General Motors Company (NYSE: GM) reported better-than-expected third-quarter profit.
Even as the U.S. east coast was recovering from the damage inflicted by Superstorm Sandy, the deep depression which had formed over the Bay of Bengal has intensified into a cyclone and is expected to cross between coasts of south eastern Indian states of Tamil Nadu and Andhra Pradesh late Wednesday evening.
Japan’s recently established nuclear watchdog released a formal apology Tuesday for errors in its predictions regarding the nuclear fallout based on simulated disasters at six of Japan’s nuclear power plants.
Nokia Corp, Deutsche Bank, BP Plc, Advanced Micro Devices, Telefonica, Carnival Corp, Ford Motor, Home Depot, United States Steel Corp, International Business Machines Corp and Halliburton Co. are among the companies whose shares are moving in pre-market trading Wednesday.
Hurricane Sandy, which ravaged the U.S. East Coast, has also wreaked havoc in the cyber world as the storm floods knocked down the servers of several popular websites, forcing them to go offline for hours.
The U.S. stock index futures point to a higher open Wednesday with markets prepared to reopen after two days of closure as Superstorm Sandy hit the east coast.
Asian stock markets mostly advanced Wednesday as better news in Europe both on the earnings and the fiscal front along with South Korean industrial production data improved risk appetite.
The U.S. East Coast, which has been battered by the most devastating storm to hit the region in decades, is slowly recovering from the impact. The Port Authority of New York and New Jersey said John F. Kennedy International Airport in New York and Newark International Airport in New Jersey would open at 7 a.m. Wednesday with limited services.
Japan’s manufacturing activity contracted in October to an 18-month low, increasing concerns about the slowdown in the economic growth of the world's third largest economy.
South Korea’s industrial output rose in September compared to that in the previous month, ending the period of contraction for the last three months, indicating that there is hope that the country’s economy is reviving in spite of the soft global demand.
How far can central banks go?
MTA workers are assessing damage to begin service restoration after Hurricane Sandy caused "unparalleled level of damage."
Hurricane Sandy brought widespread power outages to New York City residents on Monday, as a Con Edison power plant in lower Manhattan exploded.
The NY Stock Exchange has unexpectedly shut down more than 100 times in the past century, due to events from blizzards to war.
Scott Forstall and John Browett are leaving Apple, and yet, Cupertino couldn’t be happier.
Hurricane Sandy’s effect on New York City became a lot scarier when the MTA announced via twitter Monday night that seawater had entered the city’s subway system.
UBS currently employs a total workforce of about 64,000, about 6,600 in the United Kingdom
The No. 2 U.S. automaker posted an unexpected strong third-quarter as gains in its domestic business offset European losses.
General Motors (NYSE: GM) is expected to report a 40.8 percent decline in profits for the third quarter of 2012 on Wednesday, Oct. 31.
Asian stock markets were mixed Tuesday after the Bank of Japan (BoJ) eased monetary policy for the second straight month by expanding asset purchases.
Crude oil prices declined and hovered above $85 a barrel in Asia Tuesday as demand reduced in the U.S. because of Superstorm Sandy.
South Korea’s current account surplus on a seasonally adjusted basis dropped in September compared to the previous month indicating that the weakening global demand is affecting the country’s economy.
U.S. stock markets will be closed Tuesday for the second continuous day as Hurricane Sandy, Atlantic’s Ocean’s biggest-ever tropical storm, hit the east coast Monday.
Japan’s industrial output dropped in September compared to the previous month in an indication of the faltering economy of the country and soft global demand.
Australian entrepreneurJohn Singleton is glad that no one was at his vacation home when it went up in flames Sunday evening.
Although the worst is yet to come for many on the Northeast, Hurricane Sandy has already devastated low-lying areas and coastal cities. Most dramatically, it is being reported that Atlantic City, New Jersey is basically underwater.
Damage from Hurricane Sandy is likely to cause economic losses of up to $20 billion and with the losses noticeable but temporary.
Economists vary on how much destruction they think Hurricane Sandy will cause. While it’s never good to have consumers sitting at home not spending, recovery purchases could be quite large.
A Russian ship carrying 700 tons of gold ore and 11 crewmembers went missing off of the coast of Russia Sunday
Here comes a pre-election surprise: The Labor Department could delay the closely watched October jobs report.
