The S&P 500 and Dow Industrials rose on Tuesday as Alphabet’s blowout results bolstered expectations of a robust earnings season, though a decline in the Nasdaq pointed to lingering concerns over trade tensions.
Occidental Petroleum Corp is exploring a sale of its pipeline assets, hoping to fetch more than $5 billion and free up capital to invest in exploration and production as oil prices rebound, people familiar with the matter said on Tuesday.
U.S. President Donald Trump’s oldest daughter, Ivanka Trump, said on Tuesday she is closing her fashion line to focus her energies on advising her father’s White House.
The National Transportation Safety Board said on Tuesday it will hold an investigative hearing in November about a midair incident in April in which an engine on a Southwest Airlines Boeing 737 exploded over Pennsylvania, killing one passenger.
The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump’s trade disputes with China and other trading partners. The plan focuses on Midwest soybean producers and others targeted by retaliatory measures. The Agriculture Department said the proposal would include direct assistance for farmers, purchases of excess crops and trade promotion activities aimed at building new export markets. …read more […]
U.S. President Donald Trump’s oldest daughter, Ivanka Trump, is closing her fashion line to focus her energies on advising her father’s White House, she said through a representative on Tuesday.
Big Red is on schedule with its upcoming 5G launch. …read more […]
Ivanka Trump is winding down her namesake apparel brand, the company said, a year after U.S. President Donald Trump’s daughter separated herself from the company and entered the White House as a senior adviser.
Facebook (FB) saw its stock price hit yet another new high Tuesday one day before the social media company is set to report its second-quarter financial results. Investors are likely looking at top and bottom line estimates in preparation, but what they also need to understand is what to expect from Facebook’s user growth amid the wave of data scandal backlash. …read more […]
Possible retaliatory ways of China against Trump administration’s claims of imposing tariffs on about $505 billion of goods and its ETF impact. …read more […]
U.S. prosecutors on Tuesday said they will narrow a case against several former Insys Therapeutics Inc executives accused of bribing doctors to prescribe a potent opioid after a federal judge questioned the scope of the indictment charging them.
The Nasdaq Composite hit a record high on Tuesday as Alphabet’s blowout results sparked a rally in high-growth stocks and bolstered expectations of a robust earnings season, while a rise in oil and metal prices boosted energy and material companies.
Ford Motor Co said on Tuesday it was creating a separate $4 billion unit to house its self-driving vehicle operations and is seeking outside investors, following a similar move in late May by Detroit rival General Motors Co with its Cruise Automation unit.
Eli Lilly and Co said on Tuesday it would take its Elanco animal health business public and posted a better-than-expected quarterly profit, helped by demand for its diabetes drugs Trulicity and Humalog.
The Nasdaq Composite hit a record high on Tuesday as Alphabet’s blowout results sparked a rally in high-growth stocks and bolstered expectations of a robust earnings season, while a rise in oil and metal prices boosted energy and material companies.
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