WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank Group Corp and other shareholders turned on him over a plunge in the U.S. office-sharing start-up's estimated valuation.
The S&P 500 and the Nasdaq were set for their worst drops in one month on Tuesday as calls for impeachment of U.S. President Donald Trump gained momentum, while weak consumer confidence data added to worries over the prolonged Sino-U.S. trade war.
U.S. President Donald Trump delivered a stinging rebuke to China's trade practices on Tuesday at the United Nations General Assembly, saying he would not accept a "bad deal" in U.S.-China trade negotiations.
A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV on charges he lied to regulators about diesel emissions, alleging the deception continued even after a scandal over cheating on government environmental tests had engulfed rival Volkswagen AG .
Smith & Wesson parent American Outdoor Brands Corp failed to win a majority of shareholder support for its executive pay, according to a transcript of the gunmaker's annual meeting held on Tuesday.
Harley-Davidson Inc said on Tuesday it would invest as much as $1.6 billion over the next four years to turn around its business, raising concerns about its earnings and sending its shares lower.
A key borrowing cost for Wall Street remained elevated on Tuesday near the end of the quarter even after the Federal Reserve injected $30 billion in longer-term cash into the U.S. banking system a week after turmoil in money markets.
Saudi Arabia is considering doubling the stake to be offered in oil giant Saudi Aramco's much awaited initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued Canada abused its immigration processes to gather evidence against her, a claim the government says is without an "air of reality."
Trump's hectoring of the Fed has led to expectations of inflation, which generally lead to higher inflation that benefits gold.
The Federal Communications Commission said Tuesday Sprint Corp received tens of millions of dollars in monthly government subsidies for 885,000 low-income subscribers who were not using the service and said its Enforcement Bureau is investigating.
Britain's opposition Labour Party leader Jeremy Corbyn pledged on Tuesday to reform the pharmaceutical market to force drug companies to produce generic versions of new medicines and give the state a greater role in research and production.
Fiat Chrysler's $35 billion merger offer for Renault, which was abandoned in June, was no longer on the table, the French carmaker's Chairman Jean-Dominique Senard said on Tuesday.
Shares of Netflix dropped nearly 4% on Tuesday and were on track for their deepest quarterly decline in seven years after two analysts added to growing worries about an impending wave of competition from Walt Disney and other rivals.
Oil prices fell 2% on Tuesday as U.S. President Donald Trump fanned market fears that Sino-American trade tensions are far from settled amid ongoing negotiations, a grim sign for oil demand growth.