Industrials

WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes rose more than expected in May, a trade group said on Wednesday, but a glut of unsold properties remains a drag on the housing market.

The Boeing 787 Dreamliner Final Assembly building opened in North Charleston, despite the state's battle with the NLRB.

WASHINGTON (Reuters) - Sales of previously owned U.S. homes fell less than expected in May and prices dropped 4.6 percent from a year ago, a trade group said on Tuesday.

NEW YORK (Reuters) - The pace of growth in the services sector picked up modestly in May while gauges of new orders and employment climbed, according to an industry report released on Friday.

By Rachel Armstrong

By Sarah N. Lynch

By James Vicini

Seems the U.S. defaulting on its debts may have been the least of our economic worries.One trader says: "this is where it gets interesting."

By creating an overseer for banks, Beijing could distribute the burden of managing its numerous and sometimes unruly state-owned businesses. The focus on banks may also tighten China's hold on its fast-growing financial sector.

By creating an overseer for banks, Beijing could distribute the burden of managing its numerous and sometimes unruly state-owned businesses. The focus on banks may also tighten China's hold on its fast-growing financial sector.

(Reuters) - The U.S. securities regulator is probing farm machine maker Deere & Co for possible violations of a law that bars American companies from bribing foreign officials, the Wall Street Journal said citing two people familiar with the matter.

NEW YORK (Reuters) - Liz Claiborne Inc on Thursday won the dismissal of a shareholder lawsuit accusing the clothing designer of fraudulently misrepresenting its relationships with department store chains Macy's Inc and J.C. Penney Co , causing its stock to fall.

(Reuters) - Reebok International Ltd has agreed to pay $25 million to settle charges that it made unsupported claims that its "toning shoes" provide extra muscle strength, the U.S. Federal Trade Commission said on Wednesday.

By Jonathan Stempel

By Tim Hepher

Navistar reported a wider-than-anticipated loss in the fourth quarter, as the truck maker’s revenue dipped on weakness across all business segments.

DuPont Pioneer and Deere are launching a program that helps farmers maximize crop production.

The German company's new chief promised to buy back up to $5.4 billion worth of shares.

Whirlpool Corp raised its full-year earnings forecast after strong sales of its home appliances in Europe and North America helped the company to more than double its quarterly profit.

Investors looking for a surge in gold prices as the U.S. government shutdown rumbles on and the deadline for raising the debt ceiling approaches are likely to be disappointed.