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Wall Street falls on disappointing earnings, weak data

The S&P 500 and the Dow edged lower on Thursday following weak economic data and a set of disappointing earnings from companies, including Ford.

Recent Business News

Lackluster U.S., China sales drag on Ford Motor profit, shares tumble

DETROIT Ford Motor Co reported weaker-than-expected profit in the second quarter and declared that the U.S. auto industry's long recovery was at an end, sending its stock and those of other auto companies tumbling. | Video

12:44pm EDT

Oracle to buy NetSuite for $9.3 billion to gain cloud computing clout

Business software maker Oracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion in cash, a deal designed to help Oracle gain market share in the fast-growing cloud computing business.

Tech, Deals 12:42pm EDT

Despite dieselgate, VW becomes top-selling carmaker as Toyota slips

TOKYO/BERLIN Toyota Motor Corp reported a drop in first-half vehicle sales on Thursday following a series of production stoppages, falling behind Volkswagen which became the world's top-selling carmaker in the first six months of 2016 despite its emissions scandal.

11:55am EDT

Dow Chemical says cost savings will likely exceed FY target

Dow Chemical Co reported a better-than-expected quarterly profit as lower costs helped boost margins and the company indicated that it would exceed its cost-cutting target for the year.

10:55am EDT

Mercedes rejects claims about 'misleading' self-driving car ads

FRANKFURT Mercedes-Benz has defended an advertising campaign for its new E-Class against allegations that consumers were being misled about the car's self-driving capabilities, the latest backlash by consumer groups in the wake of a fatal Tesla accident.

10:55am EDT


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