Oil prices on Tuesday jumped by the most so far this year after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled the market in recent months.
U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some Chinese products, easing concerns that a protracted trade war would harm global growth.
More than two months before CBS Corp and Viacom Inc succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger.
Colgate-Palmolive Co is warning Venezuelans not buy fake versions of its toothpaste brands, leading local authorities to issue a health warning, as demand for imported products in Venezuela's dysfunctional economy encourages the spread of knock-off goods.
The chances of a violent event while you're outside are high enough that a new insurance product has emerged: active shooter coverage.
President Donald Trump on Tuesday backed off his plan to impose 10% tariffs on remaining Chinese imports on Sept. 1, delaying duties on cellphones, laptops and many other consumer goods in the hopes of blunting their impact on U.S. holiday sales.
Ryanair's directly employed pilots in Ireland agreed to attend mediated talks starting on Wednesday to avert a strike their trade union said would go ahead next week if the airline does not properly address a pay claim.
Brick & Mortar Ventures, a venture capital fund founded by a scion of family-run Bechtel Corp, said on Tuesday it had raised $97.2 million from leading construction-related companies as builders turn to 3D printing and other software to cut costs and boost productivity.
Apple Inc's AirPods, Apple Watch and HomePod, which have helped the company to offset waning sales of its bestselling iPhone this year, are not included in a temporary reprieve on tariffs by the Trump administration and will face a 10% levy on Sept 1.
Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
Snap Inc said Tuesday it will launch a new version of its Spectacles sunglasses that will have the capability of capturing photos and videos and uploading them directly to its unit Snapchat.
Fidelity Investments' courtroom battle with the IRS over disallowed tax credits drew to a close on Tuesday when lawyers clashed over whether the mutual fund giant was a bonafide partner in the production of chemically treated coal.
Some consumer electronics items spared from previous U.S. tariffs on Chinese goods, including smart watches, fitness trackers, smart speakers and Bluetooth headphones, were not given a reprieve by the Trump administration's delays in some tariffs on Tuesday.
U.S. consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations that the Federal Reserve will cut interest rates again next month amid worsening trade tensions.
CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire after 13 years apart.