A judge with a U.S. labor agency on Tuesday rejected McDonald’s Corp’s proposed settlement of a major case on whether the fast-food company is accountable for alleged labor law violations by franchisees across the country.
A U.S. appeals court gave investors in Toshiba Corp’s U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.
Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting period.
United Airlines raised its profit forecast for 2018 on Tuesday, breaking a trend for U.S. airlines as average fares and traffic both rose and it trimmed capacity expansion in the face of soaring fuel costs.
U.S. stocks rose on Tuesday and the Dow posted its fourth consecutive session of gains, as Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting period.
Prime Minister Theresa May could be forced to call another election in months if the “fanatical” pro-Brexit wing of her party do not compromise over how Britain leaves the EU, former prime minister John Major warned on Tuesday.
CNBC’s Courtney Reagan reports on the latest numbers from Amazon’s Prime Day amid its glitches on Monday. …read more […]
U.S. regional airline Republic Airways signed a letter of intent to buy 100 E175 passenger jets made by Brazil’s Embraer SA , the two companies said at the Farnborough Airshow on Tuesday.
British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on Tuesday, fending off a rebellion that had threatened to deepen a crisis over her Brexit strategy.
Boeing will press for deeper price cuts from some suppliers once it completes its planned acquisition of the regional jet business of Brazil’s Embraer , Chief Executive Dennis Muilenburg told Reuters on Tuesday.
Wall Street pushed higher on Tuesday as investors looked to Federal Reserve Chairman Jerome Powell’s optimistic view of the U.S. economy and as solid earnings supported expectations of a strong second-quarter reporting season.
Prime Minister Theresa May won approval from the lower of house of parliament on Tuesday for a law needed to let Britain pursue an independent trade policy once it leaves the European Union.
Federal Reserve Chairman Jerome Powell said on Tuesday he sees the United States on track for years more of steady growth, but was challenged in a congressional hearing by senators worried the Trump administration’s trade policies were already damaging businesses in their districts.
Belgium is being offered a possible role in future European combat jet developments if it picks the Eurofighter Typhoon over the U.S.-built F-35, in a fierce contest to rearm the country’s air force, a senior official with Britain’s BAE Systems said.
Obama was cheered by thousands in Johannesburg’s Wanderers Stadium as he marked the centenary of Nelson Mandela’s birth by urging respect for human rights, the free press and other values he said were under threat. “Those in power seek to undermine every institution … that gives democracy meaning,” he said. …read more […]
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