Ford's near-term success is riding on getting a new UAW contract that controls labor costs for the next four years. If Ford is successful, the company's costs paid for debt will improve with a credit rating upgrade.
Fast food chain to introduce fruit and vegetables for more healthful Happy Meal
Swiss banking giant Credit Suisse may slash up to 2,000 jobs to reduce costs, according to a Swiss newspaper.
Home prices in 20 major U.S. cities rose 1.0 percent in May, Case-Shiller announced Tuesday, as the sector benefited from the arrival of the warmer months -- historically a period when home sales rise. Still, the housing sector remains sluggish, and several more monthly rises will be necessary to conclude that a recovery is underway.
Under Armour's second quarter net income surged 77 percent behind very strong direct-to consumer sales and athletic clothing and footwear sales.
Wal-Mart is moving its streaming video service Vudu to its main Web site, in a move to challenge Netflix.
Ford beat expectations with its second-quarter earnings in profit and revenue, but the company's profit slipped from one year ago due to higher costs.
Nissan Motor , the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.3 million vehicles by the end of 2015, the company said on Tuesday, as it accelerates its expansion in the world's largest auto market.
Texas Instruments Inc gave a lukewarm outlook for the current quarter, suggesting that back-to-school sales of computers and other consumer electronics would be weaker than normal.
The mortgage broking industry must attract new entrants or risk cannibalising itself, Vow CEO Tim Brown has commented.
The dollar slumped to a record low against the Swiss franc and a four-month trough versus the yen on Monday, with more losses seen if U.S. lawmakers fail to compromise on a deficit reduction plan.
Netflix short-sellers gained a measure of redemption Monday as the company missed on revenue expectations with its second quarter earnings report and the stock dropped more than eight percent in after-hours trading.
President Barack Obama, taking a combative tone in a standoff with congressional Republicans over the U.S. debt, said the country cannot deal with its budget problems through spending cuts alone.
Many U.S. airlines raised fares in recent days to take advantage of a drop-off in U.S. ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers will likely not notice any price difference.
More than 100 oil workers and contractors hired by Mexico's state oil monopoly Pemex have aided criminal gangs stealing millions of barrels of fuel over the past decade, a document obtained by Reuters shows.
Room rental service Airbnb has steadily gained in popularity, but still hasn't worked out all the kinks in its service. IBTimes takes a look at five of the biggest reasons to be weary using Airbnb.
Ivory Coast restarted negotiations with financers and France's Bouygues on Monday to build a third bridge over Abidjan's main lagoon to ease congestion, 15 years after the project was first mooted.
The U.S. Federal Reserve's much criticized bond buying spree had only mild side-effects on other economies but the process of tightening monetary policy eventually may reverberate more harshly, an IMF report said on Monday.
BP would be wise to consider splitting its operations, as ConcoPhillips and Marathon Oil recently have, to possibly gain back up to 100 billion in value, according to an analyst.
Kansas City Federal Reserve President Thomas Hoenig said the Fed should raise interest rates that are near zero to avoid economic imbalances and asset price bubbles.
Netflix missed Wall Street's expectation in second quarter earnings Monday, and the stock dropped more than eight percent in after-hours trading.
Nissan's all-electric Leaf received a five-star safety rating from the National Highway Traffic Safety Administration, the company says. Nissan is raising the price on the 2012 by several thousand dollars, but the Leaf will be sold in 21 more states.
Much of the United States may be frying in near-record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling has kept markets on edge, and investors are still waiting for a breakthrough that leads to a deal to avoid a devastating default.
Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.
Kimberly-Clark's CEO doesn't expect his company to pursue Clorox, despite Carl Icahn calling upon the company to do so.
Room rental service Airbnb recently received a 112 million dollar investment, allegedly earning the company a $1 billion valuation. IBTimes takes a look at the five biggest reasons to be weary of using Airbnb.
Netflix will report second quarter earnings Monday afternoon, and many shorts are wondering if it's just what they have been waiting for.
GE is making progress in earnings and profits as the company reshapes its business, but its stock price is lagging behind. Here's three things needed to get GE's stock price moving again.
Gold rose to fresh record high on Monday as talks over lifting the debt ceiling appeared to be stalling just days before the August 2 deadline, raising the prospect of a debt default.
A report says Google+ is requiring real names to set a positive tone on its new social networking site. A company spokesman says Google+ is working on a way to allow pseudonyms.