Auto sales level off as GM, Toyota in October drop
Automakers report lower U.S. October sales signaling a plateau at a healthy level. GM beat estimates with a 1.7 percent drop, Toyota slumped 8.7 percent, while Fiat Chrysler and Nissan fell. Ford’s results delayed after a Monday fire at its headquarters disrupted dealer data flow.
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Chamber of Commerce Uses Socio App at Avon Expo
Lorain County Chamber of Commerce unveils a handshake style contact exchange via the Socio app at Tom's Country Place Avon expo. More than 100 exhibitors and 500 attendees expected. Users shake phones to share contact details with on the spot downloads and real time event metrics.
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Pfizer scraps cholesterol drug as profits fall and stock slips
Pfizer tops off a tough quarter by scrapping a leading cholesterol drug amid insurer access fears and higher costs. The drugmaker posted a 38 percent drop in profit, cut full year guidance, and sparked a stock selloff as markets tread toward the 2016 election uncertainty.
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UPS trial ends with closing arguments over unpaid cigarette tax
Regulators urge an $873 million penalty against United Parcel Service Inc in a federal civil trial in New York. They allege UPS ignored illicit cigarette shipments from upstate Indian reservations to New York customers, citing a culture prioritizing sales over tax enforcement.
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United Parcel Service Inc
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