Earnings Report

The stock market sank early Wednesday, drifting further from record highs.

For anyone betting on the Northeast's casino bonanza, the odds are long on projects hitting financial expectations.

U.S. stocks were slightly lower in early trading Wednesday.

Gov. Rick Snyder will ask Michigan lawmakers for a 75 percent increase in funding for skilled trades training and career technical education in his budget proposal for the new fiscal year.

German automaker Daimler AG says net profit fell 29 percent in the fourth quarter as the company set aside 600 million euros ($684 million) for potential costs from a European Union anti-trust investigation of truck makers.

Asian stock markets rose Wednesday after a jump in oil prices helped push U.S. shares sharply higher and Japanese economic data showed improvement.

Asian stock markets were mostly lower Monday after Chinese manufacturing weakened and oil went on roller-coaster ride.

World stock markets were uneven Friday and Wall Street futures slid ahead of quarterly growth figures that will show whether weakness in China, Japan and Europe has hit the U.S. economy.

All times are Eastern MONDAY, Feb. 2 WASHINGTON — Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.

Deutsche Bank says it rebounded to make a fourth-quarter profit of 441 million euros ($498 million) after a 1.365 billion euros loss in the year-ago quarter.

Asian stocks zoomed higher Friday, boosted by the European Central Bank's stimulus announcement, a long awaited move that also set off gains in Europe and on Wall Street.

UnitedHealth Group Inc. (UNH) on Wednesday reported fourth-quarter profit of $1.51 billion.

Most Asian stock markets rose Wednesday as investors anticipated European policymakers would soon unleash more stimulus while Chinese shares extended their rebound following a steep plunge at the start of the week.

Gov. Rick Snyder's budget director said there will be "real" cuts to government services after economists agreed Friday that revenue is $289 million short of projections in the current state budget and $527 million below what was expected in the next fiscal year.

JPMorgan Chase, the biggest U.S. bank by assets, reported a 7 percent drop in fourth quarter earnings Wednesday, coming short of what analysts estimated.

JPMorgan Chase & Co. reported a 7 percent decline in fourth-quarter earnings Wednesday, hit by legal costs and lower trading revenue.

Asian shares meandered Wednesday following a volatile session on Wall Street as investors remained edgy over the slump in oil and metal prices.

European stock markets were higher Monday while Asian markets fell as investors digested another slide in the price of oil and strong hiring in the U.S.

A boost in corporate tax collections last month helped push Arkansas' revenue $44.1 million higher than predicted for the first half of the fiscal year, the state Department of Finance and Administration said Monday.

Arkansas finance officials say a rise in sales and income tax collections last month pushed the state's revenue above last year's figures and expectations.