Morgan Stanley pays $5 million fine to settle SEC charges it misled investing clients
A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients...
U.S. posts record $738 billion budget deficit in April
The United States on Tuesday reported a record $738 billion budget deficit in April, as an explosion in government spending and a shrinking of revenues...
S&P 500 edges lower on risks linked to economy reopening
The S&P 500 dipped in choppy trading on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a...
U.S. attorneys general ask Amazon for data on COVID-19-linked worker deaths, infections
A group of 13 U.S. attorneys general asked Amazon.com on Tuesday to provide data on coronavirus-linked infections and deaths among its workforce, along with evidence...
China working to fulfil pledge on U.S. purchases despite import slowdown: sources
China is committed to its Phase 1 trade deal with the United States and is working towards meeting its promise to boost U.S. purchases, even...
Uber approaches GrubHub with takeover offer: source
Uber Technologies Inc is in advanced talks to buy online food delivery company GrubHub Inc in an all-stock deal, according to a person familiar with...
Coalition of U.S. attorneys general ask Amazon for data on COVID-linked worker deaths, infections
A group of 13 U.S. attorneys general asked Amazon.com on Tuesday to provide data on infections and deaths among its workforce along with evidence of...
Truck maker Volvo ditches dividend payment amid COVID-19 crisis
Swedish truck maker Volvo will withdraw its proposed dividend for 2019, it said on Tuesday, joining a slew of firms opting not to make payments...
Stock market rally pauses, bonds edge higher as economy partly reopens
World equity markets were little changed and safe-haven bonds climbed on Tuesday as investors weighed stronger economic data from China and upbeat corporate earnings in...
S&P 500 subdued on risks linked to reopening of economy
The S&P 500 struggled for direction on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered...