When Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, it said it would close another 142 unprofitable Sears and Kmart locations and seek to reorganize around financially healthier stores. It also triggered a “time bomb” that retailers have had a tough time surviving.
U.S. stocks rose broadly on Tuesday, led by technology and healthcare shares, as upbeat earnings from blue-chip companies helped ease jitters over the impact of the ongoing U.S.-China trade war and other global issues on corporate profits.
A U.S. judge on Tuesday approved the settlement between the Securities and Exchange Commission, Tesla Inc and its Chief Executive Officer Elon Musk.
Wall Street’s top investment banks reported better-than-expected quarterly profits on Tuesday, helped by strength in stock trading and equity underwriting, wrapping up what has been a strong quarter for the big U.S. banks.
A U.S. judge on Tuesday approved the settlement between the Securities and Exchange Commission, Tesla Inc and its Chief Executive Officer Elon Musk.
U.S. industrial production increased for a fourth straight month in September, boosted by gains in manufacturing and mining output, but momentum slowed sharply in the third quarter.
Huawei [HWT.UL] unveiled new flagship smartphones with novel smart camera and video features on Tuesday, as it seeks to sustain momentum among price-conscious consumers.
U.S. stocks opened higher on Tuesday, led by technology stocks, as upbeat earnings from blue-chip companies helped ease jitters over the impact of an ongoing U.S.-China trade war and other global issues on corporate profits.
Volkswagen will overhaul its dealership and sales organization by April 2020 to enable online sales and over-the-air software updates for its new electric cars, the German automaker said on Tuesday.
Wall Street was set to recover on Tuesday as upbeat earnings reports from blue-chip companies helped ease jitters over the impact of an ongoing U.S.-China trade war and other global issues on corporate profits.
Wells Fargo & Co said on Tuesday it had applied for an investment firm license in France as part of a Brexit strategy that will shift its servicing of European mainland customers out of London.
Uber Technologies Inc [UBER.UL] could be valued at $120 billion when it finally goes public next year according to recent proposals made by U.S. banks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Unilever will engage more with its shareholders and has learned lessons from investors’ opposition to the consumer goods group’s pay policy, a company executive said on Tuesday in response to questions from a British parliamentary committee.
Goldman Sachs reported a better-than-expected quarterly profit on Tuesday, driven by its equities trading and investment banking businesses that offset weakness in bond trading.
Walmart Inc lowered its earnings forecast for the year on Tuesday and said its e-commerce growth next year would be slower than the current fiscal year that ends in January, sending its shares down in premarket trading.
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