- U.S. stocks ended slightly higher on Thursday as investors, on edge after recent turmoil in China's markets, looked toward a key U.S. jobs report that may figure in the Federal Reserve's decision about when to lift interest rates.
Recent Business News
WILMINGTON, Del - Gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday.
LONDON/NEW YORK - Global manufacturing and service sector activity expanded in August at the same pace as in July, with both the U.S. and euro zone doing better than Asia, according to purchasing manager surveys.
- Snack food company B&G Foods Inc said it would buy General Mills Inc's Green Giant frozen foods and Le Sueur canned vegetables brands for about $765 million to expand its distribution network and enter the frozen foods market.
FRANKFURT - Austrian Hans Dieter Poetsch, Volkswagen AG's finance chief, faces a massive task in his future role as chairman - to maintain the support of the often divided stakeholders who have chosen to back him while improving the carmaker's profitability.
DETROIT - Fiat Chrysler Automobiles is considering a health care co-op proposed by the United Auto Workers to cut rising costs.