U.S. housing market mired in weakness; consumer sentiment ebbs
U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a jump in...
Wall Street extends gains on German stimulus hope
U.S. stocks rose on Friday and were on track to end a bruising week on a positive note, bolstered by hopes of more stimulus from...
Deere to slash costs after trade war hits earnings
Deere & Co. on Friday announced a review of costs after quarterly profits yet again missed Wall Street’s estimates, hurt by bad weather and the...
Germany’s Nextmove cancels Tesla order, citing quality issues
German car rental firm Nextmove has canceled the bulk of a 100-vehicle order from Tesla worth 5 million euros ($5.54 million) over quality problems with...
Wall Street climbs at end of turbulent week
Hopes of more official stimulus for the economy and the easing of a bond market rally drove a broad rise in U.S. stocks on Friday,...
Oil edges up as recession fears ease but OPEC outlook weighs
Crude oil prices rose on Friday, recovering from two days of declines, after data showing a rise in U.S. retail sales helped to ease recession...
BMW’s CEO urges staff to narrow sales gap with Mercedes
BMW’s new chief executive urged employees to embrace change and to find innovative ways to help the Bavarian carmaker overtake rival Mercedes at a time...
Wall Street set to bounce after turbulent week
Hopes of more official stimulus for the economy and the easing of a bond market rally put Wall Street on track to open sharply higher...
U.S. housing starts fall further, but permits at seven-month high
U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a jump in...
Deere trims earnings forecast on trade war effects
Deere & Co. on Friday cut its earnings forecast and announced a review of costs after quarterly profits yet again missed Wall Street’s estimates, hurt...