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Business News
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Obama kicks off campaign with $50 billion jobs plan
(Reuters)
Reuters - President Barack Obama, scrambling to jump-start job creation in a sluggish U.S. economy, announced on Monday a six-year plan to revamp aging roads, railways and airport runways with an initial $50 billion investment.
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Oil operations in Gulf unaffected by storm
(Reuters)
Reuters - BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell Oil Co (RDSa.L) said Monday that Tropical Storm Hermine was not affecting their offshore operations.
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Fiat to name Toyota executive to head sales: report
(Reuters)
Reuters - Italian car maker Fiat SpA will hire Toyota Motor Europe's (7203.T) Andrea Formica to head sales at its four-brand automotive group, Automotive News Europe said, citing sources familiar with the matter.
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