Markets

Dow Sacrifices Early Gains on Soft Housing Data, Central Bankers

Dow Sacrifices Early Gains on Soft Housing Data, Central Bankers

Weighed by soft housing market data and remarks from the world’s most important central bankers, the Dow Jones Industrial Average unravelled its early gains and is struggling to snap a six-day losing streak. The S&P 500 is clinging to a slim gain while the Nasdaq set another record high on […]

Deere & Co. Files Patent Infringement Case Against AGCO

Deere & Co. Files Patent Infringement Case Against AGCO

Deere & Co. (DE) is suing rival AGCO Corp. (AGCO) over gadgets such as seed meters and hoppers that attach to planting machines, according to Bloomberg. Shares of AGCO traded almost 1% higher intraday. In a June 1 filing to the federal court in Wilmington, Delaware, Deere was cited as […]

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Boeing Co.’s Marketing VP Confident New Mid-Market Jet Can Enter Service by 2025

A senior Boeing Co. (BA) executive said Wednesday he was confident of a new aircraft – a hybrid jet combining a wide cabin and a restricted cargo space – with the potential to carve out new routes would be ready to enter service in 2025, but stressed the company would […]

Small Business Index Declines Month-to-Month as Fewer Owners Believe Economy Will Improve

The National Federation of Independent Business business monthly optimism index declined in March as fewer small business owners expect the economy to improve. Still, index components are still at historically high levels. The index came in at a 104.7 reading, down from 107.6 in February, the NFIB said. About 32% […]