Stock futures point to lower open after economic data, earnings

NEW YORK - U.S. stock index futures pointed to slight losses at the open on Wednesday as jobless claims rose to their highest level since September, though market moves were light going into the Thanksgiving holiday.

Recent Business News

Deere forecasts drop in equipment sales as farm incomes fall

- Deere & Co forecast a drop in equipment sales in the current quarter as lower grain prices discourage farmers from buying tractors, harvesters and other agricultural machinery.

8:07am EST

Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit

NEW YORK - Goldman Sachs Group Inc , Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

WTO postpones trade deal by a day after last-minute objection

GENEVA - The World Trade Organization postponed adoption of the first global trade reform in its 19-year history on Wednesday, delaying by a day after a last-minute objection from Argentina, diplomats said.

8:52am EST

Exclusive: Online protest delays EU plan to resolve U.S. trade row

BRUSSELS - European campaigners against an EU-U.S. accord have held up progress towards the world's biggest free trade deal by deluging an online public consultation that EU officials had hoped would help them unblock a key issue.

6:45am EST

China to push growth of outsourcing industry

BEIJING - China will develop international outsourcing of high-value-added services to create new advantages in foreign trade, its cabinet said on Wednesday, according to the official government website.

7:26am EST


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