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Reuters: Business News
  • Wall Street headed for mixed start
    (Reuters) - * Stock futures pointed to a mixed start on Friday, as investors await key non-farm payrolls data. Futures for the S&P 500 and the Dow Jones industrial average were up 0.3 and 0.4 percent, respectively, and those for the Nasdaq were down 0.6 percent.
  • All eyes on job losses
    LONDON/HONG KONG (Reuters) - China and the United States sparred on Friday over how to handle an economic crisis that has forced central banks around the globe into a series of dramatic interest rate cuts.
  • Understanding but no consensus on auto bailout
    WASHINGTON (Reuters) - There is broad understanding of distress but no consensus yet in Congress to rescue U.S. automakers as industry chiefs hope on Friday to advance their case in a second appearance before lawmakers in two days.
  • Morgan Stanley widens Goldman Sachs loss view
    (Reuters) - Morgan Stanley widened its fourth-quarter loss estimate on Goldman Sachs Group Inc , citing a fall in equity, credit and real-estate asset values in November, and rising negative marks on the firm's illiquid asset and principal investment portfolios.
  • BMW sales plunge, Honda quits Formula One
    FRANKFURT/TOKYO (Reuters) - Global sales at BMW, the world's top premium carmaker, plunged by a quarter in November, and Honda backed out of Formula One racing on Friday as the economic downturn exacted a mounting toll on automakers.

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