NEW YORK (Reuters) - U.S. stocks fell in a broad decline on Monday, with the S&P 500 suffering its biggest one-day drop in more than a month, as economic data indicated weakness across the globe and the holiday shopping season got off to a tepid start.
NEW YORK (Reuters) - The Federal Reserve is welcoming the sharp drop in global energy prices, with two influential policymakers on Monday cheering the boost it should provide American pocketbooks and shrugging off any pressure on already low inflation.
ANKARA (Reuters) - Russia's Gazprom on Monday cancelled a project to construct the South Stream pipeline to supply gas to southern Europe - an apparent casualty of the dispute between Moscow and the West over Ukraine.
DETROIT (Reuters) - Claims related to a faulty ignition switch in General Motors Co vehicles rose slightly in the last week, including an additional death attributed to the defect, according to an official report on Monday.
DETROIT (Reuters) - The United Auto Workers union said on Monday it will press managers of the Daimler AG's Mercedes-Benz assembly plant in Alabama to respect the right of workers to discuss organizing a local union while on the factory floor.
WASHINGTON (Reuters) - A lithium-ion battery that caught fire aboard a parked Boeing 787 in 2013 in Boston had design flaws and it should not have been certified by the U.S. Federal Aviation Administration, U.S. accident investigators said on Monday.
WASHINGTON (Reuters) - U.S. factory activity moderated in November, but sustained gains in new orders and a rebound in exports suggested the economy remained on a firmer footing despite slowing global growth.
SAN FRANCISCO (Reuters) - Several of the largest U.S. retailers warned that Alibaba Group Holding Inc may "decimate" local companies unless Congress closes tax loopholes for online retailers, singling out the Chinese company before it has even established a major American consumer presence.