Chrysler Group is recalling 26,397 cars and trucks to repair power-steering hoses that may become disconnected and leak fluid, raising the potential for vehicle fires.
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The chief software architect was the perfect visionary foil to strategy-obsessed CEO Ballmer. His entrepreneurial mind pushed the stodgy software giant to innovate in cloud computing and more. That’s a role Microsoft will sorel…
Shares of pharmaceutical companies Amylin, Alkermes, and Eli Lilly — partners in a new diabetes drug Bydureon — have tanked in morning trading as the U.S. Food and Drug Administration declined on Tuesday to approve the drug w…
Faced with intense competition from GPS-enabled smartphones with free navigation software, TomTom, the popular Dutch developer of portable navigation systems, announced Wednesday it is seeking to broaden its revenue base. But t…
Addressing recent reports that Ford is looking to pull out of its partnership with Mazda, the head of the Japanese carmaker said Wednesday that the alliance remains intact. “We have an agreement with Ford,” Mazda CEO Takashi Ya…