars.


    





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Crash Victim's Mom: Meeting GM 'A Waste of My Time'

Wed, 04/02/2014 - 11:54am

Renee Trautwein, whose daughter was killed in a 2009 crash, found little comfort in a Monday meeting with GM's CEO Mary Barra.


    





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Silicon Valley Crowned No. 1 Luxury Home Market

Wed, 04/02/2014 - 11:38am
The tech boom is turning Silicon Valley dirt into gold.The Coldwell Banker Previews International survey ranked Woodside, Calif., in the heart of Silicon Valley, as the nation's top luxury market.
    





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Stocks Inch Upwards After Monthly Private Sector Jobs Report

Wed, 04/02/2014 - 10:06am
Stocks inched up on Wednesday, following a private-sector job report showing nearly 200,000 new positions were filled last month.The Dow Jones Industrial Average was 7 points higher in early morning trading and the S&P 500 and the Nasdaq were also marginally higher.
    





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Supersonic Jet Ditching Windows for Display Screens

Wed, 04/02/2014 - 10:06am
No matter what perks airlines take away from you, the one thing you can still count on is a genuine peek at the clouds at 35,000 feet. That might go away, too, one day, replaced with a virtual reality version of the iconic airplane window.
    





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U.S. Companies Added 191,000 New Jobs Last Month, Survey Says

Wed, 04/02/2014 - 9:35am
The U.S. economy created nearly 200,000 new private-sector jobs last month, a closely watched economic indicator reported on Wednesday, feeding hopes about the economic recovery and a thaw in labor markets.
    





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Crash Victim's Mom on GM: It's a 'Total Cover-Up'

Wed, 04/02/2014 - 9:04am

Renee Trautwein, who lost her daughter Sarah in an accident involving a Chevrolet Cobalt, tells TODAY that the car’s airbags never deployed, a sign that the ignition may have switched off due to the faulty part at the center of GM’s recall.


    





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Chrysler Recalling Almost 900,000 SUVs Over Brake Problems

Wed, 04/02/2014 - 8:18am
The U.S. side of Fiat Chrysler Automobiles plans to recall nearly 900,000 recent sport-utility vehicles because of potential brake problems that could become especially severe in colder climates.
    





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Charles Keating, Center of Savings and Loan Scandal, Dies at 90

Wed, 04/02/2014 - 12:49am
Charles H. Keating Jr. — the infamous banker who built and lost a financial empire and played a leading role in the costliest savings and loan debacle of the 1980s — has died, his lawyer confirmed to NBC News. He was 90.
    





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Market for New Boats Sees Signs of Rebound

Tue, 04/01/2014 - 7:55pm
If it floats, it's better to rent than own — that was never truer of yachts and boats than after the financial crisis struck. But several years on, signs are emerging that the new boat market will finally return, potentially creating an opportunity even for practical investors.
    





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Banks Drop Lawsuit vs. Target, Trustwave Over Data Breach

Tue, 04/01/2014 - 6:53pm
Two U.S. banks that sued Target Corp. and credit card security firm Trustwave Holdings Inc. over responsibility for one of the largest data breaches on record have, at least for now, dropped their lawsuit.
    





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What is High-Frequency Trading and What's the Fuss?

Tue, 04/01/2014 - 6:22pm
The floor of the New York Stock Exchange went still on Tuesday as two investment gurus and the author of “Moneyball” clashed on CNBC over a controversial question: Is the stock market “rigged”? Traders stopped what they were doing and stood glued to their TV screens.But what’s it all about?
    





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GM Takes Heat From Families, NHTSA, Congress

Tue, 04/01/2014 - 6:07pm

GM is taking body blows from federal safety regulators and families of some of the 13 people whose deaths have been linked to ignition switches.


    





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'Innocent Victims': Families Want Answers From GM

Tue, 04/01/2014 - 5:35pm
Family members of crash victims gathered in front of the Capitol on Tuesday, hours before the chief executive of General Motors was set to appear before a House subcommittee to address the recall of vehicles connected to at least 13 fatalities.
    





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Watch the Fight That Halted Trading on Wall Street

Tue, 04/01/2014 - 5:05pm
It takes a lot to stop trading on the floor of the New York Stock Exchange. On Tuesday, there wan't much action for about 23 minutes as traders were glued to their TV monitors.The cause of the inaction? A heated CNBC TV debate, pitting IEX's Brad Katsuyama vs.
    





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Samsung: Apple's Patent Claims Are 'Gross Exaggeration'

Tue, 04/01/2014 - 4:49pm

The two companies resume their long-running court battle over claims that Samsung copied the iPhone.


    





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Stocks Post 3-Day Win Streak, S&P 500 Sets New High

Tue, 04/01/2014 - 4:34pm
Stocks kicked off the second quarter with solid gains Tuesday, with the S&P 500 setting a fresh intraday record following a batch of economic reports.Major averages logged a three-day win streak for the first time since February.
    





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