German automaker Volkswagen said Thursday that the U.S. cars identified as having been fitted with software to cheat on emissions tests include some vehicles with a newer diesel engine. The company said …
Caterpillar Inc (CAT.N) posted lower quarterly profits and cut its outlook, weakened by slower Chinese economic growth and Brazil’s recession, but shares rallied on relief that the report was largely consistent with last month’s warning and restructuring announcement. “The results were in line with the pre-announcement and not worse,” said Longbow Research analyst Eli Lustgarten, commenting on the jump in shares, up 4.3 percent in midday trade. The world’s largest
Without federal action, Puerto Rico “could easily become a humanitarian crisis,” a top Treasury counselor said on Capitol Hill.
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
U.S. stocks traded sharply higher on Thursday, as Wall Street digested the European Central Bank’s rates decision.
Americans snapped up more homes in September, suggesting that the U.S. housing sector remains insulated from global economic turmoil. The National Association of Realtors said Thursday that sales of existing …
“We are not in uber-boom mode,” says Neil Dutta.
As Google’s holding company Alphabet prepares to report its most-recent quarterly earnings, the stock’s chart appears ready to break out, according to one leading technical analyst.
After Caterpillar posts an earnings miss, CEO Doug Oberhelman said “Our day will come, but it’s not right now.”
“While still in the early stages, we believe our turnaround plan is starting to generate the change needed to reposition McDonald’s as a modern, progressive burger company,” Easterbrook said in a statement. The United States, McDonald’s top profit market, reported a surprise 0.9 percent increase in sales at restaurants open at least 13 months. McDonald’s said breakfast items and its new Premium Buttermilk Crispy Chicken Deluxe sandwich helped the division