thursday afternoon

Gap Inc. reports its results for the third quarter on Thursday afternoon. The following is a summary of key developments and analyst opinion related to the period.

General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, a person briefed on the deal said.

The American International Group, the embattled insurance giant, said Thursday afternoon that its board has picked Harvey Golub, the former chief executive of American Express, as its new chairman.

Texas billionaire R. Allen Stanford, chairman of the troubled Stanford Financial Group, surrendered to FBI agents in Virginia Thursday afternoon, his attorney said.