NEW YORK (Reuters) - U.S. stock index futures rose on Monday, signaling a rebound after the previous session's steep losses, ahead of data expected to show U.S. manufacturing grew for a third consecutive month in October.
NEW YORK (Reuters) - CIT Group Inc, a lender to hundreds of thousands of small and medium-sized businesses, filed for bankruptcy on Sunday, as the global financial crisis left it unable to fund itself and the recession clobbered its loans.
DETROIT (Reuters) - Ford Motor Co surprised Wall Street with a quarterly profit on Monday and raised its 2011 outlook to "solidly profitable," sending its shares up 5.7 percent in premarket trading.
PARIS/DETROIT (Reuters) - As automakers, parts suppliers and car retailers ready business plans for next year and beyond, the experience of the industry's 2009 crash has made caution the new byword.
WASHINGTON (Reuters) - White House economic adviser Lawrence Summers will lead a high-level meeting on Monday to discuss the state of the economy, job creation and ways to achieve sustainable growth.
(Reuters) - U.S. companies hurt by the global credit crisis are continuing to hold more cash, even as the economy begins to show signs of improvement, the Wall Street Journal said, citing its analysis of company filings.
NEW YORK (Reuters) - Health insurer Humana Inc on Monday projected lower profit next year as it sees profit margin pressure on its Medicare business for the elderly and weaker enrollment in its commercial plans serving employers.
(Reuters) - Comcast Corp and General Electric Co are closer to a deal to give Comcast a 51 percent stake in NBC Universal and a formal announcement may be made in the coming week, the New York Times said, citing people briefed on the talks.
BOSTON/LONDON (Reuters) - Human Genome Sciences Inc said its experimental lupus drug Benlysta was successful in a second large clinical trial, paving the way for approval of the first new treatment for the disease in 50 years.
LONDON (Reuters) - Oil rose toward $78 a barrel on Monday, recovering from the previous session's steep drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.
