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Woman sues Deere over racial slursWoman sues Deere, claiming the farm-implement company did nothing to stop racial taunts from co-workers, a demotion, and a doll painted black hanging on her garage door. Although woman sues Deere, company declines to comment.聽
Jeep not moving to China, Mr. RomneyJeep is not moving to China and out of the United States, Chrysler executives reaffirmed Tuesday after it became an issue in the US presidential campaign. Mitt Romney said that Chrysler was thinking about moving all Jeep production from Ohio to China during a rally last week.聽
New York Stock Exchange will reopen WednesdayAfter Hurricane Sandy closed down the New York Stock Exchange for two days, markets will reopen Wednesday.聽European聽stock聽markets rose broadly Tuesday after falling the day before.
Ford Motor Company: Europe spoils strong US earningsFord' Motor Company's聽third-quarter profit eased 1 percent to $1.63 billion as European losses swamped record North American profits.聽Ford Motor Company's聽revenue fell 3 percent to $32.1 billion as vehicle sales dropped in Europe and South America.
Hurricane Sandy will keep markets closed TuesdayThe last time the New York Stock Exchange was closed for weather was in 1985 because of Hurricane Gloria. It will be the first time since 1888 that the stock exchange closes for two consecutive days because of weather.
Hurricane Sandy to cost billions. Will the economy stand?Hurricane Sandy is causing disruptions for companies, travelers and consumers. But for the overall economy, damage from Hurricane Sandy will likely be limited. Economists estimate the damage will cost between $10 billion and $20 billion.聽
Stocks rise if Romney wins; bonds, if Obama doesStocks would rally with a Romney win, because it would signal a change of direction, according to a Barclay's survey of professional investors. Stocks would sell off briefly with an Obama victory as investors would move to bonds.
Burger King net income drops a whopping 83 percentBurger King said Monday that its third quarter net income dropped 83 percent. Much of the Burger King revenue hit came from聽the company selling company-owned stores to franchisees.
American Airlines mechanics: Many buyouts, few layoffsAmerican Airlines will not have to resort to mass layoffs during its bankruptcy, because so many mechanics accepted American Airlines' buyout offer.
Weak earnings reports weigh on stocksStocks were mostly lower Friday in response to weak corporate earnings reports. Tepid economic growth in the US also pushed stocks down.
Newell Rubbermaid to shed 10 percent of workforceNewell Rubbermaid, maker of Sharpie pens and its namesake containers, plans to cut 1,900 jobs, or about 10 percent of its worldwide workforce. The cuts are part of a reorganization effort by Newell Rubbermaid over the next two and a half years.聽
Jobless claims drop. Unemployment rate to follow?Jobless claims in the US fell by 23,000 to 369,000 last week after being distorted by seasonal adjustment problems. When jobless claims聽fall below 375,000, it suggests hiring is strong enough to lower the unemployment rate.
Apple, Amazon earnings misses could rattle marketApple posts a rare miss on earnings but beats analysts' earnings expectations. Amazon disappoints on both counts, which could sour the market's mood.
Stocks edge higher, breaking a weeklong slumpStocks eked out the week's second day of gains Thursday after flipping between gains and losses for most of the day. A strong report from Procter & Gamble boosted stocks early in the day.
American Airlines will hire 2,500 pilotsAmerican Airlines expects to hire 2,500 over the next five years as it ramps up international flights, the company said Wednesday. American Airlines currently has 8,000 active pilots.
Cybersecurity chief: Attacks on US banks tough to pin downCybersecurity getting increased attention from US government after a wave of Internet attacks on US banks. Pentagon blames Iran, but cybersecurity expert Gil Shwed says they could come from any developed country.
World's longest flight: cancelledWorld's longest commercial flight, from Singapore to Newark, New Jersey, is being cancelled by Singapore Airlines. The world's longest flight, flown in a gas-guzzling Airbus A340-500s,聽proved too costly for the airline.聽
British recession ends on Olympics' economic boostBritain posted its strongest quarterly GDP growth in five years in the third quarter, the government said today, thanks in part to temporary factors like this year's Olympics.
Sprint Nextel subscribers flee; earnings fallSprint Nextel lost subscribers and struggled to compete with mobile industry juggernaut Verizon Wireless in the third quarter earnings period. Unlike Verizon and AT&T, Sprint Nextel failed to see a boost from the new iPhone 5.聽
Olympics vault Britain out of a recessionOlympics spending and tourism helped pull Britain from its nine-month recession last quarter. But economists warn that the one-time boost from the Olympics aren't a permanent fix for the nation's weak economy.聽
