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Reuters: Business News
  • Wall Street falls 5 percent after factory data
    NEW YORK (Reuters) - Stocks extended losses on Monday after manufacturing data showing further contraction increased worries about the worsening world economic slump.
  • Manufacturing sags to weakest since 1982: ISM
    NEW YORK (Reuters) - Factory activity fell in November to its weakest since the 1981-1982 recession, according to an industry report released on Monday.
  • Retail stocks fall on holiday shopping worries
    NEW YORK (Reuters) - Key retail stocks fell on Monday as investors feared that deep discounts offered by stores during the year's first holiday shopping weekend could sap profits and would not save a bleak season.
  • Ford reviewing Volvo options, including sale
    DETROIT (Reuters) - Ford Motor Co said it will review strategic options for its Volvo brand, including the possible sale of the Sweden-based premium auto division, sending Ford shares up 8 percent on Monday.
  • J&J to buy breast implant firm Mentor for $1.1 billion
    NEW YORK (Reuters) - Johnson & Johnson said on Monday it would acquire breast implant maker Mentor Corp for $1.07 billion as the giant diversified healthcare company pushes into the market for aesthetic medical products.

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