Business

Toyota, Justice Department Reach Settlement On Recall

10:28am March 19, 2014

by Brian Naylor

The Justice Department announced Wednesday that it has reached a billion-dollar agreement with Toyota, settling a federal probe into the company's handling of a recall for faulty gas pedals.

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Top Reviewers On Amazon Get Tons Of Free Stuff

3:41pm March 18, 2014

by Lisa Chow

"I have so many Bluetooth speakers, it's ridiculous," Amazon's top reviewer says. He's also received headphones, laser printers and a spin bike.

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Report: Most Americans Not Putting Enough Away For Retirement

9:44am March 18, 2014

by Chris Arnold

The stock market surge has given a lift to many retirement portfolios. But a new report finds that most Americans haven't saved nearly enough for the kind of retirement they expect.

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Primark To Pay $10 Million To Victims Of Bangladesh Factory Collapse

5:24am March 18, 2014

by David Greene

British clothing retailer Primark says it will pay $10 million in compensation to the victims of the Rana Plaza factory collapse in Bangladesh last year. The tragedy killed more than 1,100.

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Shaft, a small Japanese company, makes one of the most advanced humanoid robots on the planet. In December, Shaft's bot grabbed the top spot at the Defense Advanced Research Project Agency's Robotics Challenge.

With Google's Robot-Buying Binge, A Hat Tip To The Future

8:56pm March 17, 2014

by Steve Henn

The price and difficulty of building robots has fallen, and Google has scooped a half-dozen robotics firms. It's a safe bet that bots will be an increasing part of our workplaces and daily lives.

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National

Clothing Retailer Lands End To Split From Sears

11:59am March 17, 2014

by David Greene

Lands End, the outdoor clothing retailer, will spin off from Sears Holdings Corp. next month and operate as a stand-alone, publicly traded company.

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Jim Yong Kim joined the World Bank as president in 2012.

The World Bank Gets An Overhaul — And Not Everyone's Happy

6:35pm March 13, 2014

by Jackie Northam

The World Bank is undergoing a vast reorganization, its first in nearly 20 years. The process has been controversial, but the bank's president says it's needed to foster better internal collaboration.

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Senate Committee To Consider Fischer For Fed's No. 2 Spot

7:44am March 13, 2014

by John Ydstie

Stanley Fischer, President Obama's choice to be the Federal Reserve's vice chairman, is on Capitol Hill Thursday for a confirmation hearing .

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The Affordable Care Act could encourage people to start new businesses by solving an age-old problem: job lock.

Health Care Law Helps Entrepreneurs Quit Their Day Jobs

6:37am March 13, 2014

by John Ydstie

Employer-provided health care can deter people from leaving their jobs to start their own businesses. Analysts say Obamacare could alleviate so-called entrepreneur lock.

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White House Meeting To Examine Women's Pay

7:32am March 12, 2014

by Tamara Keith

President Obama is expected to meet on Wednesday with female members of Congress. There are reasons for the president's focus on women that involve both policy and politics.

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