U.S. department store operator and fashionista favorite Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, underscoring how even luxury retailers are struggling to freshen their image and compete with online rivals.
Industrial materials maker DuPont is considering the sale of its nutrition and biosciences unit, CNBC said in a tweet on Tuesday, citing a report.
A federal appeals court on Tuesday struck down Google's class-action settlement meant to resolve claims it invaded the privacy of millions of computer users by installing "cookies" in their browsers, but paying those users nothing for their troubles.
Canadian Securities Exchange | Richard Carleton | Aug 6, 2019 In the financial space, “uncertainty” is traditionally associated with a four letter word: risk. When given the option, most investors and financiers prefer to avoid uncertainty, not wade directly into it. However, when it comes to innovation and pursuing new industries, the Canadian Securities Exchange
World stock markets were mixed on Tuesday, with Wall Street making modest gains after China's central bank stepped in to stabilize the yuan, soothing fears a protracted trade spat between the U.S. and China would spill over into a currency war as well.
U.S. stocks rose on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in the long-drawn trade war, a day after Wall Street suffered their sharpest one-day percentage drops of the year.
Members of TIGER 21, an investment group of high-net-worth individuals, backed off on stock holdings during the second quarter.
Ongoing trade tensions with China have many worried that the U.S. economy could be headed toward a recession. Here's how to adjust your plans before those fears become a reality.
Drug wholesalers AmerisourceBergen Corp , McKesson Corp and Cardinal Health Inc have proposed a $10 billion settlement for claims that they played a part in the U.S. opioid epidemic, Bloomberg reported on Tuesday, citing people familiar with negotiations.
If you think getting out of stocks now will help you in the long run, this may make you think twice.
U.S. job openings and hiring fell in June, suggesting that demand for labor was cooling in tandem with a slowing economy, which could provide another reason for the Federal Reserve to cut interest rates again next month.
Airbus is poised to open a new assembly line for the A321neo in Toulouse, France, easing a grip on production of the hot-selling jetliner enjoyed by workers in Germany and accelerating an industrial rethink caused by the demise of the much larger A380.
CNBC's Jim Cramer blasts so-called pajama traders after the Dow opened positive on Tuesday following a tumultuous night.
U.S. President Donald Trump on Tuesday vowed to protect American farmers against China by signaling to provide further aid if needed, a day after Chinese firms stopped agricultural purchases and Beijing threatened more tariffs on U.S. farm products.
Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 billion), as both firms look outside their core regions to expand in a recovering global music market.