GO
Loading...

United States

More

  • Eastman Kodak cutting 70 jobs in Rochester area Thursday, 2 Oct 2014 | 7:47 AM ET

    ROCHESTER, N.Y.— Eastman Kodak says it will cut 70 jobs at its Rochester- area operations as it transitions to a smaller company focused on commercial and packaging printing. At the end of last year, Kodak employed 8,800 worldwide, including 2,300 in Rochester and its suburbs. At its peak in the 1980 s, Kodak employed 145,000 worldwide, including tens of thousands in...

  • FOUR MEMBERS OF DALLAS EBOLA PATIENT'S FAMILY ORDERED TO STAY HOME IN AN ABUNDANCE OF CAUTION, ACCORDING TO TEXAS OFFICIALS- NBC.

  • TEXAS HEALTH OFFICIALS SAY 80 PEOPLE WERE IN CONTACT WITH DALLAS EBOLA PATIENT AT SOME POINT- NBC.

  • Sears Holdings, which holds a 51 percent stake in its beleaguered Canadian unit, will sell 40 million shares of Sears Canada, leaving it with a stake of about 12 percent. Sears Holdings put its stake in Sears Canada on the block in May as a part of the Illinois- based company's efforts to turn around its business after years of declining sales. Shareholders of Sears...

  • AutoNation's September sales climb 16 percent Thursday, 2 Oct 2014 | 7:29 AM ET

    FORT LAUDERDALE, Fla.— AutoNation saw new vehicle sales jump 16 percent to top 24,000 last month, as the auto dealership chain reported double-digit percentage gains in domestic, import and premium luxury lines. AutoNation Inc.' s sales from established stores rose 14 percent compared to September 2013. For the third quarter, AutoNation's new vehicle sales...

  • McCormick beats Street 3Q forecasts Thursday, 2 Oct 2014 | 7:28 AM ET

    SPARKS, Md.— McCormick& Co. on Thursday reported profit of $122.9 million in its fiscal third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share. Analysts expected $1.03 billion, according to Zacks.

  • Texan bids for Nuremberg stenographer's mementos Thursday, 2 Oct 2014 | 7:18 AM ET

    ANCHORAGE, Alaska— A Dallas woman bid $9,000 for documents from the Nuremberg trials that were found in an old locked trunk in Alaska that belonged to a postwar stenographer. Fran Berg, a member of the Texas Holocaust and Genocide Commission, was the highest bidder for the items in an auction of World War II memorabilia Saturday by the Alaska Auction Co. in...

  • US STOCKS-Futures flat after extended equity weakness Thursday, 2 Oct 2014 | 7:17 AM ET

    NEW YORK, Oct 2- U.S. stock index futures were little changed on Thursday, following a sharp drop in the previous session as investors looked to upcoming economic data for trading incentives. *Small-cap stocks are considered a leading sector of the market, and some market participants are concerned the weakness could spread throughout Wall Street.

  • Obama dines with fundraising contest winners Thursday, 2 Oct 2014 | 7:17 AM ET

    WASHINGTON— President Barack Obama is breaking bread in Washington with two women who won a fundraising contest to help Democratic Senate candidates. The Democratic Senatorial Campaign Committee identified the winners as Hannah Banks, an architect from the Boston area, and Andrea Abrahams, a court clerk from New York. Pat Quinn and give an economic speech at...

  • Attendance up at Roosevelt site after Burns series Thursday, 2 Oct 2014 | 7:14 AM ET

    HYDE PARK, N.Y.— Attendance increased dramatically at the FDR Presidential Library and Home in Hyde Park, New York, around the time that Ken Burns' documentary series on the Roosevelts aired on public television. Sales at the library and museum's New Deal Store increased nearly 40 percent during Sept. 14-20, the week the film aired, compared with the same week in...

  • SAN FRANCISCO, Oct 2- High salaries and free food aren't enough any more in Silicon Valley, where maturing companies are competing for talent with creative health care and "wellness" programs that use gadgets to promote good behavior. Silicon Valley employers see themselves fighting for good engineers. "It's absolutely a key way to recruit talent," said Joe Gracy,...

  • Sears to raise cash through Canadian ops sale Thursday, 2 Oct 2014 | 6:52 AM ET

    The sale of the majority of its 51 percent stake in Sears Canada Inc. to its own shareholders will give the retailer some breathing room as it heads into the crucial holiday season. The company board approved a rights offering of up to 40 million shares of Sears Canada Inc.. Sears will still hold about 12 million shares of Sears Canada, valued at about $113 million.

  • FRANKFURT, Oct 2- Shares in Rocket Internet plunged 14 percent within minutes of their stock market debut in Frankfurt on Thursday as investors gave Europe's largest internet listing since 2000 a cold welcome. By 1005 GMT, they were down 3.9 percent at 40.83 euros. Analysts said investors have been concerned about the Berlin- based company's lack of...

  • Ahead of the Bell: US factory orders Thursday, 2 Oct 2014 | 6:24 AM ET

    WASHINGTON— The Commerce Department reports on U.S. factory orders for August. The report will be released Thursday at 10 a.m. Eastern. The Institute for Supply Management's closely watched barometer of manufacturing performance fell to 56.6 in September, from 59 in August.

  • Ahead of the Bell: US unemployment benefits Thursday, 2 Oct 2014 | 6:17 AM ET

    WASHINGTON— The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. The report will be released Thursday at 8:30 a.m. Eastern. Employers added just 142,000 jobs in August, according to the Labor Department, down from an average of 212,000 in the preceding 12 months.

  • Global stocks down on recovery, Ebola worries Thursday, 2 Oct 2014 | 5:57 AM ET

    KEEPING SCORE: Britain's FTSE 100 index fell 0.5 percent to 6,527.51 points and Germany's DAX declined 0.4 percent to 9,345.99. ASIA'S DAY: Japan's Nikkei 225 index sank 2.6 percent to 15,661.99 and South Korea's Kospi fell 0.8 percent to 1,976.16. Markets in Hong Kong and China were closed for a public holiday.

  • Fiat needs more than the 500 to turn core brand around Thursday, 2 Oct 2014 | 5:43 AM ET

    *Fiat to unveil 500 X at this month's Paris auto show. PARIS, Oct 2- While rivals roll out new models and concept cars, Fiat has little to show at the Paris auto show besides another variant of its retro-styled 500 compact car, in what is starting to look like a worrying trend for the carmaker's namesake brand. "The 500 is getting older and older, the success of its variants...

  • Samsung China supplier sues US labor watchdog Thursday, 2 Oct 2014 | 4:20 AM ET

    SEOUL, South Korea— A Chinese supplier of Samsung Electronics Co. filed a lawsuit accusing a New York City- based labor watchdog of spreading false rumors of child labor, but the labor group says it has evidence to back up its report. The lawsuit against China Labor Watch was filed in a Chinese court this week by HEG Electronics, which produces mobile phone...

  • Judge's ruling strikes at pension fund's sanctity Thursday, 2 Oct 2014 | 3:56 AM ET

    SACRAMENTO, Calif.— A federal judge has struck a blow against the sanctity of public pensions in California by ruling that U.S. bankruptcy law permits the city of Stockton to treat pension fund obligations like other debts, allowing the city to cut benefits. Stockton argued that it must make its pension contributions for public employees before its creditors...

  • Philips loses $467M patent suit to US competitor Thursday, 2 Oct 2014 | 3:50 AM ET

    AMSTERDAM— Royal Philips NV says it will book a $467 million charge in the third quarter after losing a patent lawsuit to smaller U.S. competitor Masimo Corp.. Irvine, California- based Masimo sued in 2009, saying Philips' health care division had used Masimo- patented technology to build machines that measure the amount of oxygen in a patient's blood without...