China is losing competitiveness to lower-cost producing countries like Vietnam and Indonesia, which is pressurizing its manufacturing sector, says Stanley Szeto, Chairman & CEO of Lever Style.» Read More
John Woods, Chief Investment Strategist at Citi Private Bank is still overweight China and expects official PMI numbers for July to be positive.
China's factory activity shrank for a third straight month in July, a HSBC private survey of Chinese manufacturers showed on Wednesday.
Mitsuibishi Motors is expected to post a profit of $160 million for the quarter ending in June. The weaker yen helped improve margins on its exports and lifted profits. The Nikkei's Sachiko Kishida reports.
Carol Roth, the author of "The Entrepreneur Equation," discusses whether Detroit's bankruptcy is a warning sign for other cities; and Lanny Davis, author of "Crisis Tales"; Jennifer Stefano, Americans for Prosperity PA state director; and Mark Simone, WOR Radio talk show host, weigh in.
General Electric posted a decline in profit and revenue on weakness in its finance unit, but its order book rose, sending shares up 2.4 percent in early trading.
Jeremy Stretch, head of FX strategy at CIBC, comments on Detroit filing for bankruptcy, which he says, reflects the shift away from traditional manufacturing in the U.S.
Factory activity in the mid-Atlantic region expanded in July at its highest pace since March 2011 as employment and shipments picked up.
Legendary short seller Jim Chanos argued that a slowdown in mining is going to cut into Caterpillar's earnings faster and deeper than investors expect.
Finnish mobile maker Nokia shipped fewer phones than forecast in the second quarter, despite a 32 percent rise in sales of its flagship Lumia smartphone.
Treasury Secretary Jack Lew shares his thoughts about financial reforms, Fannie Mae and Freddie Mac, and how well Bernanke handled the economy during the economic crisis, with CNBC's Steve Liesman.
The figures haven't been kind to China lately. Gone are the days of double digit growth, trade data have weakened, credit markets have overheated and fears of a housing bubble remain. But despite the bearish headlines, the long-term picture for China looks quite good and a slowdown might actually be healthy, according to HSBC.
U.S. craft brewers are frustrated after many were shut out of a key beer festival, as sector growth exceeds infrastructure. Signs of a frothy market?
Tesla's shares, which soared to a new all-time high earlier this week, were thrown into reverse Tuesday in the biggest one-day drop the stock has seen since January 2012.
U.S. industrial production rose slightly more than expected in June as manufacturing output picked up speed, a welcome sign for an economy that appears to have slowed sharply.
CNBC's Rick Santelli reports the latest data on manufacturing and what it indicates about the economic recovery.
Fuel-efficiency standards are prompting automakers to try design tactics that could change the look of your next car.
Production of Apple's next generation iPhone, dubbed the iPhone 5S, will begin this month and will be available this fall, Jefferies analyst Peter Misek says.
Jake Bronstein, CEO of Flint & Tinder, explains how his dismay with low-quality underwear led him to produce a high-end brand, which is made in America and becoming a multimillion-dollar business.
U.S. safety regulators say they are investigating about 218,000 Mercedes C-Class luxury cars because the rear lights can fail and even catch fire.
Another 787 has caught fire and once again as investigators look for the cause, airlines around the world continue to fly their Boeing planes.