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Daimler, VW dampen speculation about imminent CEO succession

MUNICH - Succession is not an imminent topic at Daimler or Volkswagen, the chief executives of both carmakers said on Thursday, adding that any potential candidates would most likely come from within their respective companies.

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Thomson Reuters financial products sales improve

NEW YORK - Thomson Reuters Corp on Thursday said more clients of its Financial & Risk business added new products than canceled, the first time since 2008 that net sales were positive in the Americas, Asia and Europe for the news and information company.

10:56am EDT

Wal-Mart to close 30 underperforming stores in Japan, take charge

- Wal-Mart Stores Inc said on Thursday it would close 30 underperforming stores in Japan, scaling back in what was once considered one of the retailer's most promising markets and highlighting the hurdles it faces to securing growth overseas.

12:12pm EDT

Alibaba plays trademark card to protect lead as China's $8 billion e-commerce spree nears

BEIJING - A trademark spat between Chinese e-commerce giant Alibaba Group Holding Ltd and rival JD.com flared into public view after JD published an Alibaba letter urging publishers to be careful about advertising in promotions for China's annual "Singles' Day" spree, the world's largest online shopping day.

Tech, Media 10:19am EDT

Conoco third-quarter profit up but fourth-quarter output forecast cut

- ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported higher third-quarter profit from the sale of its Nigerian unit but lowered its fourth-quarter production outlook, sending shares down 1.4 percent.

Whirlpool wins first trial over 'moldy' washers

NEW YORK - Whirlpool Corp was found not liable Thursday by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that made them prone to developing mold.

1:06pm EDT

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