Apple iTunes Sees Drop in Music Sales

Wall Street Journal: US Business - 5 hours 16 min ago
Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent recovery.

New-Home Sales Rise 0.2%

Wall Street Journal: US Economy - 5 hours 46 min ago
New-home sales rose slightly in September after surging in August, hitting their fastest pace of the recovery despite downward revisions to sales during the summer months.

U.S. to Name New Auto-Safety Chief

Wall Street Journal: US Business - 6 hours 29 sec ago
The Obama administration is close to naming a permanent top auto-safety regulator amid criticism of the agency’s handling of large air-bag recall, which an administration official on Friday called “suboptimal.”

Italian Court Clears Dolce And Gabbana Of Tax Charges

Wall Street Journal: US Business - 6 hours 12 min ago
Italy’s highest court cleared fashion designers Domenico Dolce and Stefano Gabbana of tax evasion charges Friday, bringing to an end one of the highest profile tax cases in Italy in recent years.

Chiquita Ends Banana Deal

Wall Street Journal: US Business - 6 hours 22 min ago
Chiquita has terminated its deal with Irish food company Fyffes and said it instead plans to enter negotiations with Cutrale-Safra, the coalition between a Brazilian orange juice maker and an investment firm.

Delphi, Lear Post Higher Profits

Wall Street Journal: US Business - 6 hours 38 min ago
Auto-parts makers Delphi Automotive and Lear notched strong third-quarter profits and repurchased more shares as revenues topped the $4 billion mark amid strong demand in North America and China.

Pepsi to Test Drinks In SodaStream Machines

Wall Street Journal: US Business - 7 hours 47 sec ago
Pepsi confirmed that it will test some of its drinks in SodaStream International’s home-carbonation machines in the U.S.

Truck Maker Volvo Looks to North America for Growth

Wall Street Journal: US Business - 7 hours 32 min ago
The company said third-quarter orders in North America had improved by 73% year-over-year.

Activist Investor Takes Agrium Stake

Wall Street Journal: US Business - 8 hours 24 min ago
Activist investor ValueAct Capital Management LP on Friday disclosed a 5.7% stake in Agrium Inc., but according to the Canadian fertilizer giant, the hedge fund has no plans to push for Agrium’s breakup or for board or management changes.

Digital River Agrees to $831.5 Million Buyout

Wall Street Journal: US Business - 8 hours 29 min ago
Digital River said it has agreed to be acquired by an investor group led by Siris Capital Group for $831.5 million in cash.

Shire Raises Guidance After Record Sales Growth

Wall Street Journal: US Business - 8 hours 47 min ago
Dublin-based drug maker Shire raised its earnings guidance after record sales growth, only a week after U.S. peer AbbVie pulled out of a $54 billion takeover.

LyondellBasell Earnings Rise 6.7%

Wall Street Journal: US Business - 9 hours 38 min ago
LyondellBasell Industries said its third-quarter earnings rose 6.7%, led by a 40% increase in operating revenue from the olefins segment in the Americas.

New York Doctor Tests Positive for Ebola

Wall Street Journal: US News - 11 hours 6 min ago
A physician who had returned to New York City 10 days ago after treating Ebola patients in West Africa has tested positive for the disease.

P&G to Exit Duracell Battery Ops

Wall Street Journal: US Business - 11 hours 9 min ago
P&G said it plans to exit its Duracell battery business and will likely split the operation off into a separate company, part of its plan to shed up to half its brands to simplify and speed sales growth.

UPS Posts Strong Results

Wall Street Journal: US Business - 11 hours 10 min ago
UPS said its revenue rose 5.7% in the latest quarter, boosted by a higher number of deliveries from overseas, and added that it expects shipments in December to jump 11% from a year ago.

Cabot Oil Earnings Rise 44%

Wall Street Journal: US Business - 11 hours 10 min ago
Cabot Oil Gas Corp. said its third-quarter earnings grew 44% on the strength of higher production volume in key segments.

U.K. Growth Slows in Third Quarter

Wall Street Journal: US Business - 11 hours 10 min ago
U.K. economic growth slowed in the third quarter, official data showed, in the latest sign the global recovery may be losing steam.

House Panel to Convene Ebola Hearing

Wall Street Journal: US News - 11 hours 16 min ago
Lawmakers are expected to focus on protections for U.S. troops and aid workers deployed to West Africa to help treat Ebola as a House panel convenes Friday morning for a hearing on the U.S. response to the disease, the day after a physician in New York tested positive for the virus.

Ford's Profit Falls

Wall Street Journal: US Business - 11 hours 26 min ago
Ford said third-quarter net income fell to $835 million from $1.27 billion a year ago as lower production, and warranty and recall costs led to lower profits in North America, and losses in Europe hurt results.

Bristol-Myers Sales, Profit Beat Estimates

Wall Street Journal: US Business - 11 hours 27 min ago
Bristol-Myers Squibb Co. reported a smaller-than-expected decline in third-quarter revenue, despite lost sales as the result of the pharmaceutical company’s exit of a diabetes alliance earlier this year.

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