A massive construction crane collapsed in downtown Manhattan during the busy morning rush on Friday, killing at least one person and crushing a line of parked cars, officials said.
China's state-owned ChemChina will make an agreed $43 billion bid for Swiss seeds and pesticides group Syngenta, marking the largest ever overseas acquisition by a Chinese firm
Honeywell International, a U.S. manufacturer of aerospace parts and climate control systems, reported a 24.9 percent rise in quarterly profit, helped by lower costs.
Dow component Caterpillar reported an adjusted 4Q profit of $0.74 per share, topping the estimate for $0.69. Revenue for the heavy equipment company came in at $11.03 billion, missing the estimate for $11.4 billion.
Boeing sent a shockwave through the aerospace industry on Wednesday with a 2016 outlook that calls for fewer commercial airplane deliveries and some production cuts.
United Technologies reported a 4.5 percent decline in quarterly revenue, hurt by a strong dollar.
3M, the maker of Scotch tape and Post-it notes, reported a 5.5 percent decline in fourth-quarter net sales, hurt by a global economic slowdown.
Procter & Gamble reported a 35 percent jump in second-quarter profit, helped by cost savings as the company streamlines its business to focus on more profitable brands.
Chemicals and seed producer DuPont forecast higher 2016 earnings, helped by aggressive cost-cutting to offset continued pressure from a strong dollar and weakness in its farm business.
Irish eyes are smiling in the world of mergers and acquisitions, with Milwaukee’s Johnson Controls becoming the latest U.S. company to capitalize on Ireland’s welcoming tax rates.
Johnson Controls, a maker of car batteries and heating and ventilation equipment, said on Monday it would merge with Ireland-based fire protection and security systems maker Tyco International.
General Electric on Friday reported growth in its core earnings and revenue for the fourth quarter, though profit in its industrials business slid.
General Electric said on Friday it has agreed to sell its appliances business to Qingdao Haier for $5.4 billion.
JetBlue warned of delays or cancellations Thursday after a power outage took down its main website and affected customers checking in for flights.
General Electric plans to cut 6,500 jobs in Europe over the next two years, including 765 in France.
Connecticut Gov. Malloy failed to impress GE officials with a last-ditch effort to keep the conglomerate from moving its corporate headquarters.
Shares of gun makers are hitting lifetime highs ahead of President Obama’s plan to tighten up gun laws.
State-owned China National Chemical Corp has raised its offer to buy Syngenta AG by about $2 billion, to $44 billion, proposing a two-stage takeover of the agrochemical company, Bloomberg reported, citing sources.
Officials from countries around the world recently signed off on the most important climate agreement since the Kyoto Protocol was signed in 1997. Wall Street is weighing in, with Goldman Sachs saying that it sees “the deal as a boost to the low carbon economy, now a fast-growing $600 billion-plus market.”
United Technologies Corp raised the lower end of its full-year adjusted earnings forecast and announced a $1.5 billion restructuring plan aimed at reducing costs, mainly through factory consolidation.