Wall Street gains in choppy trading

NEW YORK - U.S. stocks were up in a volatile session on Thursday as oil futures pared their losses and strong job market data helped offset weak earnings reports from companies such as Alibaba and Qualcomm.

Recent Business News

Time Warner Cable loses fewer video subscribers

- Time Warner Cable Inc , the second-largest U.S. cable TV operator, reported a 3.8 percent rise in revenue as residential customers bought more service bundles, leading to fewer-than-expected video cancellations.

10:21am EST

GM to suspend production at its Russian plant for two months

DETROIT - General Motors Co will suspend production at its St. Petersburg auto assembly plant in Russia from mid-March to mid-May and is raising prices for its products because of the weak and volatile Russian rouble, a company spokesman said on Thursday.

2:27pm EST

Shake Shack IPO is hot but can it match Chipotle?

- Growth-hungry investors are lining up for shares of burger chain Shake Shack Inc , whose initial public offering will be priced after the U.S. stock market closes on Thursday.

2:43pm EST

Alibaba quarterly revenue disappoints, shares fall

BEIJING/SHANGHAI - Alibaba Group Holding Ltd's shares fell more than 10 percent early on Thursday, wiping more than $25 billion of market value after third quarter revenue at the Chinese internet giant fell short of analysts' expectations. | Video

1:16pm EST

Ford profit beats estimates, but European outlook worsens

DETROIT - Ford Motor Co on Thursday said it would keep relying on North America for its profit this year as the No. 2 U.S. automaker signaled that losses in Europe would be more than previously forecast. | Video

2:01pm EST


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