U.S. health insurers are not worth the long-term investment risk in the wake of the new healthcare reform law, according to brokerage Edward Jones.
Lonely Planet, publisher of the popular travel guides, launched interactive e-books for the iPad on Monday for popular European destinations.
The economy is improving but has yet to recover fully, with high unemployment and a weak housing market leaving consumers unsettled, Federal Reserve Chairman Ben Bernanke said on Monday.
The economy is improving but has yet to recover fully, with high unemployment and a weak housing market leaving consumers unsettled, Federal Reserve Chairman Ben Bernanke said on Monday.
(Corrects in fourth paragraph to show U.S. manufacturing moderated to its slowest pace since December, not in a year)
U.S.-listed shares of Research in Motion fell 2.4 percent on Monday after the United Arab Emirates threatened to suspend services for its BlackBerry smartphone users due to security concerns.
Loews Corp posted a better-than-expected 8 percent rise in quarterly net profit, as the hotels and energy conglomerate recorded a gain on investments compared to significant investment losses a year earlier.
Manufacturing growth slowed in July to its weakest rate this year, with measures of new orders and production also slowing.
Goldman Sachs said that it believed its trades with bailed-out insurer AIG during the financial crisis were accurate and its collateral calls made to AIG were reflective of the conditions in a deteriorated market.
Fears the U.S. recovery is faltering drove the dollar to a three-month low on Monday against a basket of currencies while strong European earnings pushed sterling to a six-month high against the greenback.
China's Geely on Monday completed its purchase of Ford Motor Co's Volvo unit, marking China's biggest acquisition of a foreign car maker and reflecting the nation's rapid rise in the auto world.
Ford Motor Co shares are poised to rise in the next year, despite weak auto industry sales and uncertainty over the global economy
New car sales in Japan rose for the 11th straight month and South Korea's Hyundai Motor reported a double-digit rise in global sales in July, but a slowdown looked certain as government subsidies end and comparisons become difficult from the year before.
Specialty truckmaker Oshkosh Corp reported a stronger-than-expected quarterly profit on Monday, lifted by an encouraging rebound in construction-related sales.
Hyundai Motor reported its weakest monthly sales in five months on Monday, as foreign sales slowed on easing demand growth from major markets such as China and the United States.
Ford Motor Co has acknowledged shipments of its all-new Fiesta are weeks behind schedule and apologized to still-waiting U.S. customers in a bid to protect one of its most important vehicle launches of the year.
Fear that the U.S. recovery is faltering drove the dollar to a three-month low against a basket of currencies on Monday and the euro broke above $1.3125, a key technical level, to hit its highest since May.
Humana Inc posted a 21 percent increase in quarterly profit on Monday, helped by growth in its Medicare plans for seniors, and the health insurer raised its full-year forecast.
Stocks rallied on Monday as strong earnings results and better-than-expected manufacturing data prompted investors to build on last month's run-up.
Gold prices climbed in Europe on Monday as the euro firmed to a three-month high against the dollar and prices of other commodities like crude oil jumped on the back of rising equity markets.
Spot gold rose as high as $1,190.40 an ounce and was bid at $1,185.35 an ounce at 1343 GMT (9:43 a.m. EDT), against $1,181.50 late in New York on Friday. U.S. gold futures for August delivery rose $4.10 to $1,188.00.
Chinese auto parts makers are moving into the overseas M&A fast lane, eyeing a distressed global market to close a technology gap with world leaders to meet sizzling demand at home and eventually sell overseas.
China's Geely on Monday completed its purchase of Ford Motor Co's Volvo unit, marking China's biggest acquisition of a foreign car maker and reflecting the nation's rapid rise in the auto world.