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Wall Street pares gains as GE, tech stocks drag

U.S. stocks gave up early gains in late morning trading on Monday, with losses in GE and technology shares weighing on the Wall Street indexes.

Recent Business News

U.S. regulators approve fix for VW 3.0-liter diesel SUVs: letter

WASHINGTON U.S. and California regulators have approved a fix for about 38,000 Volkswagen AG 3.0-liter diesel sport utility vehicles with potential excess emissions, a decision that could save the automaker more than $1 billion, according to a letter reviewed by Reuters.

12:00pm EDT

EU raids Daimler and VW in widening cartel inquiry

HAMBURG/BERLIN European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion.

11:12am EDT

Fiat emissions probe centers on several models: letter

PARIS A French judicial inquiry into Fiat Chrysler (FCA) over suspected emissions-test cheating centers on whether the carmaker misled buyers of Fiat, Alfa Romeo, Jeep and Lancia cars about emissions levels, according to a letter seen by Reuters.

11:58am EDT

Fidelity Chairman's video to employees: no tolerance for harassment

BOSTON Fidelity Investments Chairman Abigail Johnson on Monday delivered a direct message to more than 40,000 employees at the asset management company: There's no tolerance for harassment.

11:53am EDT

Apple, Samsung face new iPhone damages trial: U.S. judge

A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co should pay Apple Inc for copying the look of the iPhone.

11:14am EDT


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