GM board, CEO Henderson split over pace of change
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AP
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4 minutes ago GM's board and CEO Fritz Henderson parted ways Tuesday, the board upset that the automaker was changing too slowly and Henderson frustrated with second-guessing, two people close to Henderson said.
Northrop may drop out of tanker competition
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AP
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57 minutes ago Northrop Grumman Corp. said on Tuesday it won't bid on a huge contract to make a new Air Force tanker plane unless the Defense Department changes the rules.
Stocks climb as falling dollar boosts commodities
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AP
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2 hours, 43 minutes ago The stock market is picking up where it left off before its scare over debt problems in Dubai. Major stock indicators rose more than 1 percent Tuesday, including the Dow Jones industrial average, which added 126 points and traded above 10,500 for the first time since October of last year.
US November auto sales struggle to gain ground
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AP
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2 hours, 44 minutes ago U.S. auto sales struggled to gain ground in November and big improvements aren't expected until people stop worrying about losing their jobs.
Economic reports signal modest growth ahead
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AP
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Tue 5:07 pm ET The economic recovery seems on track for slow but steady gains after new reports Tuesday showed growth in manufacturing activity, construction spending and contracts to buy homes.
GE returns to roots as it looks to spin off NBC
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AP
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2 hours, 31 minutes ago For General Electric Co., the NBC entertainment division was always an odd fit. One of the nation's iconic industrial businesses, GE has spent 23 years making sitcoms and blockbuster movies along with jet engines, dishwashers and light bulbs.
Pfizer inks deal for new drugmaking technology
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AP
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Tue 4:34 pm ET Pfizer Inc. will spend up to $115 million for rights to an Israeli biotech company's experimental drug and its promising technology for making that drug and others in carrot cells.
Staples sees N.A. retail sales improvement
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AP
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Tue 12:22 pm ET Staples Inc., the largest U.S. office supply retailer, provided an upbeat outlook Tuesday as it reported that its customers bought more school and office supplies and technology products in its stores in the third quarter.
Oil settles above $78 on sliding dollar
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AP
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Tue 3:44 pm ET Oil prices climbed Tuesday as the dollar weakened and new figures showed energy demand for crude may be growing in China.
Shopping center group trims Nov. sales forecast
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AP
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Tue 4:25 pm ET A prominent retail trade group trimmed its November sales growth forecast on Tuesday, citing more shoppers saying they've delayed holiday purchasing compared with a year ago.
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