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Reuters: Business News
  • Big Three automaker plans hit congressional desks
    DETROIT/WASHINGTON (Reuters) - U.S. automakers started to submit plans demanded by Congress as the Big Three's CEOs and lawmakers gird for debate over a $25 billion bailout the industry says it needs to survive.
  • Ford November U.S. sales down 30.6 percent
    (Reuters) - Ford Motor Co said on Tuesday November U.S. sales were down 30.6 percent.
  • GE and autos ignite Wall Street
    NEW YORK (Reuters) - Stocks rose on Tuesday as investors snapped up beaten-down shares after Monday's steep sell-off and news that General Electric would maintain its dividend helped buoy sentiment.
  • GE sees fourth-quarter earnings toward low end of range
    BOSTON (Reuters) - General Electric Co expects fourth-quarter profit toward the low end of its prior forecast and is looking for ways to reduce costs, including job cuts at its finance and industrial units, executives said on Tuesday.
  • Bargain-hunters fail to save retail sales
    CHICAGO (Reuters) - Bargain-hunting holiday shoppers did not save U.S. retail sales in November, which will likely represent a second straight month of declines for the industry.

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