Smallcaps rise modestly; technical 'Death Cross' looms

NEW YORK - Smallcaps stocks reversed early losses to edge higher on Tuesday, though the Russell 2000 index hovered near a technical milestone that could signal further declines.

Recent Business News

Alibaba options to be listed on ISE on Sept. 29 pending IPO

NEW YORK - Alibaba Group's options will be listed on International Securities Exchange Holdings' options exchanges on Sept. 29 pending the company's public sale of shares this week, ISE said on Tuesday.

12:42pm EDT

UPS to hire up to 95,000 temp workers for holiday season

- United Parcel Service Inc is almost doubling the number of seasonal employees it hires for this year's holiday shopping season as it aims to avoid a repeat of last year's network breakdown during the crucial period.

9:55am EDT

European stress tests to challenge banks' political defences

DUBLIN/FRANKFURT - For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with strong political connections.

10:30am EDT

U.S. auto regulators played key role in GM recalls, report says

WASHINGTON - Federal auto safety regulators played a significant role in General Motors Co's failure to promptly report and recall cars with defective parts that led to at least 19 deaths, a congressional report said on Tuesday.

9:26am EDT

Amid coffee rivalry, McDonald's Canada to sell java in grocery stores

TORONTO - McDonald's Corp is making its McCafe ground coffee available in Canadian grocery stores this month, the fast-food giant said on Tuesday, part of its broader campaign to win market share in a country long dominated by rivals like Tim Hortons Inc and Starbucks Corp .

12:32pm EDT


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