The declines were sparked last week by a cut in the global growth forecast by the International Monetary Fund and disappointing economic data in Europe. Earnings season will pick up this week, with results expected from Dow components Intel, Johnson& Johnson, UnitedHealth, American Express and General Electric, as well as financials Morgan Stanley, Citigroup,...» Read More
June 30- Philips is to merge its lighting components businesses into a separate unit worth up to 2 billion euros which may be listed- a major step in its ongoing strategy to refocus on healthcare and high-end lighting systems.
DETROIT, May 9- Fiat Chrysler Automobiles' Chrysler unit said on Friday it was recalling an estimated 780,477 minivans after reports of overheating, including some fires, in third-row power window vent switches. "Some incidents involved fire, many did not," Chrysler spokesman Eric Mayne said.
"We are entering a new era," Mercedes-Benz development chief Thomas Weber said.
On fears the looming tax increases and budget cuts could affect business, Eaton CEO Sandy Cutler calls on policymakers to act.
Check out Cramer’s interview with Sandy Cutler.
When faced with a difficult market environment, Jim Cramer likes to fall back on long-term themes that have been working. Read on for his top energy plays.
The Lightning Round is extended in this CNBC.com exclusive feature.