Business

October 2018 is set to be the worst October for stocks since 2008, when the S&P 500 plunged 16.9 percent, according to Silverblatt. The S&P 500 slipped past two closely watched levels on Oct. 26, falling below its 200-day moving average and more than 10 percent from its intraday high …

Mark Zuckerberg, founder and chief executive officer of Facebook Inc., smiles during a news conference at the company’s headquarters in Palo Alto, California, U.S., on Wednesday, Oct. 6, 2010. Facebook CEO Mark Zuckerberg saved around $128 million thanks to fortunately timed sales of his own company’s stock. Facebook share prices …

General Motors Chairman & CEO Mary Barra (L) and President of General Motors China Matt Tsien attend a press conference in Shanghai, China September 15, 2017. General Motors is keeping a close eye on China, CEO Mary Barra said Wednesday. GM said its luxury brand Cadillac had record sales in …

YASUYOSHI CHIBA | AFP | Getty Images Men work with a jet engine at General Electric (GE) Celma, GE’s aviation engine overhaul facility in Petropolis, Rio de Janeiro, Brazil. UBS bumped its rating of General Electric shares to buy from neutral on Wednesday, saying the battered stock is primed for …

Nelson Ching | Bloomberg | Getty Images Robin Li, chief executive officer of Baidu Inc. Ford and Chinese internet giant Baidu announced a tie-up Wednesday that will see the two firms jointly test self-driving vehicles in China for two years. The initiative will see the two companies collaborate on the …

David Paul Morris | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Inc., speaks during the Google I/O Developers Conference in Mountain View, California, U.S., on Tuesday, May 8, 2018.  Google CEO Sundar Pichai sent an internal email on Tuesday condoning an employee protest planned for Thursday …

The stock market is “not out of the woods” despite Tuesday’s positive trading session, CNBC’s Jim Cramer and technician Bob Lang warned investors as stocks pared their monthly losses. Lang, the founder of ExplosiveOptions.net, author of “Know Your Options” and part of the Trifecta Stocks newsletter team at TheStreet.com, said …

Luke Sharrett | Bloomberg | Getty Images Aluminum coils sit on the floor of the Arconic Inc. manufacturing facility in Alcoa, Tennessee. Arconic shares rose as much as 10 percent in after-hours trading on Tuesday following a report that Apollo Global Management is in advanced talks to acquire the company. …

General Electric shares plunged 10 percent to below $10 a share during trading Tuesday after multiple Wall Street analysts warned clients that new CEO Larry Culp’s cut to the quarterly dividend to just a penny a share may be just the beginning of a slow and difficult process. GE shares …

Timothy A. Clary | AFP | Getty Images Apple CEO Tim Cook unveils new iPads in New York on Oct. 30, 2018. Apple is doing everything it can to position the iPad as the PC killer. CEO Tim Cook said at an event in New York on Tuesday that Apple …