Result Page 109 for Latest Markets News & Archive

Markets

GM posts higher-than-expected profit on strong North American demand

General Motors Co (GM.N) on Thursday reported a higher-than-expected profit in the third quarter on strong demand for its redesigned full-size pickup trucks in North America.

Oct 23, 2014 11:23 AM EDT

Markets

U.S. consumer prices rise on shelter costs, but inflation muted

U.S. consumer prices rose marginally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while.

Markets

Michigan becomes fifth U.S. state to thwart direct Tesla car sales

Michigan Governor Rick Snyder signed a bill on Tuesday that will keep electric carmaker Tesla Motors Inc (TSLA.O) from selling its cars directly to consumers in the state, home to the biggest U.S. automakers.

Markets

More lawsuits filed against Honda, Takata over air bags

The recall crisis involving Takata-made air bags exploding with too much force and spraying vehicle occupants with metal shrapnel is growing, with two more lawsuits filed over accidents in older Honda cars.

U.S. regulator expands warning over Takata air bags, more lawsuits filed

The problems for Japanese auto parts maker Takata Corp (7312.T) grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars.

Oct 22, 2014 11:29 AM EDT

Hyundai's revamped Sonata yet to rev up key U.S. market

The revamped Sonata sedan was supposed to help Hyundai Motor Co (005380.KS) reverse sluggish sales, but the car described by some critics as a bland substitute for its popular predecessor is off to a slow start in the key U.S. market.

Oct 22, 2014 11:18 AM EDT

Toyota executive stands by Takata as supplier despite air bag troubles

A top Toyota Motor Corp (7203.T) executive said on Wednesday the Japanese automaker has no plans to abandon Takata Corp (7312.T) despite the supplier's struggles with air bag inflators that could rupture and spray metal shrapnel at vehicle occupants.

Oct 22, 2014 11:11 AM EDT

Tough U.S. rivalries, China food scandal pound McDonald's

McDonald's Corp's (MCD.N) - which has not given investors many reasons to sing the fast-food chain's "I'm lovin' it" jingle - on Tuesday said quarterly profit dropped by nearly one-third and warned that global restaurant sales will fall again in October.

Oct 21, 2014 12:41 PM EDT

NY Fed spotted JPMorgan 'Whale' risks four years before scandal: report

The New York Federal Reserve knew about risks J.P. Morgan faced from certain credit derivative exposure as early as 2008, but failed to act properly to head them off, the central bank's inspector general said on Tuesday.

Oct 21, 2014 12:36 PM EDT

Coca-Cola Co profit falls; company expands cost-cutting

Coca-Cola Co (KO.N) said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined.

Oct 21, 2014 12:24 PM EDT

Two more lawsuits filed against Honda, Takata for air bag defect

The recall crisis involving Takata-made air bags exploding with too much force and spraying occupants with metal shrapnel continues to grow, with two more lawsuits filed concerning accidents in older Honda cars.

Oct 21, 2014 12:09 PM EDT

U.S. to scrap trade deal on Russian steel duties

The U.S. Department of Commerce will terminate a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties, it said in a letter to Russian authorities.

Oct 21, 2014 12:00 PM EDT

Wall St. rallies 1 percent; S&P up for fourth straight day

U.S. stocks rallied on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments jumped following their results.

Oct 21, 2014 11:56 AM EDT

Deaths linked to GM ignition-switch defect rise to 29

A program to compensate victims of a faulty ignition switch in General Motors Co (GM.N) vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by the lawyer overseeing the program.

Oct 21, 2014 11:50 AM EDT

As China gets tougher on fuel economy, some carmakers may be left behind

Chinese automakers from state-owned FAW Co to Zhejiang Geely are racing to sell more eco-friendly cars as they try to meet tough fuel economy rules due next year as part of Beijing's battle against pollution.

Oct 21, 2014 11:45 AM EDT

Dollar softer after run-up, yen supported by stock gains

Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen.

Oct 20, 2014 11:38 AM EDT