Weak U.S. business spending plans point to slower economic growth
WASHINGTON (Reuters) – A gauge of U.S. business investment plans fell for a second straight month in September, pointing to a sharp slowdown in economic growth and casting more doubts on whether the Federal Reserve will raise interest rates this year.
DuPont in M&A talks with rivals for farm unit: interim CEO
(Reuters) – DuPont is in M&A talks with rivals for its agriculture business, interim Chief Executive Edward Breen said on Tuesday, less than a week after Dow Chemical Co announced a review of its farm chemicals and seeds unit.
GM recalls 1.3 million older cars for fire hazard
(Reuters) – General Motors Co said it is recalling about 1.3 million older sedans and coupes in the United States to fix oil leakages that pose a fire hazard.
Fiat recalls 65,760 trucks and 75,364 SUVs in United States
(Reuters) – Fiat Chrysler Automobiles NV said it is recalling 65,760 Ram trucks and 75,364 Jeep Cherokee sport utility vehicles (SUVs) in the United States.
UPS profit tops estimates as dollar weighs on revenue
CHICAGO (Reuters) – Package delivery company United Parcel Service Inc posted a higher quarterly profit on Tuesday, despite its revenue being hurt by the strong U.S. dollar, and reiterated its full-year earnings outlook.
U.S. home prices rise faster in August than July
(Reuters) – U.S. single-family home prices rose in August at a slightly faster pace than in July and in line with expectations, a closely watched survey said on Tuesday.
Oil prices fall as glut worries worsen
LONDON (Reuters) – Oil prices fell on Tuesday, extending losses into a third week, on worries over a supply glut and with U.S. inventory data expected to show another increase in crude stocks.
Global stocks rally stalls as investors eye Fed, BOJ, Apple
LONDON (Reuters) – World stocks and the dollar dipped on Tuesday, as investors locked in some of the sharp gains seen over the last month ahead of the Federal Reserve’s policy meeting and results from gadget giant Apple.
Comcast posts in-line results, helped by ‘Minions,’ Internet unit growth
NEW YORK (Reuters) – Comcast Corp, the cable and entertainment company, posted in-line third-quarter results on Tuesday, helped by its NBCUniversal’s box-office hit “Minions” and growth in its high-speed Internet and business services divisions.
VW’s Bentley recalls 27,640 cars for battery cable problems
BERLIN (Reuters) – Volkswagen’s ultra-luxury division Bentley has recalled 27,640 cars globally because of potentially faulty battery cable joint connections, a spokesman at Bentley said.
