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U.S. factory activity expands in August at fastest pace since April 2010: Markit

NEW YORK, Sept 2 - - The U.S. manufacturing industry expanded in August while employment in the sector grew at its fastest pace since March of last year, an industry report showed on Tuesday.

Recent Business News

Goldman cuts price target on Bombardier; sees further CSeries delay

TORONTO - Goldman Sachs cut its price target on Bombardier Inc and reiterated a "sell" rating on shares of the train and plane maker on Tuesday, warning it expected the CSeries aircraft's entry into service to be delayed again.

8:21am EDT

Exclusive: 'Back to normal' for AstraZeneca CEO, despite Pfizer rumors

BARCELONA - Though speculation is rife of a new Pfizer bid, AstraZeneca's chief executive is not holed up with advisers in London or New York. Instead, he has spent the last three days immersed in heart science in Barcelona.

Deals, Health 8:59am EDT

Exclusive: Alitalia, Etihad deal likely to be cleared by end of year - source

BRUSSELS - Italian airline Alitalia and Etihad Airways are expected to win clearance for their tie-up by the end of the year with minor concessions, a person familiar with the matter said on Tuesday.

Japan's 'Abenomics' feared in trouble as challenges build

TOKYO - Prime Minister Shinzo Abe's plan for Japan's economy to generate self-sustained growth on the back of his three policy "arrows" of massive monetary easing, spending and reform appears to be faltering - but no magic solution is in sight.

6:11am EDT

McDonald's to boost China supplier audits after food safety scandal

SHANGHAI - McDonald's Corp will increase the number of audits it conducts of suppliers in China, the firm said on Tuesday, after a food scandal in July dented China sales at the U.S. fast food chain and rival Yum Brands Inc.

Health, China 4:32am EDT

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How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.