Result Page 111 for Latest Markets News & Archive

Markets

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.

Oct 16, 2014 12:06 PM EDT

Markets

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.

Markets

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.

Markets

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.

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

Toyota recalls 1.67 million Toyota, Lexus cars

Japan's Toyota Motor Corp (7203.T) said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.

Oct 15, 2014 11:27 AM EDT

GM's third-quarter global vehicle sales up 2 percent on strong China, U.S. demand

General Motors Co's (GM.N) global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States.

Oct 15, 2014 11:19 AM EDT

French bank turns to Twitter for money transfers

One of France's largest banks launched a service on Tuesday to allow its customers to transfer money to other people via tweets on social network Twitter Inc. (TWTR.N).

Oct 14, 2014 12:00 PM EDT