NEW YORK - U.S. stock index futures turned negative on Thursday after data showed the U.S. economy grew faster than initially estimated in the third quarter and jobless claims fell for a third straight week.
Recent Business News
FRANKFURT - General Motors will drop the Chevrolet brand in Europe by the end of 2015 after it failed to build a significant market share, and focus instead on its Opel and Vauxhall marques in a drive to return to profit on the continent.
NEW YORK/BOSTON - JPMorgan Chase & Co is warning some 465,000 holders of prepaid cash cards issued by the bank that their personal information may have been accessed by hackers who attacked its network in July.
LONDON - Consumer products giant Unilever Plc is aiming to reduce the number of individual products it sells by 30 percent by the end of 2014 as it makes its business more efficient, its chief financial officer said on Thursday.
DETROIT - Nearly 50 years after launching its affordable sports car, Ford Motor Co is unveiling a global redesign of the Mustang to try to burnish the U.S. automaker's image and spur sales of its more expensive models.
Corporate issuers seem to take Presidents' Day, or at least family ski vacations, quite seriously.
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