10/22/2013 12:54amSwiss pharmaceutical giant Novartis AG has posted a 6 percent drop in net profit in the third quarter, citing negative currency trends and other factors.
10/22/2013 3:11amShares in German airline Lufthansa have fallen after the airline issued a new profit forecast that is short of analyst expectations.
10/22/2013 3:32amSpanish construction company FCC says one or more entities linked to Bill Gates bought a 6-percent stake in the group for 113.5 million euros ($155 million), a welcome boost for the sector hardest hit during the economic crisis.
10/22/2013 7:43amHarley-Davidson's third-quarter earnings rose 21 percent, as buyers in the U.S. and abroad snapped up a lineup of new motorcycles that was introduced in August.
10/22/2013 7:47amThough Wall Street recorded $10.1 billion in profits for the first half of 2013, New York's comptroller said Tuesday that federal budget dithering, higher interest rates and litigation may slow earnings for the last half in a securities industry that has kept trimming jobs.
10/22/2013 9:28amFALLING FLAT: The "Beautiful China" international tourism pitch has been derided as inept at a time when record-busting smog has drawn attention to the environmental and health costs of China's unfettered industrialization.
10/22/2013 9:48amReynolds American's third-quarter profit rose about 9 percent as higher prices and lower expenses from a legal settlement offset a decline in cigarette sales.
10/22/2013 10:00amNordic paper maker Stora Enso reported Tuesday a 6 percent drop in third-quarter sales and predicted business will remain tough as it continues to be hit by the declining market, especially in Europe.
10/22/2013 10:10amBEARISH OUTLOOK: Wall Street recorded $10.1 billion in profits for the first half of 2013, but New York's comptroller said federal budget dithering, higher interest rates and litigation may slow earnings for the second half of the year.
10/22/2013 10:13amIn a story Oct. 21 about clothing sizes, The Associated Press misspelled the name of blogger Emily Sandford and listed her size incorrectly. It is Sandford, not Sanford, and she wears a 24, not a 22.
10/22/2013 10:29amAlitalia's main pilots' union has announced a four-hour strike for Oct. 29 to pressure management for details on how they intend to return the struggling carrier to health.
10/22/2013 10:33amSTATES RIGHTS: The European Union's top court has affirmed the right of a state in Northwest Germany to have a say in operations at Volkswagen AG, Europe's largest carmaker.
10/22/2013 10:46amFROM RUSSIA: Russia has signed an $85 billion deal to supply oil to China, visiting Prime Minister Dmitry Medvedev said, expanding energy trade between the giant neighbors.
10/22/2013 11:15amThe secular mayor of Jerusalem was fighting for his political survival in a closely watched re-election bid Tuesday, facing a challenger backed by two of Israel's biggest kingmakers in the centerpiece race of nationwide municipal voting.
10/22/2013 11:43amCrammed into conference rooms with pizza for dinner, some programmers building the Obama administration's showcase health insurance website were growing increasingly stressed. Some worked past 10 p.m., energy drinks in hand. Others rewrote computer code over and over to meet what they considered last-minute requests for changes from the government or other contractors.
10/22/2013 2:11pmThis is what it looks like when things are going well for an airline.
10/22/2013 2:18pmIn a story Oct. 17 about UnitedHealth Group Inc.'s second-quarter, The Associated Press reported erroneously that Medicare Advantage funding cuts reduced UnitedHealth's earnings by about 15 cents per share in the quarter. That is the earnings impact expected for the full year, not the quarter.
10/22/2013 2:18pmBillionaire Warren Buffett says he doesn't think his son's charity will suffer in the future when Howard Buffett becomes Berkshire Hathaway's chairman because the role shouldn't be time-consuming.
10/22/2013 2:38pmATM-maker Diebold Inc. has agreed to pay more than $48 million in penalties and restitution to resolve allegations of corrupt business practices overseas, the U.S. government said Tuesday.
10/22/2013 2:44pmThe DuPont Co. said strong demand for agricultural products in Latin America offset weak pricing for a key industrial pigment in contributing to an increase in third-quarter earnings.
10/22/2013 3:12pmChrysler began shipping the new Jeep Cherokee on Tuesday, giving dealers a long-awaited entry in the fast-growing compact crossover SUV market.
10/22/2013 3:14pmRECORD STREAK: The Standard & Poor's 500 index closed at a record for a fourth straight day. A tepid employment report encouraged investors to speculate that the Federal Reserve would keep up its stimulus effort.
10/22/2013 4:06pmThe uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren't going away.
10/22/2013 5:23pmBiotech drugmaker Amgen Inc. said Tuesday that its third-quarter profit jumped 24 percent, trouncing analysts' expectations, as sales of more than a half-dozen of its drugs increased by double digits, one of them helped by a big government purchase.
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