This summer, U.S. airlines have enjoyed booming flight demand, immune to a Swedish-born "flight shaming" movement that has hit air travel in Europe, where environmentally conscious travelers are choosing trains over planes.
The European Central Bank will cut its deposit rate next week and announce a restart of its asset purchase program, but over 80% of economists polled by Reuters were skeptical about the bank's ability to influence inflation over the medium term.
The Federal Reserve should use its meeting in two weeks to aggressively cut interest rates, one U.S. central banker said on Tuesday.
Asian stocks dipped early Wednesday after poor U.S. economic data stoked global recession fears and further soured investor sentiment already hurt by heightened trade war concerns.
OxyContin maker Purdue Pharma LP is preparing to seek bankruptcy protection before the end of the month if it does not reach a settlement with U.S. communities over widespread opioid litigation, three people familiar with the matter said, after some states balked at the company's $10 billion to $12 billion offer in August to end their lawsuits as part of a negotiated Chapter 11 case.
U.S. grocer Kroger Co has begun asking customers to stop openly carrying firearms in stores, a change in policy, a spokeswoman said on Tuesday.
U.S. meat processor Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges due to commodity market volatility, slower-than-expected operational improvements in the chicken segment, and the impact of a recent fire at its slaughterhouse in Holcomb.
Federal Reserve policy and bearish positions from investors make stocks and commodities attractive in the short term, according to BofAML.
China's Huawei Technologies on Tuesday said the U.S. government had instructed law enforcement to "coerce" and "entice" its employees to turn against the company, as it steps up its pushback against a U.S. campaign that could threaten its survival.
Air Canada has challenged Onex Corp's proposed acquisition of WestJet Airlines , on grounds that the deal may not meet the country's ownership rules, according to a letter sent by the carrier to the Canadian Transportation Agency.
The Senate's antitrust panel will meet later this month to discuss concerns that tech giants, such as Google or Amazon, seek to buy smaller rivals in order to head off competition.
Marks & Spencer will be relegated from London's FTSE 100 index for the first time since the inception of the blue-chip index in 1984, according to Reuters calculations based on Tuesday's closing prices.
Days when President Donald Trump tweets a lot are associated with negative stock market returns, Bank of America Merrill Lynch says.
Walmart Inc said on Tuesday it would discontinue sales of some ammunition in stores across the United States, in response to the mass shootings in Texas last month that killed several people.
U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining sharply as trade tensions weighed on business confidence, raising financial market fears of a recession.