Family Dollar Stores Inc and Costco Wholesale Corp reported better-than-expected quarterly profits on Wednesday and said sales improved in September from preceding months, sending their shares higher.
A U.S. trade panel that hears patent disputes said it would investigate allegations that Toyota Motor Corp, the world's largest automaker, infringed patented technology to make its popular hybrid vehicles.
Loss-making car manufacturer Jaguar Land Rover (JLR) said on Wednesday it had secured a 175 million pound ($277.7 million) loan from the State Bank of India (SBI.BO).
U.S. traffic safety authorities have launched an investigation into Toyota Motor Corp's (7203.T) 2000 and 2001 model year Tundra pickups following complaints alleging that severe frame corrosion caused brake system failures or spare tire separation.
General Motors Co is on track to hit the financial restructuring targets set in its U.S. government-sponsored bankruptcy, but still faces risks as it tries to win back consumers in an uncertain U.S. economy, the automaker said on Wednesday.
Business software maker Adobe Systems Inc said on Wednesday it is on track to meet its fourth quarter revenue and profit outlook, which are in line with analysts estimates.
The $8 billion initial public offering by the Brazilian unit of Spanish bank Banco Santander on Tuesday was the latest multibillion-dollar deal as the global market for IPOs continues to recover.
Western drugmakers are stepping up the hunt for emerging market tigers in India.
Mammoth IPOs by the Brazilian unit of Spanish bank Banco Santander and U.S. risk specialist Verisk Analytics Inc raised nearly $10 billion on Tuesday, almost twice the amount raised by U.S.-listed IPOs in 2009.
HSBC Holdings Plc is in advanced discussions to acquire the banking assets of Royal Bank of Scotland in three Asian countries, the Wall Street Journal online reported on Wednesday.
Unemployment is the top U.S. economic political priority, a leading pollster said on Wednesday.
British bank Barclays could acquire a wealth management business at least the size of Julius Baer to meet its target of ranking in the top five private banks globally, Barclays Wealth's vice chairman said on Wednesday.
Toshiba Corp said on Wednesday it would appeal against a ruling by the European Commission that the Japanese electronics maker had participated in a power transformer cartel.
HSBC Holdings Plc is in advanced discussions to acquire the banking assets of Royal Bank of Scotland in three Asian countries, the Wall Street Journal online reported on Wednesday.
Auto sales in Vietnam surged 104 percent in September from a year earlier to 11,071 units after a 31 percent increase in August, an industry report said on Wednesday.
French car maker Renault (RENA.PA) is looking to replace its Indian partner Mahindra & Mahindra (MAHM.BO) in their struggling Logan joint venture, the Economic Times said on Wednesday, a report refuted by the French firm.
U.S. auto parts maker Delphi ended four years in bankruptcy on Tuesday, emerging from Chapter 11 as a private company and removing a major uncertainty for former parent General Motors Co [GM.UL].
Costco Wholesale Corp beat analyst expectations after posting a lower fourth-quarter profit on Wednesday, suggesting an improvement in the weak U.S. retail environment.
U.S. government-controlled mortgage finance companies Freddie Mac and Fannie Mae are working on a program to help independent mortgage banks get access to short-term credit needed to make home loans, the Wall Street Journal said, citing people familiar with the matter.
The U.S. office vacancy rate reached a five-year high in the third quarter, pushed up by extra unused space that just about wiped out all the gains made during the commercial real estate boom, according to real estate research firm Reis Inc.
A U.S. Federal Reserve report found that banks in the country are slow to take losses on their commercial real estate loans that have been hit by slumping property values and rental payments, the Wall Street Journal said. Citing a Sept 29 presentation made by Fed analyst K.C. Conway to banking regulators, the paper said the report's remarks suggested that regulators were preparing for a rerun of h...
U.S. mortgage applications surged last week to their highest since mid-May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.
Boeing Co , looking to win more business as the U.S. Defense Department seeks to bolster support to soldiers, said on Tuesday that it sees many applications for a family of advanced trailers it has developed that can be used to retrieve damaged military vehicles from hostile environments.
Yum Brands Inc , parent of the Taco Bell, Pizza Hut and KFC chains, posted a quarterly profit that blew past Wall Street's target, boosted by results from China, and raised its full-year profit forecast.
Allstate, the largest publicly-traded auto and home insurer, said on Tuesday that it had picked AIG executive Matthew Winter to be the chief executive of its troubled life insurance division.
A rule that requires New York City fast food restaurants to post calorie information on their menu boards has not changed consumer habits in low-income neighborhoods, according to a study published on Tuesday.
U.S. airlines will be required to regularly disinfect and monitor on-board drinking water systems under a new rule unveiled on Tuesday.
Young people just starting to invest and buying their first homes are potentially the winners in this recession.
Twitter CEO Evan Williams has taken his loft-for-sale listing viral.
Excessive real estate strength in Canada from ultralow mortgage rates could push the Bank of Canada to raise interest rates sooner or more aggressively than forecast, according to a TD Economics report on Tuesday.
