August 27, 2019

SEC fines audit firm RSM $950,000 to settle independence violation claim

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 […]
August 27, 2019

Wall Street slips as financials fall, trade hopes flicker

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 […]
August 27, 2019

Philip Morris in merger talks with Altria; e-cigs at stake

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 […]
August 27, 2019

Qualcomm targets Wi-Fi market in push to expand beyond phones

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 […]
August 27, 2019

U.S. consumer confidence falls but only slightly despite trade fight

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 […]
August 27, 2019

U.S. appeals court revives aluminum antitrust cases vs Goldman, JPMorgan, Glencore

A federal appeals court on Tuesday revived lawsuits by aluminum purchasers that accused Goldman Sachs , JPMorgan Chase , mining company Glencore and other companies of […]
August 27, 2019

U.S. stocks lose steam as hopes waver for U.S.-China trade deal

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 […]
August 27, 2019

Pentagon in talks with Australia on rare earths plant: official

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 […]
August 27, 2019

Oil turns lower as stock market weakens on trade deal uncertainty

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 […]
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