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Silicon Valley leads avalanche of quarterly reports

SAN FRANCISCO A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam.

Recent Business News

Fiat Chrysler recalling 410,000 vehicles

WASHINGTON Fiat Chrysler Automobiles NV said on Friday it is recalling nearly 410,000 vehicles worldwide because of a defect that can lead to a loss of propulsion.

Jul 22 2016

CEO says Audi plans three electric car models by 2020: paper

FRANKFURT Audi aims to have three electric car models by 2020 and for electric vehicles to account for 25 to 30 percent of its sales by 2025, Chief Executive Rupert Stadler told a German newspaper.

7:21am EDT

Hershey Trust reaches in-principle reform agreement

The board of the charitable trust that controls Hershey Co said on Friday it had reached an in-principle agreement with the Pennsylvania Attorney General's office that would avoid a legal row in exchange for reforms in how it is run.

Jul 22 2016

JPMorgan to stop settling government securities for dealers

NEW YORK JPMorgan Chase & Co will stop settling U.S. government securities transactions for most dealers by the end of next year as it streamlines its business, the bank said on Friday.

Jul 22 2016

Unsecured creditors seek quick end to Sports Authority bankruptcy

WILMINGTON, Del. Unsecured creditors of the bankrupt retailer Sports Authority are seeking to convert the case to a quick liquidation, saying in a Friday court filing the company should not waste its dwindling funds preparing a plan to end its Chapter 11.

Jul 22 2016

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