General Motors Co said on Tuesday it plans to cut 50 jobs at a suburban Detroit lithium-ion battery assembly plant after the largest U.S. automaker announced last month it will end production of its plug-in hybrid Chevrolet Volt in 2019.
Oil prices tumbled on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output hitting a market that may see weaker demand if global growth deteriorates as many expect.
Facebook Inc’s Chief Operating Officer Sheryl Sandberg said on Tuesday the company needs to step up its efforts to curb misinformation after research revealed that Russia-backed organizations targeted African-Americans, who favored Hillary Clinton, to suppress voter turnout during the 2016 election.
World stock markets inched higher on Tuesday as investors looked ahead to whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.
Wall Street rose on Tuesday, helped by technology stocks, upbeat earnings reports and a rebound in few bellwether stocks, while investors awaited clues on the Federal Reserve’s path for future rate hikes.
Elon Musk’s rocket company SpaceX Corp is set to raise $500 million at a $30.5 billion valuation, the Wall Street Journal reported on Tuesday, citing people familiar with the fundraising.
Elon Musk’s rocket company SpaceX Corp is set to raise $500 million at a $30.5 billion valuation, the Wall Street Journal reported on Tuesday, citing people familiar with the fundraising.
Oil prices fell on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets as the outlook for global growth deteriorated.
Volkswagen may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday.
U.S. stocks opened higher on Tuesday boosted by technology shares, as investors wait for clues on the Federal Reserve’s path for future rate hikes.
Wall Street was set to open higher on Tuesday, after a 2-percent fall in the prior session, boosted by some strong earnings and a bounce in certain bellwether stocks as investors wait for clues on the Federal Reserve’s path for future rate hikes.
U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank prepared to start its two-day policy meeting, warning the Fed’s board not to “make yet another mistake” ahead of an expected interest rate hike.
U.S. stock index futures climbed on Tuesday, following a rocky start to the week, as investors focus on a two-day meeting where the Federal Reserve is expected to raise interest rates for the fourth time this year and signal the path of future rate hikes.
World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year.
U.S. supermarket chain Kroger Co said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
