Saturday, October 25 2014

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Business News Articles for Saturday, October 25 2014
Business News
Amazon's holiday-quarter forecast disappoints, shares dive

Amazon.com Inc's (AMZN.O) sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer's shares 9 percent lower on Thursday.

Sears closing stores, cutting over 5,400 jobs

Sears Holdings Corp. plans to close about 100 stores and cut more than 5,400 jobs before Christmas

Defective air bags raise questions about automakers’ ability to handle gigantic recall

More than 30 million cars and trucks nationwide are equipped with dangerously defective air bags, congressional officials say, a number that raises questions about whether the U.S. auto industry can handle what could become the largest recall in history.