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  • Homebuilder PulteGroup 1Q profit down 8 percent Thursday, 24 Apr 2014 | 9:55 AM ET

    BLOOMFIELD HILLS, Mich.— The homebuilder PulteGroup posted an 8 percent drop in first-quarter profit Thursday as revenue from sales of land and new houses dropped. In a statement accompanying the results, Richard Dugas, PulteGroup's CEO, said he sees signs that sales will pick up, with demand improving over the quarter.

  • Puerto Rico govt seeks to lure wealthy investors Thursday, 24 Apr 2014 | 9:45 AM ET

    SAN JUAN, Puerto Rico— Puerto Rico hopes to persuade wealthy investors to bet on the U.S. territory at a two-day conference aimed at attracting new money amid the island's struggles to recover from a nearly eight-year recession.

  • DETROIT, April 24- General Motors Co said on Thursday that first-quarter profit tumbled 88 percent after a massive recall due to defective ignition switches, but results still topped expectations on strong pricing for its redesigned pickup trucks in North America and improvement overseas.

  • DETROIT, April 24- General Motors Co said on Thursday that first-quarter profit tumbled 88 percent after a massive recall due to defective ignition switches, but results still topped expectations on strong pricing for its redesigned pickup trucks in North America.

  • April 24- Caterpillar Inc on Thursday posted a quarterly profit that topped analysts' estimates and raised its full-year outlook on a stronger-than-expected rebound in sales to the construction industry.

  • April 24- Caterpillar Inc on Thursday posted quarterly profit that topped estimates and raised its full-year outlook on a stronger-than-expected rebound in sales to the construction industry. With restructuring costs factored in, Caterpillar made a profit of $1.44 a share.

  • April 24- Auto parts maker Delphi Automotive Plc reported a better-than-expected quarterly profit, helped by strong demand in Asia and North America, and raised its 2014 earnings outlook. The company said it now expects 2014 adjusted earnings between $4.80 and $5.00, up from its previous forecast of between $4.70 and $4.95 a share.

  • GM profit sinks; CEO sees no recall hit to sales Thursday, 24 Apr 2014 | 7:30 AM ET

    DETROIT— The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales. The Detroit automaker is facing government investigations and civil lawsuits over the small-car recall.

  • GM posts lower first-quarter profit after recall costs Thursday, 24 Apr 2014 | 7:30 AM ET

    DETROIT, April 24- General Motors Co on Thursday posted lower quarterly profit after a massive recall due to defective ignition switchs linked to at least 13 deaths, but results still topped Wall Street expectations on strong pricing for its vehicles, especially in North America.

  • Aetna's 1Q profit jumps 36 pct, forecast climbs Thursday, 24 Apr 2014 | 6:29 AM ET

    The Hartford, Conn., insurer closed a $6.9 billion acquisition of fellow insurer Coventry Health Care last May, and it said Thursday that deal was the main factor behind its growth in this year's first quarter. It administers Medicaid, the state and federally funded program that covers the needy and disabled people, and it offers Medicare Advantage plans.

  • Spirit plans flights between Vegas, Kansas City Thursday, 24 Apr 2014 | 6:11 AM ET

    LAS VEGAS— Discount carrier Spirit Airlines has announced plans to offer daily, nonstop service between Las Vegas and Kansas City, Mo.. A plane will depart Kansas City at 9:55 p.m. daily and arrive in Las Vegas at 10:55 p.m. local time, while a flight will depart Las Vegas at 1 a.m. daily and arrive in Kansas City at 5:45 a.m..

  • CHICAGO, April 23- Detroit's future once it exits the biggest municipal bankruptcy in U.S. history will depend on oversight, the city's chief financial officer said on Wednesday.

  • WASHINGTON, April 23- Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last summer. The Commerce Department said on Wednesday sales dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units.

  • DETROIT, April 23- General Motors Co on Wednesday said it has shipped "thousands" of kits needed to repair the defective ignition switches linked to at least 13 deaths. GM is under investigation by U.S. safety regulators, Congress and the U.S. Department of Justice for why it did not catch the faulty part for over a decade.

  • Dow Chemical 1Q net income jumps Wednesday, 23 Apr 2014 | 8:25 AM ET

    MIDLAND, Mich.— Dow Chemical said Wednesday its first-quarter net income jumped 75 percent, helped by easy comparisons to a prior-year period weighed down by hefty one-time charges.

  • Toyota wins global sales crown in Q1, beating GM Wednesday, 23 Apr 2014 | 8:01 AM ET
    2014 Toyota Sequoia

    Toyota kept its position at the top in global vehicle sales for the first quarter, outpacing General Motors and Volkswagen.

  • Michigan man among 1st in US to get 'bionic eye' Wednesday, 23 Apr 2014 | 3:06 AM ET

    ANN ARBOR, Mich.— A degenerative eye disease slowly robbed Roger Pontz of his vision. It's exciting— seeing something new every day, "Pontz said during a recent appointment at the University of Michigan Kellogg Eye Center. The facility in Ann Arbor has been the site of all four such surgeries since FDA approval.

  • Feds investigating brakes on Chevrolet Impala Tuesday, 22 Apr 2014 | 6:11 PM ET

    DETROIT— Federal regulators are investigating the 2014 Chevrolet Impala after a driver reported that the emergency braking system activated multiple times without warning. The driver says that in one instance, the Impala was traveling at 40 miles per hour with no one in front of it when the brakes activated.

  • WASHINGTON, April 22- Former General Motors Co chief executives should be called to testify to the U.S. Congress about the company's slow response to defective ignition switches in cars that have been linked to at least 13 deaths, a Democratic senator said on Tuesday.

  • WASHINGTON, April 22- Former General Motors CEOs and other executives should be called to testify to the U.S. Congress about the company's slow response to defective ignition switches in cars that have been linked to at least 13 deaths, a Democratic senator said on Tuesday.

Most Popular Video

Thursday, 24 Apr 2014 | 8:49 AM ET

Today CNBC's Jim Cramer explains why he wishes his charitable trust owned shares of Caterpillar, and shares his thoughts on the government's inability to create jobs.

Thursday, 24 Apr 2014 | 8:16 AM ET

Daniel Ernst, Hudson Square Research, provides perspective on Apple's earnings and growth potential. Apple is really innovating but they haven't done it in three years, Ernst says.

Thursday, 24 Apr 2014 | 8:02 AM ET

Doug Oberhelman, Caterpillar chairman & CEO, digs deep into the company's first quarter results and shares his outlook on global sales. CAT reported EPS of $1.44 on revenues of $13.24 billion, beating on both the top and bottom line.