Activist investor Blackwells is pushing to remove Tom Barrack, a billionaire friend of President Donald Trump, as CEO of Colony Capital, saying his mismanagement of the real estate and investment firm has cost shareholders billions of dollars in lost gains.
China sold $6 billion worth of dollar-denominated bonds on Tuesday, double its initial target.
China raised $6 billion in its biggest ever international sovereign bond sale on Tuesday, as it pounced on the year's sharp dive in borrowing costs.
The dollar and a gauge of global stock markets traded little changed on Tuesday as record highs on Wall Street were offset by caution as traders scrutinized the latest developments in the prolonged U.S.-China trade talks.
Wall Street's three main indexes held steady near all-time highs on Tuesday, as positive comments on trade by President Donald Trump, along with gains for Disney and Best Buy, encouraged investors to shrug off weak economic data.
Federal prosecutors have opened a criminal investigation into whether pharmaceutical companies intentionally allowed opioid painkillers to flood communities, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
The United States and China are close to agreement on the first phase of a trade deal, U.S. President Donald Trump said on Tuesday, after top negotiators from the two countries spoke by telephone and agreed to keep working on remaining issues.
Companies in the S&P 500 index are expected to earn less in the fourth quarter than the year-earlier period, which would mark a second straight quarterly profit decline, according to IBES data from Refinitiv.
Retail subscription for Saudi Aramco's initial public offering (IPO) reached 27.04 billion Saudi riyals ($7.21 billion) on Tuesday, lead manager Samba Capital said.
"I give up. The car is too damn great," explains the "Mad Money" host, after tweeting at Elon Musk: "Had a fantastic ride in the Model X."
U.S. consumer confidence fell for a fourth straight month in November amid worries about current business conditions and employment prospects, but remained at levels sufficient to support a steady pace of consumer spending.
The Federal Reserve should move from a strict 2% inflation target to a broad, "flexible" promise that it would average that level over time, a key member of the U.S. central bank's board of governors said on Tuesday in one of the most explicit endorsements yet for changes in its monetary policy framework.
A shower of Chinese rocket debris after a launch crushed buildings in the rural Sichuan province and was captured on a video.
The New York Stock Exchange (NYSE) said on Tuesday it had filed with the U.S. Securities and Exchange Commission to allow companies going public to raise capital through a direct listing, instead of an initial public offering.
If you're 70½ or older, you must withdraw a certain amount from your traditional retirement accounts each year. However, the amount you're required to take out could change due to longer life expectancies.