Business & Finance News
A gauge of world stock markets was lower for the first time in five sessions and bond yields rose on Tuesday, amid uncertainty over the amount of stimulus the European Central Bank will add to prop up a sagging economy this week on fresh signs of slowing global growth.
A federal appeals court revived a lawsuit by Spirit Airlines passengers who said the low-cost carrier blindsided them by imposing unexpected carry-on bag fees on tickets bought through Cheapoair, Expedia, Priceline and Travelocity.
IBM is joining forces with a German research institute to explore the potential of quantum computing in a project that the government in Berlin will back to the tune of 650 million euros ($717 million) over two years.
Boeing Co handed over around a quarter as many planes in August as it did a year ago, pushing total deliveries so far this year down more than 40%, as the worldwide grounding of its best-selling 737 MAX jet enters its seventh month.
Boeing Co said on Tuesday suspension of final load testing of its new widebody 777X aircraft was due to an issue that involved depressurization of the rear fuselage of the plane.
Boeing Co handed over around a quarter as many planes in August as it did a year ago, pushing total deliveries so far this year down more than 40%, as the worldwide grounding of its best-selling 737 MAX jet enters its seventh month.
Bayer management board members Hartmut Klusik and Kemal Malik will leave at the end of the year without a replacement, as the German drugmaker reduces its board to five seats to cut costs.
U.S. stocks fell in morning trading on Tuesday as weak economic data from China added to fears of a global recession and pushed investors out of riskier technology stocks.
U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, which could bolster economists’ views that job growth has peaked.
U.S. stocks opened lower on Tuesday, as weak economic data from China pointed to slowing growth in the world’s second largest economy, adding to fears of a global recession.
U.S. stocks were set to open lower on Tuesday as weak economic data from China pointed to slowing growth in the world’s second largest economy, adding to fears of a global recession.
Apple Inc is set on Tuesday to announce pricing for its forthcoming streaming TV service as well as updates to its iPhone lineup, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.
White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key U.S.-China trade negotiations planned for next month between top officials in Washington.
The next head of Nissan Motor Co will need to prioritize a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and analysts say.
Global bond yields rose on Tuesday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy this week and rising hopes that Berlin could loosen its purse strings.
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