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Business News
Falling oil prices drag US stock market lower
NEW YORK (AP) -- U.S. stocks fell for a fourth straight day Thursday, adding to big losses the day before, as energy companies dragged down the broader market. Investors also worked through a report that showed fewer Americans applied for unemployment benefits....
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US factory orders posted record drop in August
WASHINGTON (AP) -- Orders to U.S. factories fell in August by the largest amount on record, but the drop was heavily weighed by an expected plunge in volatile aircraft orders....
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Sears to raise cash through Canadian ops sale
HOFFMAN ESTATES, Ill. (AP) -- Sears, sorely in need of cash, is selling most of its stake in its Canadian unit to raise as much as $380 million....
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European car chiefs 'reeling' from Ford warning
PARIS (AP) -- Fiat-Chrysler CEO Sergio Marchionne says fellow car bosses "are still reeling" from the profit warning that rival Ford announced on the eve of the biennial gathering in Paris....
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Buffett's Berkshire Hathaway buys auto dealer
OMAHA, Neb. (AP) -- Warren Buffett is getting into the automobile sales business....
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