The Other Side of Life 24/7: Business Today: Futures edge lower after record high, China data

Monday, March 10, 2014

Business Today: Futures edge lower after record high, China data

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03/10/2014

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Futures edge lower after record high, China data

NEW YORK (Reuters) - U.S. stock index futures edged lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data in China which tempered enthusiasm over the strength of the global economy.

Disappointing China exports halt stocks, hammer commodities

LONDON (Reuters) - World stocks paused near a six-year peak and commodities from copper to crude tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.

McDonald's February same-restaurant sales fall 0.3 percent

(Reuters) - McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, hurt by competition and bad weather that battered U.S. sales.

Chrysler recalls more than 25,000 SUVs for braking issue

DETROIT (Reuters) - Chrysler Group LLC said it is recalling 25,250 Jeep and Dodge sport utility vehicles globally to address a braking issue.

High-yield bonds draw investors as emerging debt loses them

LONDON (Reuters) - Shove over, emerging markets - high-yield debt has taken your place.

As Dow seeks growth, new Enlist crop/chemicals seen as key

INDIANAPOLIS (Reuters) - Dan Kittle has spent more than a decade waiting for this day.

Equatorial Guinea seeks to shake off 'oil curse' image

MALABO (Reuters) - On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa's No. 3 energy producer where oil and gas revenues have fed a frenzy of construction.

U.S. jobs growth last month hit by weather: Fed's Plosser

PARIS (Reuters) - Severe winter weather likely affected U.S. jobs growth in February, a top Federal Reserve official said on Monday, the latest U.S. central banker to suggest a bit of weakness in the labor market is only temporary.

American Airlines, JetBlue to end ticketing agreement

(Reuters) - American Airlines and JetBlue Airways said they plan to end agreements covering ticketing, baggage handling and frequent flyer programs.

Norwegian Air expecting delay on Boeing 787s to be a few weeks-report

OSLO (Reuters) - Norwegian Air was expected to have four Boeing 787 Dreamliners delivered this spring but delivery may now be delayed for a few weeks after Boeing reported finding some wing cracks, daily newspaper Aftenposten said on Monday.