Amazon.com Inc said on Tuesday it will build offices for up to 25,000 people in New York City’s Queens borough and in Northern Virginia, near Washington, D.C., ending a year-long bidding war for a $5 billion second headquarters that will now be split in two.
The U.S. decision to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a U.S. monopoly, China told a WTO meeting on Tuesday.
The S&P 500 and the Nasdaq opened higher on Tuesday, boosted by a rebound in technology stocks and hopes of progress in the U.S.-China trade talks, while losses in Boeing Co and Home Depot Inc weighed on the Dow.
U.S. stocks were set to open higher on Tuesday, as strong results from Home Depot Inc and hopes of progress in the U.S.-China trade talks helped Wall Street’s recovery from a technology-driven selloff.
General Electric Co is selling a part of its stake in oilfield services provider Baker Hughes , the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.
Thomson Reuters Corp said on Tuesday it has appointed Michael Friedenberg as President of Reuters news and media operations, who previously served as the chief executive of IDG Communications.
Boeing Co delivered 43 of its best-selling 737 single-aisle aircraft in October up from 37 a year ago, helped by another month of strong demand in a booming jet aircraft market.
Johnson Controls International Plc said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash transaction valued at $13.2 billion.
OPEC built a case on Tuesday for cutting oil output when it meets next month, warning that a supply glut could emerge in 2019 as the world economy slows and rivals increase production more quickly than expected.
U.S. activist hedge fund Elliott Management said on Tuesday Hyundai Motor Group was “grossly overcapitalized” and shareholder returns from the Korean automotive group were lagging industry standards.
Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, BlackRock, the world’s largest asset manager, said on Tuesday.
Europe’s top court dealt the food industry a blow on Tuesday as it dismissed an attempt by a Dutch cheese maker to copyright its cream cheese, saying that the taste of a food product does not qualify for copyright protection.
Tyson Foods Inc reported quarterly sales on Tuesday that missed Wall Street estimates, as more consumers and restaurants took advantage of falling beef and pork prices, cutting into demand for chicken.
Walmart and Home Depot , two of the top 10 U.S. employers, have embraced a health insurance strategy that punishes drugmakers for using discount cards to keep patients from switching or stopping their medications.
Despite market wobbles, the United States is the most favored equity region for global fund managers, who broadly expect the S&P500 index to rise another 12 percent before peaking, Bank of America Merrill Lynch’s latest investor survey showed on Tuesday.
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