| | Wall Street slides on China data, earnings | NEW YORK (Reuters) - U.S. stocks fell on Thursday, with the Dow Jones industrial average recording its third consecutive day of losses, after disappointing manufacturing data in China and a mixed bag of U.S. corporate earnings. | | | | | Microsoft profit up on strong commercial sales, no word on CEO | SEATTLE (Reuters) - Microsoft Corp said on Thursday fiscal second-quarter profit rose 3 percent, as strong sales of its Office software to businesses offset another weak quarter for its flagship Windows system, which is suffering as consumers increasingly favor tablets over personal computers. | | | | | | Starbucks' growth cooled in latest quarter | (Reuters) - Starbucks Corp on Thursday reported that sales at established stores in its U.S.-dominated Americas region cooled more than analysts expected in its latest quarter as consumers spent more time holiday shopping online than at physical stores. | | | | | | IMF warns more work is needed to tackle big bank risk | WASHINGTON (Reuters) - Big banks still pose a threat to the world financial system because there is a general assumption that governments will come to their rescue in case of trouble, an International Monetary Fund executive said on Thursday. | | | | | | Exclusive: Pentagon report faults F-35 on software, reliability | WASHINGTON (Reuters) - A new U.S. Defense Department report warns that ongoing software, maintenance and reliability problems with Lockheed Martin Corp's F-35 stealth fighter could delay the Marine Corps' plans to start using its F-35 jets by mid-2015. | | | | | | New GM chief vows to stay on course and 'accelerate' | DETROIT (Reuters) - General Motors Co's new chief executive, Mary Barra, said on Thursday she has no plans to deviate from predecessor Dan Akerson's strategy as the No. 1 U.S. automaker pushes for profitability everywhere it operates. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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