August 27, 2019

Papa John’s hires Arby’s head as CEO to turnaround struggling pizza chain

Papa John’s International Inc on Tuesday named Arby’s Restaurant Group Inc President Rob Lynch as its chief executive officer, replacing Steve Ritchie barely 19 months after […]
August 27, 2019

Trade optimism pushes Wall Street higher

Wall Street’s main indexes rose for the second straight session on Tuesday, supported by broad-based gains as investors pinned their hopes on a resolution to the […]
August 27, 2019

Philip Morris in talks to reunite with Altria

Philip Morris International Inc and Altria Group Inc are in talks for an all-stock merger, potentially reuniting the tobacco giants after more than a decade in […]
August 27, 2019

Thiel’s Founders Fund sells remaining Facebook shares

Early Facebook Inc backer, Founders Fund, has sold all of its holdings in the social media giant as part of a previously established trading plan by […]
August 27, 2019

JPMorgan considers sale of $1 billion AARP credit-card portfolio: Bloomberg

JPMorgan Chase & Co is looking to sell the credit-card portfolio it built through a partnership with the nonprofit AARP, Bloomberg reported on Tuesday, citing people […]
August 27, 2019

Oil up 1% as hopes grow for U.S.-China trade breakthrough

Oil prices rose more than 1% on Tuesday after U.S. President Donald Trump predicted a trade deal with China following positive comments by Beijing, calming concerns […]
August 27, 2019

Prosecutors raid Deutsche Boerse offices over share-trading scam

Public prosecutors on Tuesday raided offices of German exchange operator Deutsche Boerse as part of a broader investigation into a fraudulent share-trading scheme, Cologne public prosecutor’s […]
August 27, 2019

Smucker cuts full-year targets after first-quarter earnings disappoint

J. M. Smucker Co on Tuesday cut its full-year earnings forecast and missed Wall Street estimates for quarterly profit and sales, blaming competition in the pet […]
August 27, 2019

World shares gain on flickering trade hopes

World shares gained on Tuesday as some investors held out hopes for a trade deal between the United States and China, even though they continued to […]
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