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Business News
US stocks open lower; energy sector sinks along with oil
U.S. stocks moved broadly lower in early trading Monday, putting the market on track for its second sizeable loss in a row. Technology, financial and energy stocks were among the biggest decliners. The slide followed steep drops in Europe. Crude oil prices slumped again....
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Chipotle stores to open later on Monday for worker meeting
NEW YORK (AP) -- Chipotle restaurants across the U.S. are opening later than usual Monday as workers gather in movie theaters and hotel conference rooms across the country to discuss the chain's recent food safety scares....
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India says 3Q growth faster than China's at 7.3 percent
NEW DELHI (AP) -- India said its economy grew 7.3 percent in the last three months of 2015, a rate of expansion that puts the South Asian nation ahead of China's 6.8 percent growth during the same period....
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After big loss, Credit Suisse CEO asks board: Cut my bonus
GENEVA (AP) -- The new CEO of Credit Suisse has proposed that its board make a "significant" cut in his bonus after the Swiss bank posted disappointing earnings last week and announced 4,000 job cuts....
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Report: Ford to build auto plant in Mexico
NEW YORK (AP) -- Published reports are saying that Ford plans to build a new auto plant in Mexico, with plans to rev up production there....
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