S&P stumbles as Moderna sinks on report questioning trial results
The S&P 500 closed lower on Tuesday, as investors focused on a report questioning Moderna’s recent coronavirus vaccine early-stage trial results, wiping out modest gains...
Lockheed’s F-35 production could slow by 24 jets as COVID-19 hits suppliers
Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18...
AT&T shuts Venezuela subscription TV unit, citing U.S. sanctions
AT&T Inc said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment...
Trump wants payroll tax holiday to mitigage coronavirus economic pain: Kudlow
White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump wants a payroll tax holiday for U.S. workers in the hopes of...
Mnuchin says seeing large second quarter unemployment, negative economic data
U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he is continuing to see large unemployment numbers and other negative economic indicators during the second...
Ford requires visitors to wear masks but unclear if Trump will comply
Ford Motor Co on Tuesday reiterated its policy that all visitors to its manufacturing plants must wear a mask but did not say if it...
Volkswagen pays 9 million euros to end proceedings against chairman, CEO
Volkswagen said it agreed with a German court to pay 9 million euros ($9.9 million) to end legal proceedings against its chairman and chief executive,...
S&P 500 edges higher after mixed retail earnings
The S&P 500 edged up on Tuesday, taking a breather a day after its best one-day performance in six weeks, as investors attempted to glean...
American Airlines may use loyalty program as collateral for U.S. debt: President
American Airlines Group Inc may use its Advantage loyalty program as collateral for a secured U.S. government loan, President Robert Isom said at a conference...
U.S. energy secretary criticized by advocacy groups for ‘redlining’ comment
Liberal groups criticized U.S. Energy Secretary Dan Brouillette on Tuesday for a comment they interpreted as comparing the reluctance of some banks to finance fossil...