JPMorgan Chase & Co Chief Executive Jamie Dimon made a $2.29 million pretax profit by exercising stock options and then selling most of the resulting shares of the second-largest U.S. bank.
U.S. machinery maker Caterpillar Inc posted stronger-than-expected second-quarter earnings and raised its full-year outlook, citing signs of global economic stability, sending its shares up as much as 13 percent.
UnitedHealth Group Inc posted stronger-than-expected second-quarter profit on Tuesday, helped by growth in the insurer's plans for elderly and low-income Americans and in its drug benefit business, and its shares rose 2 percent.
CIT Group Inc warned on Tuesday it could still file for bankruptcy if a cash tender offer for its outstanding notes fails, one day after securing $3 billion in emergency financing from its bondholders.
U.S. stocks slid on Tuesday, retreating after initial, earnings-fueled gains were overshadowed by cautious comments on the economic outlook from company executives and Federal Reserve Chairman Ben Bernanke.
The Rural Cellular Association, whose members include about 100 small and medium-sized carriers, said on Tuesday it was encouraged by Verizon Wireless's offer to limit new exclusive handset deals but the offer was inadequate.
We chose Bermuda with its British past and multicultural present for our honeymoon. Bermuda is a bit off the norm. You can't camp nor drive a car, but you can rent a motor scooter.
President Barack Obama said on Tuesday the healthcare overhaul plan working its way through the U.S. Congress needs more work amid signs his top policy initiative, already rejected by Republicans, was running into deeper trouble with his own Democrats.
Asset manager BlackRock Inc said second-quarter profit fell from a year earlier as assets under management declined, but results rebounded from the first quarter as markets recovered.
Coca-Cola Co's better-than-expected quarterly profit was not enough to please investors who looked for stocks with stronger growth potential on Tuesday, as weaker foreign currencies reduced Coke's gains in emerging markets.
Harvard University professor Henry Louis Gates, one of the nation's most powerful African-American scholars, was charged of disorderly conduct, local media reported on Tuesday.
Dubai's Al Nassma, the world's first brand of chocolate made with camels' milk, plans to expand into new Arab markets, Europe, Japan and the United States, its general manager said on Tuesday.
Bernanke Sees Low Rates Ahead; Caterpillar's Big Surprise; Airlines Cut More Jobs
U.S. machinery maker Caterpillar Inc posted stronger-than-expected second-quarter earnings and raised its full-year outlook, citing signs of global economic stability, sending its shares up as much as 13 percent.
U.S. stocks fell on Tuesday, retreating after initial earnings-fueled gains were overshadowed by cautious comments on the economic outlook from company executives and Federal Reserve Chairman Ben Bernanke.
U.S. stocks fell on Tuesday, retreating after initial earnings-fueled gains were overshadowed by cautious comments on the economic outlook from company executives and Federal Reserve Chairman Ben Bernanke.
The Dow Jones industrial average dipped on Tuesday, while the Nasdaq and the S&P 500 added losses, after Caterpillar Inc , a major economic bellwether, said it expected a challenging third quarter.
Auto companies posted steep losses and poor outlooks for the industry on Tuesday, suggesting recovery is some way off despite improving economic data and a stock market rally toward nine-month highs.
No sport has quite as strong a sales pitch as surfing-a solitary rider dancing across the face of a glassy wave, seeming to master it in one moment and in danger of getting swallowed whole the next.
United Airlines parent UAL Corp and Continental Airlines posted quarterly losses on sagging travel, and both carriers, like so many other major U.S. companies, unveiled cost-cutting efforts for the second half of 2009.
Leading truckmaker Volvo (VOLVb.ST) and parts manufacturer Faurecia (EPED.PA) posted steep losses and warned of further pain across the auto sector in coming months, with no upturn likely before 2010.
As the auto industry race twists and turns over which metal to use in electric cars, the first lithium-powered sports car has hit the streets of Europe.
