NEW YORK: Investors turned cautious Tuesday as a pair of economic reports sent mixed signals about how the recovery was going.
Major stock indexes ended narrowly mixed a day after the Dow Jones industrials soared more than 150 points on upbeat manufacturing reports in the U.S. and China.
Uncertainty over key reports this week on employment and the service industry also kept buyers at bay.
The economic news on Tuesday was muddled. The Commerce Department reported that factory orders rose by more than twice what had been expected in November, reflecting demand in the steel, computer and chemical industries.
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NEW YORK - Fresh bread will soon be baking high above ground zero.
The new World Trade Center has received its first restaurant - a sandwich shop at the top of the Freedom Tower under construction.
As the sun rose over the site of the Sept. 11 attack, a crane hoisted the Subway restaurant up the signature skyscraper that marks the rebirth of the trade center's 16 acres. The shipping containers-turned-eatery will open in January and keep moving up as the tower is built to 105 floors.
That was about the height of Windows on the World, a dining institution atop one of the original twin towers with a panoramic view of New York and its harbor.
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Production jobs have been moving out of Europe for years. But as the Daimler decision last week to move C-Class production to the US shows, the process is accelerating as the dollar becomes weaker. Companies from Airbus to ThyssenKrupp are opening factories in America to improve their bottom lines. ...
A French court ordered online auction site eBay on Monday to pay €1.7 million to luxury retailer Louis Vuitton Moet Hennessy, or LVMH, for the unauthorised sale of its perfumes.
AFP - A French court on Monday ordered online auction site eBay to pay 1.7 million euros (2.5 million dollars) to luxury goods maker LVMH for unauthorized selling of its perfumes, the companies said.
Louis Vuitton Moe
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Wall Street cool on rumored Google phone launch
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