Dow component General Electric (GE) leads this morning's list of corporate earnings reports. The conglomerate beat on profits but fell short on revenue. GE is in the midst of restructuring to emphasize its digital and industrial capabilities. (CNBC)
Schlumberger (SLB) warned about its full-year results, saying customers are abruptly cancelling projects. The world's largest oilfield services company plans to cut 10,000 jobs and a $10 billion stock buyback program. (FT)
American Express (AXP) reported earnings and revenue that easily beat estimates. But the credit card giant also
Wal-Mart (WMT) unlawfully retaliated against workers who participated in strikes in 2013 and must offer to reinstate 16 dismissed employees, according to a ruling by a National Labor Relations Board judge. (Reuters)
Automobile recalls hit another record last year as stronger government enforcement and widening recalls of exploding air bags pushed the total above 51 million vehicles. (AP)
More than two feet of snow could hit Washington, D.C., starting today. Flights were already being canceled. As the powerful storm moves north, New York City could see 12 inches this weekend.