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Honda backs away from goal of selling 6 million cars a year
Honda Motor Co (7267.T) is backing away from its goal of selling 6 million cars a year by March 2017 to allow enough time for development, its chief executive said, conceding that recent quality woes may have had something to do with the lofty target.
Google, Mattel try to bring View-Master into 21st century
Mattel and Google are trying to bring the 75-year-old View-Master into the 21st century — with some help from smartphones and virtual reality technology.
The Costco Breakup: What's Next for American Express?
American Express and Costco are ending their 16-year relationship, a surprise move that pummeled AmEx’s stock price and will trigger a major upheaval in the card industry. Robin Sidel joins MoneyBeat. Photo: Getty.
AmEx is losing its millionaires
The competition is increasing as New York-based AmEx struggles to boost sales amid a slowdown in customer-spending growth. Revenue rose 6.6 percent in the fourth quarter, falling short of its 8 percent goal, while customer card spending increased 6 percent to $268.5 billion, compared with 9 percent in the preceding three-month period. Expenses climbed to $6.3 billion as the company said it planned to cut as many as 4,000 jobs this year to improve efficiency.
7 danger signs of stocks' coming bear market
With U.S. stocks at record levels, columnist Michael Sincere tells investors to heed the old Wall Street adage: “Sell when you can, not when you have to.”
Week ahead: At record high, stocks look to extend breakout
U.S. stocks are poised for more upward momentum even as uncertainty over oil prices and Greek debt negotiations keeps the market on tenterhooks, analysts say.
Uncle Sam to accept Apple Pay
The U.S. government will begin accepting Apple Pay later this year, said Apple CEO Tim Cook.
Boat industry finally recovering
CNBC's Morgan Brennan reports from the Miami Boat Show, where she says demand in the recreational boat industry is picking up.
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