Ford shares dive after carmaker posts fourth-quarter loss, disappointing 2020 outlook
Investors sent Ford Motor Co shares skidding on Tuesday after the company delivered a weaker-than-expected 2020 forecast, warning of higher warranty costs, lower profits at...
Chipotle’s earnings beat estimates on higher prices, digital boost
Chipotle Mexican Grill Inc raised menu prices and consumers bit, helping the fast-casual burrito chain beat analysts’ estimates for quarterly sales and profit on Tuesday....
Wall Street jumps as China stimulus measures soothe virus worries
The Nasdaq hit a record high on Tuesday and the S&P 500 posted its biggest one-day gain in about six months as fears of a...
Boeing will not cancel CEO incentive award tied to 737 MAX return
Boeing Co told U.S. lawmakers it will not cancel an incentive award for its new chief executive tied to the return of its grounded 737...
U.S. Federal Reserve bars former Goldman Sachs executive for role in 1MDB scandal
The U.S. Federal Reserve said on Tuesday that it permanently barred a former Goldman Sachs Group Inc executive from the banking industry over his role...
Macy’s to close 125 stores, cut more than 2,000 jobs
Macy’s Inc said on Tuesday it plans to close 125 of its least productive stores over the next three years and cut more than 2,000...
Nike warns of financial impact from coronavirus outbreak
Nike Inc said on Tuesday the coronavirus outbreak in China would have a financial impact on its operations in the country, its biggest growth market,...
Snap adds more users, still misses quarterly revenue estimates
Snap Inc added more users to photo messaging app Snapchat in the fourth quarter, but missed Wall Street estimates for revenue on Tuesday, hurt by...
Wall Street jumps as China steps ease virus impact worry
The Nasdaq hit a record high on Tuesday and the S&P 500 posted its biggest one-day gain in nearly six months as fears of a...
State AGs, Justice Department discuss Google anti-trust probe
The executive committee of the state attorneys general investigating Alphabet’s Google wrapped up a meeting on Tuesday afternoon with U.S. Justice Department officials to coordinate...