Stocks trade flat as recession fears simmer, gold gains
A gauge of global equities traded little changed on Tuesday, pulled lower by sliding stocks on Wall Street as prospects of a U.S.-China trade deal...
Papa John’s hires Arby’s head as CEO to drive turnaround
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...
SEC fines audit firm RSM $950,000 to settle independence violation claim
The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it fined public accounting firm RSM US LLP $950,000 to settle claims it violated...
New York Fed among six banks voting in July for no change in discount rate
Underscoring discord at the U.S. central over interest-rate policy, directors at half of the Federal Reserve’s regional Fed banks — including those at the influential...
BP exits Alaska with $5.6 billion sale to Hilcorp
British oil major BP said on Tuesday it had agreed to sell its Alaskan operations for $5.6 billion to privately held oil and natural gas...
Philip Morris in merger talks with Altria; e-cigs at stake
Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world’s largest tobacco companies in a bid...
Oil turns lower as stock market weakens on trade deal uncertainty
Oil prices were steady to soft on Tuesday, paring earlier gains along with the stock market lower as China dampened optimism for a trade deal...
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...