U.S. President Donald Trump said on Tuesday that he would raise tariffs on imports of Chinese goods if no trade deal is reached with Beijing to end a tit-for-tat trade war that has roiled markets and damaged growth worldwide.
The S&P 500 and the Dow Jones indexes retreated from record levels on Tuesday as dour forecasts from Home Depot and Kohl's eroded confidence that the U.S. consumer will support the economy.
European defense programs should be issued with a single weapons export license so policy changes of an individual state do not affect the supply chain, the CEO of Italian defense company Leonardo said on Tuesday.
Renault's interim chief executive Clotilde Delbos said on Tuesday the carmaker did not rule out pulling out of some products or markets as part of a review of mid-term goals.
Investors may be too comfortable picking individual stocks, and ignoring the macro risks that could derail the rally.
South African Airways (SAA) resumed some regional flights on Tuesday but warned that only a deal with striking unions can resolve its current crisis, as the government said it has no more money for the cash-strapped state carrier.
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The U.S. National Transportation Safety Board on Tuesday called on Boeing Co to redesign the fan cowl structure on all 737 NG planes and retrofit existing planes after an April 2018 incident in which a woman was killed on a Southwest Airlines plane due to an engine failure caused by a broken fan blade.
The S&P 500 and the Dow Jones indexes slipped from record levels on Tuesday as dour forecasts from Home Depot and Kohl's eroded confidence on the strength of U.S. consumer spending ahead of the all-important holiday shopping season.
U.S. President Donald Trump and top administration officials on Tuesday renewed pressure on Congress to ratify the U.S.-Mexico-Canada (USMCA) trade agreement, after a major U.S. labor leader on Monday said there was more work to do on the deal.
The Policemen's Annuity and Benefit Fund of Chicago ended a $67 million relationship with Fisher Investments, marking another institutional investor to exit from the Camas, Washington-based firm.
The U.S. National Transportation Safety Board on Tuesday called on Boeing Co to redesign the fan cowl structure on all 737 NG planes and retrofit existing planes after an April 2018 incident in which a woman was killed on Southwest Airlines plane after an engine failure caused by a fan blade.
Former Goldman Sachs Group Inc Chief Executive Lloyd Blankfein pushed back on Tuesday against Elizabeth Warren's criticism of him and other prominent billionaires, saying the singling out of individuals makes him fear for the "political process in the United States."
A federal appeals court said General Motors Co is not liable for punitive damages over accidents that occurred after its 2009 bankruptcy and involved vehicles it produced earlier, including vehicles with faulty ignition switches.
Alphabet Inc's Google on Tuesday launched Stadia, a cloud-based service that allows users to stream games including "Assassin's Creed Odyssey" and "NBA 2K20" on Chrome web browser.