United Technologies Corp (UTX.N) Chief Executive Officer Louis Chenevert has retired immediately and is being replaced by the company's finance chief, the diversified U.S. manufacturer said on Monday, an abrupt change that caught Wall Street off guard.
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Facebook video draws Thanksgiving ads from Macy's, others
Macy's Inc, which traditionally kicks off the U.S. holiday shopping season with a nationally televised parade in Manhattan, also will join a handful of other companies this year parading their ads on Facebook's fledgling video feeds.
USOC and Nike extend partnership through 2020
U.S. sportswear company Nike will continue to sponsor the United States Olympic Committee (USOC) and its athletes until the end of 2020, the USOC said on Monday.
U.S. sets import duties on Chinese car and light truck tires
The United States is set to slap duties on imports of tires from China after the Department of Commerce found on Monday the tires are produced using unfair government subsidies.
Detroit eyes bankruptcy exit in second week of December: attorney
Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday.
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An advanced malicious software application has been uncovered that since 2008 was used to spy on private companies, governments, research institutes and individuals in 10 countries, anti virus software maker Symantec Corp said in a report on Sunday.
U.S. fund firms are taking extra measures to make sure they don't get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise.
A U.S. judge on Friday gave final approval to Apple Inc's (AAPL.O) agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices.
Mergers and acquisition deals announced so far this year have topped $3 trillion, the highest since 2007, helped by mega deals in the healthcare, energy and power sectors.
Online retailer Amazon.com Inc will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources.
Halliburton Co's $35 billion takeover of Baker Hughes Inc will create an oilfield services powerhouse in North Dakota with more than half the cementing market and a leading position in fracking, according to data seen by Reuters.
Toyota Motor Corp (7203.T) will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said on Friday.
U.S. President Barack Obama will attend India's Republic Day celebrations in January as chief guest, a sign of steadily expanding ties between two countries that share concerns about China's growing power in Asia.
Boeing Co (BA.N) on Friday welcomed a decision by Japan to buy V-22 Osprey tilt-rotor aircraft that it builds together with Bell Helicopter, a unit of Textron Inc (TXT.N).
