RIO DE JANEIRO/BRASILIA (Reuters) - Argentina's debt default threatens to worsen trade tensions in South America, adding to the economic woes of Brazil in a tense election year and causing headaches in Uruguay as the Argentine economy looks likely to plunge deeper into recession.
DETROIT (Reuters) - Tesla Motors Inc, the California-based maker of luxury electric cars, said Thursday it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million.
BOSTON (Reuters) - Billionaire investor William Ackman called himself his "own worst enemy" in reviewing why last week's much hyped presentation on Herbalife Ltd.'s nutrition clubs failed to deliver the "death blow" he had originally promised.
NEW YORK (Reuters) - French telecoms operator Iliad SA has recently made a buyout approach for T-Mobile US Inc , according to a person familiar with the matter, a surprise bid that counters an existing takeover bid by Sprint Corp .
(Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, reported a stronger-than-expected quarterly profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.
SAO PAULO (Reuters) - Brazil's Embraer SA , the world's third largest commercial planemaker, expects more new regional jet orders from the United States next year, given strong acceptance of E-175 aircraft delivered there recently, Chief Executive Officer Frederico Curado said on a Thursday earnings call.
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend pointed to a continuing strengthening of labor market conditions.
(Reuters) - DirecTV , the No.1 U.S. satellite TV provider, reported quarterly revenue above analysts' estimates as the soccer World Cup helped it add subscribers in Latin America and prices increased in the United States.
(Reuters) - ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a flat quarterly profit as higher costs offset an increase in oil and gas production.
NEW YORK (Reuters) - U.S. stock index futures were sharply lower on Thursday, after Argentina defaulted for the second time in 12 years, raising concerns the country's weakness could spread to the region.
