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US capital-equipment orders fall for second straight month

Bloomberg Orders placed with US factories for business equipment declined in September for a second month, a sign momentum in capital investment has paused as global trade concerns persist, Commerce Department figures showed. The report showed declines in bookings for electrical equipment, appliances and components, while orders for computers and electronic products were unchanged. Categories with gains included motor vehicles ...

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Daimler expects an earnings bounce in Q4

Bloomberg Daimler AG has its work cut out to get a fourth-quarter earnings bounce. After two consecutive profit warnings, the German manufacturer of Mercedes-Benz cars sees improvements by clearing out vehicle stock in Europe and maintaining sales momentum in China, the Stuttgart-based company said in a statement. Neither will be easy. “Daimler is certainly not alone when hoping for a ...

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Comcast rises as focus on improving service pays off

Bloomberg Comcast Corp. climbed in early trading after its focus on improving its internet service paid off in the third quarter, with the largest US cable provider posting a big increase in broadband subscribers. The company added 363,000 internet subscribers in the period, a 70 percent increase from a year earlier. Comcast has had only one previous quarter in the ...

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