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Strong durable goods orders buoy U.S. growth outlook

WASHINGTON - Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter.

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Verizon EPS fall short of Wall Street estimates

NEW YORK - Verizon Communications Inc profit fell short of Wall Street expectations on Tuesday, even as the company's revenue rose 4.8 percent, its highest growth rate in five quarters.

Tech, Media 8:44am EDT

ISS recommends votes for 2 Loeb nominees to Sotheby's board

BOSTON - A prominent investor shareholder advisory firm recommended that Sotheby's investors should vote for two of the three board candidates suggested by activist investor Daniel Loeb.

9:23am EDT

Nokia says India plant unlikely to be part of Microsoft deal

NEW DELHI - Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of its global handset business to Microsoft.

Tech, Media 6:36am EDT

Alstom shares jump on report of GE bid

PARIS - Shares in Alstom jumped more than 14 percent on Thursday after a report that U.S. conglomerate General Electric was in talks to buy the struggling French turbine and train maker for about $13 billion.

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