Lockheed Forecasts Sales and Margins Drop in 2015

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Lockheed Martin reported a forecast-beating 1.7% rise in third quarter profit and raised its 2014 outlook, but forecast sales and margins will drop sequentially in 2015, even if lawmakers approve the Pentagon’s existing budget plan.

AbbVie, Shire Terminate Deal

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AbbVie and Shire terminated their $54 billion deal, killing the year’s biggest agreed-upon merger amid a U.S. government push against so-called inversion deals.

EU Regulators Seek Feedback on Trans-Atlantic Air Pact

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Air France-KLM, Alitalia and Delta are planning a tie-up on trans-Atlantic flights involving schedule, pricing and capacity coordination and profit-sharing. EU antitrust regulators want to hear what others think.

Jaguar Land Rover Opens China Factory

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Tata Motors’ Jaguar Land Rover opened its first plant in China as part of a manufacturing push aimed at more than doubling global sales by the end of this decade.

IPhone 6 Recharges Apple's Growth

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Apple said its quarterly profit rose 13%, and it predicted record holiday sales, as strong demand for its new larger-screen iPhones helped to overcome sluggish iPad sales.

IBM Faces Another Overhaul

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IBM, two decades after successfully shifting its emphasis to software and computer services from hardware, is showing signs of needing another overhaul.

Eurozone Deficits Fall After New Measure

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A change in the way the European Union measures gross domestic product has left governments with slightly smaller deficits and debts, according to figures released by the bloc’s statistics agency.

CEO of Oil Giant Total Dies in Plane Crash

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French oil company Total SA said Chairman and Chief Executive Christophe de Margerie died Monday in a plane crash at a Russian airport.

Hermès' Chinese Brand Slow to Gain Traction

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Hermès doesn’t expect its Chinese brand, Shang Xia, to break even until 2016, a date that consultants say reflects its slow traction in China and the difficulties it faces with Beijing’s crackdown on luxury gift-giving by officials.

What should happen to the college students who rioted at the pumpkin festival in NH this weekend?
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