Asian shares wobble, oil skids ahead of OPEC

TOKYO - Asian shares gave back some of their China-inspired gains on Tuesday, while oil prices slumped ahead of this week's OPEC meeting.

Recent Business News

Some fund managers see oil falling to $60 without OPEC cut

LONDON - Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna this week. | Video

7:30pm EST

Honda admits under-reporting serious U.S. accidents since 2003

DETROIT/NEW YORK - Honda Motor Co failed to notify U.S. safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003, the automaker acknowledged on Monday.

7:22pm EST

GM president: U.S. economy holding up, other regions slowing or soft

NEW YORK - General Motors Co President Dan Ammann on Monday said he expects "more of the same" next year from a U.S. auto market that has been growing slowly, while he is bracing for continued soft demand in other parts of the globe.

6:16pm EST

Actavis mulls job cuts, China expansion: Bloomberg

- Generic drugmaker Actavis Plc is planning to cut employees and expand in China, a Bloomberg report said citing an interview by Chief Executive Officer Brent Saunders on Bloomberg Television.

6:49pm EST

Strategist Bernstein sees more equity gains, likes high-yield munis

NEW YORK - Longtime Wall Street strategist Richard Bernstein hasn't quite gotten used to investors' reactions when he tells them his favorite asset class for 2015 is the same as in 2014 - high- yield municipal bonds.

1:02pm EST


  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary