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Reuters: Business News
  • Ford expects to break even in 2011
    DETROIT (Reuters) - Ford Motor Co said on Tuesday it expects to break even or be profitable in 2011 and seeks access to up to $9 billion of government bridge loans to support its restructuring.
  • 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.
  • Goldman shares fall on fear of $2 billion fourth-quarter loss
    NEW YORK (Reuters) - Goldman Sachs Group Inc shares fell Tuesday on speculation the bank's fourth-quarter loss could be much larger than expected -- as much as $2 billion -- fueled by the plunging value of many Goldman investments.

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