EBay Inc forecast first-quarter revenue below Wall Street targets on Tuesday, as the e-commerce company faces fierce competition from bigger rival Amazon.com Inc , sending its shares down about 3% after the bell.
Advanced Micro Devices Inc forecast current-quarter revenue below analysts' estimates on Tuesday, as demand wanes from console makers ahead of new launches.
The U.S. economy will grow at a "solid" rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but the federal budget deficit will hit $1.02 trillion.
U.S. stocks rebounded on Tuesday, with the S&P 500 bouncing back from its worst day in nearly four months, led by a climb in Apple and other names after concerns on the economic impact of the coronavirus outbreak in China sparked a sell-off last week.
Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets lost a bit of their appeal as investors took a less pessimistic view of the potential economic fallout from China's coronavirus outbreak.
The Consumer Financial Protection Bureau has a new policy that some fear will weaken its policing of Wall Street.
Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors factory in northeast Ohio, Chief Executive Steve Burns told Reuters.
Oil futures edged up on Tuesday after falling for five days, gaining support from a rebound in Wall Street stocks and talk that OPEC and its allies might tighten the market amid fears the coronavirus could weigh on oil demand.
Facebook Inc recommended rules on Tuesday for how its independent oversight board will work and said a former human rights group director will lead the board's administrative staff.
U.S. bank JPMorgan Chase & Co is planning to cut hundreds of jobs across its consumer division, Bloomberg reported https://bloom.bg/2GsDvzw on Tuesday, citing people briefed on the matter.
Renault will resume production at the factory it runs with Dongfeng Group in Wuhan, Hubei province and the epicenter of the outbreak of a new flu-like virus, on Feb. 10, a spokeswoman for the French carmaker said on Tuesday.
Canada, the only member of an elite intelligence-sharing network yet to decide whether to allow the use of Huawei Technologies Co Ltd 5G technology, on Tuesday said it was studying Britain's decision not to ban the Chinese telecoms giant from the West's next-generation communications.
United Airlines Holdings Inc is cancelling some flights to China as Facebook Inc and other global companies restrict travel to the country, with concerns over a flu-like virus deepening.
The U.S. economy will grow at a "solid" rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion.
French carmaker Renault on Tuesday named former Volkswagen's Seat brand executive Luca de Meo as its new chief executive, as Renault moves to create a new management in the post-Ghosn era and shore up its alliance with Nissan .