February 19, 2019

Ford’s truck exit from South America to cost 2,700 jobs

Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America in a plant closing that could cost more than […]
February 19, 2019

Trump says March 1 deadline for China trade talks not ‘magical’ date

U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to […]
February 19, 2019

Wall Street ekes out gains on upbeat Walmart results

U.S. stocks gained modestly on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed. Powered by WPeMatico
February 19, 2019

Honeywell-Pratt venture protests GE’s Army helicopter contract

A joint venture of Honeywell International Inc and Pratt & Whitney on Tuesday protested the U.S. Army’s decision to award General Electric Co a $517 million […]
February 19, 2019

U.S., McKinsey & Co reach $15 million settlement over bankruptcy case disclosures

The United States and McKinsey & Company have reached a $15 million settlement over allegations that the global consulting company did not make proper disclosures in […]
February 19, 2019

Allergan should explore selling itself: Appaloosa’s Tepper

Billionaire hedge fund manager David Tepper stepped up pressure on Allergan Plc, saying on Tuesday the drugmaker should consider selling itself if management is unable to […]
February 19, 2019

Oil lingers around 2019 highs but demand worries weigh

Oil steadied on Tuesday after hitting 2019 highs as concerns about global crude oil demand, coupled with uncertainty over the latest round of U.S.-China trade talks, […]
February 19, 2019

Gold hits 10-month peak on hopes for U.S.-China trade talks

Gold prices surged to a 10-month high on Tuesday, as the U.S. dollar weakened, on optimism for a breakthrough in U.S.-China trade talks, with bullion also […]
February 19, 2019

Strong U.S. economy boosts Walmart holiday-quarter sales, shares gain

A strong U.S. economy boosted Walmart Inc’s holiday-quarter sales growth to the best in a decade, lifted by consumer spending in key categories like groceries and […]
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