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Stocks open higher after Ukraine cease-fire deal

Written By Unknown on Rabu, 03 September 2014 | 23.14

U.S. stocks are opening higher, tracking European markets that jumped following an apparent cease-fire deal in Ukraine. The Dow Jones industrial average rose 63 points, or 0.4 percent, to 17,130 in early trading Wednesday. The Standard & Poor's...
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GM reports 1.2 percent August sales decline

DETROIT — General Motors says its U.S. sales fell 1.2 percent last month as rising truck and SUV sales couldn't offset falling car sales. Three of GM's four brands reported declines for the month. GMC, which sells only trucks and SUVs, reported a 10...
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Samsung unveils virtual-reality headset built with Facebook's Oculus

Samsung Electronics launched a virtual-reality wearable headset technology -- the Samsung Gear VR Innovator Edition, built in partnership with Facebook's Oculus -- as the consumer-electronics maker looks to stake out what could be the next big category...
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US factory orders up record 10.5 percent in July

WASHINGTON — Business orders for U.S. factory goods shot up by a record amount in July, reflecting a surge in demand in the volatile category of commercial aircraft. But outside of transportation, orders actually fell slightly during the month although...
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'Marvel Super Hero September' puts spotlight on characters outside theaters

Does Marvel have a new franchise with "Marvel Super Hero September?" In one of the more ambitious marketing efforts launched around characters or a popular franchise since Lucasfilm's annual "Star Wars Day" celebrations, Disney has rallied Marvel's...
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Chrysler, Nissan lead US autos to Aug. sales rise

DETROIT — Most automakers reported stronger-than-expected U.S. sales in August, leading to predictions of the highest annual selling rate in eight years. Chrysler and Nissan led the way with double-digit increases, while Toyota reported sales were up...
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Infinity, AbbVie team up to develop cancer drug

Shares of Infinity Pharmaceuticals Inc. soared Wednesday after it said it could receive more than $800 million from a collaboration with fellow drug developer AbbVie on a potential cancer treatment. Cambridge, Massachusetts-based Infinity will receive...
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New Samsung phone with side display for holidays

BERLIN — Samsung's new smartphones aren't getting bigger, but one will have a side display for quick access to the flashlight, Twitter, news and frequently used apps. The Galaxy Note Edge was announced at a trade show in Berlin on Wednesday, alongside...
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Tribune Media's Gracenote acquires Baseline for $50 million cash

Tribune Media Co.'s Gracenote entertainment-metadata division has acquired Baseline, which sells film and TV information services to studios and entertainment providers, for $50 million in cash as the company looks to broaden its footprint and better...
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Stocks edge higher after Ukraine cease-fire deal

NEW YORK — Reports of a cease-fire agreement in eastern Ukraine gave stock markets around the world a lift on Wednesday. U.S. stocks headed higher in early trading, following a rally in Europe. KEEPING SCORE: The Standard & Poor's 500 was up four...
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