U.S. stocks lose steam as hopes waver for U.S.-China trade deal
Equity indexes on Wall Street gave up earlier gains on Tuesday amid uncertainty over the prospects for a U.S.-China trade deal, while demand for U.S....
Wall Street treads water as financials fall, trade hopes flicker
Wall Street treaded water on Tuesday, as a drop in financials and renewed concerns about a U.S. recession offset early optimism about hopes of a...
Pentagon in talks with Australia on rare earths plant: official
The U.S. Department of Defense is in talks with Australia to host a facility that would process rare earth minerals, part of an effort to...
Papa John’s hires Arby’s head as CEO to turnaround struggling pizza chain
Papa John’s International Inc on Tuesday named Arby’s Restaurant Group Inc President Rob Lynch as its chief executive officer, replacing Steve Ritchie barely 19 months...
Weak dog food sales hit Smucker results; shares tumble
J. M. Smucker Co cut its full-year earnings forecast and reported disappointing quarterly results on Tuesday, as sales of its Nutrish dog food brand were...
Philip Morris in merger talks with Altria; e-cigs a focus
Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world’s largest tobacco companies after more than...
Mercedes Benz Brazil to invest 1.4 billion reais for new trucks, but exports still weak
The Brazil unit of Mercedes Benz, the local market leader in trucks and buses, said on Tuesday it will invest 1.4 billion reais ($340 million)...
Thiel’s Founders Fund sells remaining Facebook shares
Early Facebook Inc backer, Founders Fund, has sold all of its holdings in the social media giant as part of a previously established trading plan...
Oil up 1% as hopes grow for U.S.-China trade breakthrough
Oil prices rose more than 1% on Tuesday after U.S. President Donald Trump predicted a trade deal with China following positive comments by Beijing, calming...
Wall Street opens higher, trade hopes build
U.S. stocks opened higher on Tuesday as investors held their hopes on a resolution to the prolonged trade dispute between the world’s two largest economies...