NEW YORK (Reuters) - U.S. stocks fell modestly on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish notes.
(Reuters) - Expedia Inc has acquired online travel agency Travelocity from technology company Sabre Corp for $280 million in cash, the companies said in a statement on Friday, as consolidation in the online booking industry continues.
(Reuters) - General Electric Co reported a 9 percent rise in quarterly industrial profit on Friday as its businesses that sell power-generating turbines and jet engines helped offset weak sales in its oil and gas unit.
(Reuters) - Shares of online data storage provider Box Inc rose as much as 77 percent in their market debut as investors bet on the company's ability to turn profitable in a highly competitive market, boding well for another big year for IPOs.
BEIJING/TOKYO (Reuters) - Honda Motor Co has chosen a competitor of embattled Takata Corp to supply air bags for the next North American version of its Accord sedan, the automaker's best-selling vehicle, two people with knowledge of the decision said.
(Reuters) - McDonald's Corp warned on Friday that business will be weak in the first half of 2015 and it is cutting its annual construction budget to the lowest in more than five years as it opens fewer restaurants in struggling markets.
NEW YORK (Reuters) - Losses from the surprise move by the Swiss National Bank nearly crippled brokerage FXCM , but all the attention has resulted in a surge of activity among options traders on the online forex broker.
CHICAGO (Reuters) - Deere & Co , the world's largest maker of farm equipment, will lay off more than 900 employees at plants in Iowa and Illinois in the latest round of job cuts spurred by a decline in grain prices that is hurting demand for agricultural machinery.