Business

Business Your retirement savings: Obama proposes tougher rules Your retirement savings: Obama proposes tougher rules
The Obama administration is proposing tougher restrictions on brokers who manage Americans' retirement accounts, reigniting a confrontation with the financial services industry over rules affecting trillions of dollars in 401k and other savings accounts.
Business U.S. to fine air bag maker Takata $14,000 per day U.S. to fine air bag maker Takata $14,000 per day
The U.S. government will fine Japanese air bag maker Takata Corp. $14,000 per day for failing to fully cooperate in a long-running investigation of faulty and potentially dangerous air bag inflators.
Business Nearly 40 percent of Walmart's U.S. workers to get pay raises Nearly 40 percent of Walmart's U.S. workers to get pay raises
Hoping to shed its reputation for offering little more than dead-end jobs, Wal-Mart, the nation's biggest private employer, is giving raises to nearly a half-million workers and offering what it says are more opportunities for advancement.
Business Wal-Mart beats 4Q profit forecasts Wal-Mart beats 4Q profit forecasts
Wal-Mart Stores Inc. reported a 12 percent increase in profit for the fourth quarter as sale for the critical holiday shopping season perked up amid lower gas prices and an improving economy.