The U.S. Department of Justice on Tuesday filed criminal charges accusing Anthony Levandowski, a former high-ranking engineer at Alphabet Inc , of stealing the company's self-driving car technology before joining rival Uber Technologies Inc .
U.S. consumer confidence fell less than expected in August, with households still upbeat about the labor market despite an escalation in trade tensions, which has cast a shadow over the longest economic expansion in history.
Qualcomm Inc on Tuesday announced a new range of Wi-Fi chips designed to work with Wi-Fi 6, the newest version of the technology and one that Qualcomm hopes will help boost sales of its separate 5G chips.
Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world's largest tobacco companies in a bid to dominate the fast-growing electronic-cigarette market.
Wall Street slipped on Tuesday hurt by a fall in financial stocks, while revived worries about a U.S. recession overshadowed early optimism of a resolution to the prolonged trade dispute between the world's two largest economies.
The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it fined public accounting firm RSM US LLP $950,000 to settle claims it violated the agency's auditor independence rules.
Oil prices were steady to soft on Tuesday, paring earlier gains along with the stock market lower as China dampened optimism for a trade deal with the United States.
The U.S. Department of Defense is in talks with Australia to host a facility that would process rare earth minerals, part of an effort to reduce reliance on China for the specialized materials used in military equipment, a senior American official said.
After an event at Keene State College in New Hampshire, Democratic presidential candidate Joe Biden sketched out his higher education plan.
Wall Street treaded water on Tuesday, as a drop in financials and renewed concerns about a U.S. recession offset early optimism about hopes of a resolution to the protracted trade war with China.
Equity indexes on Wall Street gave up earlier gains on Tuesday amid uncertainty over the prospects for a U.S.-China trade deal, while demand for U.S. treasuries and precious metals grew, showing an appetite for less-risky investments.
A federal appeals court on Tuesday revived lawsuits by aluminum purchasers that accused Goldman Sachs , JPMorgan Chase , mining company Glencore and other companies of conspiring to drive up prices for the metal by reducing supply.
The Brazil unit of Mercedes Benz, the local market leader in trucks and buses, said on Tuesday it will invest 1.4 billion reais ($340 million) to launch of a new line of trucks as it expects the domestic market to grow in 2020, even if exports could fall.
Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world's largest tobacco companies after more than a decade, in a deal aimed at domination of the fast-growing electronic-cigarette market.
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