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Wall St. set to open lower on tepid earnings

U.S. stock indexes looked set to open slightly lower on Friday, as investors took cues from earnings reports of industrial heavyweights General Electric and Honeywell.

Recent Business News

Exclusive: U.S. toughens stance on foreign deals in blow to China's buying spree

A secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies by foreign buyers so far this year, people familiar with the matter said, a historically high number that bodes poorly for China's overseas buying spree.

4:17am EDT

Chinese courier ZTO sued for 'untrue statements' in $1.4 billion U.S. IPO

SHANGHAI Chinese courier ZTO Express and the underwriters of its New York stock market listing have been sued by a U.S. pension fund that alleges the firm exaggerated its profit margins to lure investors into its $1.4 billion initial public offering.

8:11am EDT

German automakers may have colluded over diesel emissions treatment systems: Spiegel

FRANKFURT Germany's carmakers VW , BMW , Audi, Porsche may have colluded to fix the prices of diesel emissions treatment systems using industry committees, German magazine Der Spiegel reported on Friday.

8:21am EDT

GlaxoSmithKline's new CEO prepares to trim drug pipeline

LONDON GlaxoSmithKline's new chief executive, who has already made her mark with plans to divest some nutritional products, will turn next week to the main business of focusing the company's pipeline of new drugs.

8:49am EDT

Wanted: Housewives to beat staff crunch at Japan's FamilyMart

TOKYO Japan's second-largest convenience store chain hopes it has found an answer to its labor problems - housewives.

8:01am EDT

Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 


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