Wall Street climbs at open on solid earnings
U.S. stocks were higher at the open on Friday, following a batch of solid earnings reports that eased concerns about the impact of weak global demand on U.S. growth and businesses.
Oct 17, 2014 11:15 AM EDT
Volkswagen to recall over 580,000 cars in China: government
Volkswagen AG told China's quality watchdog that it planned to recall more than 580,000 cars in the country, after the agency launched an investigation in August.
Dollar recovers broadly on favorable U.S. monetary policy view
The U.S. dollar recovered against a basket of major currencies on Thursday on the view that Wednesday's selloff was overdone given the relative strength of the U.S. economy and the Federal Reserve's commitment to tightening U.S. monetary policy.
Goldman's focus on bond trading pays off as profit soars
Goldman Sachs Group Inc (GS.N) reported a 50 percent jump in quarterly profit as last month's pickup in bond market activity helped to boost trading revenue, showing that banks sticking with the notoriously volatile business can reap big rewards.
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Lockheed says makes breakthrough on fusion energy project
Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.
Oct 16, 2014 12:01 PM EDT
Google tests waters for potential ultra-fast wireless service
Google Inc is preparing to test new technology that may provide the foundation for a wireless version of its high-speed "Fiber" Internet service, according to telecommunication experts who scrutinized the company's regulatory filings.
Oct 16, 2014 11:58 AM EDT
Data show U.S. economy's pulse is still strong
The number of Americans filing new claims for jobless benefits fell to a 14-year low last week and industrial output rose sharply in September, positive signals that could help ease fears over the economic outlook.
Oct 16, 2014 11:54 AM EDT
Global growth concerns drag Wall Street lower, selloff continues
U.S. stocks tumbled on Thursday, after the S&P 500 closed at its lowest in six months, on continued concerns about weak global demand and its potential impact on the U.S. economy and businesses.
Oct 16, 2014 11:48 AM EDT
Chrysler recalls more than 900,000 vehicles globally in two actions
Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires.
Oct 16, 2014 11:42 AM EDT
White House, companies look for ways to hire long-term unemployed
Vice President Joe Biden will meet with human resource officers from major U.S. companies at the White House on Wednesday to discuss changes to hiring practices aimed at improving employment prospects for people who have been out of work for a while.
Oct 15, 2014 12:02 PM EDT
Time Warner to set HBO free, launch over-the-top service
Time Warner Inc plans to go head-to-head with Netflix Inc and launch a standalone option in 2015 for popular pay TV channel HBO.
Oct 15, 2014 11:53 AM EDT
U.S. retail sales, producer prices give cautionary signs on economy
U.S. retail sales declined in September and producer prices also fell, worrisome signals on the economy's health that heightened financial market worries over faltering global growth.
Oct 15, 2014 11:50 AM EDT
Wall Street selloff continues on global economy worry
U.S. stocks dropped on Wednesday as economic data reinforced worries over the health of the world economy and signs emerged of slowing merger activity.
Oct 15, 2014 11:46 AM EDT
Worrying for Saudi, U.S. oil output cuts could take a while
Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.
Oct 15, 2014 11:42 AM EDT
Sergio's challenge: Build Jeep into FCA's top global brand by 2018
Auto analysts are skeptical that Sergio Marchionne, the hyperbolic chief executive of Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N), can meet his most ambitious goal: to nearly double Jeep's global sales over the next four years.
Oct 15, 2014 11:38 AM EDT
Toyota China JV recalls 93,700 sedans due to leaking brake fluid
Toyota Motor Corp's (7203.T) Chinese joint venture will recall 93,700 cars due to leaking brake fluid, China's quality watchdog said on Wednesday.
Oct 15, 2014 11:34 AM EDT