Kia Motors to Sell New Cars on eBay

Kia Motors Corp. (KIMTF) will start selling new vehicles through eBay Inc (EBAY) in a bid to expand U.S. sales.

More than 300 of the company’s 725 U.S. dealers are enrolled to list inventory on eBay and on kia.ebay.com, Bloomberg News reported.

“Th…

Bank of America Plans Text-Message Banking Service

Bank of America Corp (BAC) is planning a new service that lets customers manage their accounts by text message.

The service, which will be launched in the second half of 2011, will involve two-way texting, Reuters said. Customers will be able to move…

Exxon Mobil Sells $1 Billion of Gulf of Mexico Assets

Exxon Mobil Corp. (XOM) sold nine U.S. Gulf of Mexico oil and natural gas stakes to Energy XXI in a deal worth $1.01 billion.

The assets produce about 20,000 net barrels of oil a day, The Wall Street Journal said. They contain net proved and probable…