Business & Finance News
Coca-Cola Co said on Tuesday it will buy Moxie, a soda-based soft drink brand that is more than a hundred years old, from its bottling partner Coca-Cola of Northern New England (CCNNE).
A global stocks index advanced to more than five-month highs on Tuesday, the day after a U.S.-Mexico trade deal boosted investor confidence.
A former chief executive of Barnes & Noble Inc filed a lawsuit on Tuesday accusing the bookseller of breach of contract and defamation in connection with his sudden termination last month after a little over a year in the job.
Thomson Reuters Corp on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial & Risk unit to Blackstone Group LP on Oct. 1.
U.S. cable TV provider Altice USA Inc called for the communications regulator to intervene in the proposed merger between T-Mobile US Inc and Sprint Corp , in a filing dated Monday and published on Tuesday.
The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration.
U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year.
Tiffany & Co’s results topped Wall Street estimates on Tuesday as a heavy advertising spend drew in both affluent and more price-conscious shoppers to its stores in the Americas and China, prompting the chain to raise its annual profit forecast.
Best Buy Co Inc on Tuesday reported a drop in quarterly online sales growth and offered a profit forecast for the current quarter that fell short of analyst estimates, sending its shares down more than 7 percent in late morning trading.
U.S. stocks were little changed on Tuesday, with the benchmark S&P 500 and the Nasdaq hovering at all-time highs, a day after the United States and Mexico reached an agreement on an overhaul of the North America Free Trade Agreement (NAFTA).
Thomson Reuters Corp said on Tuesday that it will complete the sale of a 55 percent stake in its Financial & Risk unit to private equity firm Blackstone Group LP on Oct. 1.
Canada’s top trade negotiator joins her Mexican and U.S. counterparts in Washington on Tuesday in a bid to remain part of a trilateral North American trade pact, as U.S. officials expressed optimism a deal could be reached this week.
A global stocks index advanced to more than five-month highs on Tuesday, lifted by investor optimism that a U.S.-Mexico deal will help avert a global trade war.
U.S. stock indexes rose on Tuesday, with the benchmark S&P 500 and the Nasdaq indexes hitting fresh all-time highs, as a trade agreement between the United States and Mexico calmed fears of a global trade war.
Chipotle Mexican Grill Inc said on Tuesday it would partner with delivery service DoorDash, as the restaurant chain looks to get more people to eat its burritos and tacos, at a time when traffic at its restaurants is falling.
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