Wall Street rises in volatile session ahead of jobs data

- 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

Gun maker Colt says near deal to exit bankruptcy

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.

1:30pm EDT

U.S. and euro zone business improves, Asia a concern

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.

1:49pm EDT

B&G to buy General Mills' Green Giant frozen foods business

- 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.

12:51pm EDT

VW's unassuming CFO emerges from boardroom wars as chairman

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.

3:59pm EDT

Fiat Chrysler says talking with UAW union about health care co-op

DETROIT - Fiat Chrysler Automobiles is considering a health care co-op proposed by the United Auto Workers to cut rising costs.

5:23pm EDT


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