Canada's Bombardier Inc is in talks to sell its business-jet unit to U.S. maker of Cessna jets, Textron Inc , the Wall Street Journal reported https://www.wsj.com/articles/bombardier-in-talks-to-sell-business-jet-unit-to-textron-11580835712?mod=searchresults&page=1&pos=2, citing people familiar with the matter.
Some investors believe Tesla has ballooned to levels unjustified by its fundamentals.
Alphabet Inc shares fell 4% on Tuesday after the search giant posted its first holiday-quarter revenue miss in five years, even as new disclosures on the company's smaller YouTube unit were warmly welcomed by Wall Street.
ConocoPhillips boosted its share buyback program by $10 billion on Tuesday even as lower oil and gas prices continued to batter the world's largest independent oil and gas producer's profit.
Higher prices for Ralph Lauren Corp's down jackets and fleeces during the crucial holiday season boosted its margin and helped the company beat quarterly profit estimates on Tuesday, sending the fashion house's shares up over 8%.
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The surge comes a day after Tesla stock climbed nearly 20%, its biggest one-day gain in six years.
Finland's Kone and private equity firms are battling to buy ThyssenKrupp's prized elevator division worth more than 15 billion euros ($16.6 billion), a deal which would be Europe's biggest private equity deal in 13 years.
Hyundai Motor will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.
The U.S. Federal Reserve announced Tuesday it had permanently barred Goldman Sachs executive Andrea Vella from the banking industry for his role in Malaysia's 1MDB scandal.
Crude oil prices rebounded and global equity markets surged on Tuesday as China's efforts to minimize the economic impact from the coronavirus epidemic spurred investors' risk appetite.
Ralph Lauren Corp said on Tuesday it has shut about half of its 110 stores in China due to the coronavirus outbreak, which has so far killed over 420 people.
Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine.
Gains in technology heavyweights helped Wall Street's main indexes climb for the second day on Tuesday, with fresh intervention by China's central bank calming investor nerves.