Caterpillar has sent a sharp warning on the outlook for global industrial demand as the bellwether for economies from China to Brazil said it could slash more than 10,000 jobs ..
Porsche boss Matthias Mueller once joked that he was too old to run Volkswagen but the 62-year-old now looks certain to be given the task of steering the German car maker thro ..
By Barani Krishnan NEW YORK (Reuters) - Oil prices seesawed on Thursday as tumbling stock prices on Wall Street offset bullish sentiment from inventory draws at the U.S. crude ..
Target Corp on Thursday appointed Anu Gupta to a newly created operational role that is expected to help the retailer anticipate customer needs quickly. Gupta, who has been ap ..
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Volkswagen's supervisory board will pick the head of sports-car maker Porsche as its next chief executive to succeed Martin Winterkorn who resigned on Wednesday, a source ..
Buoyed by steady job gains and low mortgage rates, Americans purchased new homes in August at the fastest pace in more than seven years. The Commerce Department says new-home ..
The number of Americans seeking unemployment benefits rose slightly last week yet remained at a low level consistent with solid job growth. Weekly applications for jobless aid ..
Orders for long-lasting U.S. manufactured goods dropped in August with weakness in a key category that tracks business investment plans. Orders for durable goods fell 2 percen ..
Lockheed Martin Corp said on Thursday that U.S. officials have approved its $9 billion takeover of Black Hawk helicopter maker Sikorsky Aircraft from United Technologies Corp. ..