 | | | | A U.S. bankruptcy judge on Tuesday deferred a ruling on whether to approve or reject a motion by PG&E Corp to pay up to $350 million in bonuses to 10,000 employees after the power producer said the plan excluded senior executives and would help it fight devastating wildfires. | | | | | | Optimism that the United States and China will soon reach a trade deal has helped propel stocks close to new highs, but the decisive factor in whether the bull market runs much further may be this year's corporate earnings. | | | | | | Airbnb said on Tuesday that it would not implement the planned delisting of Israeli settlements in the occupied West Bank, but added that the company would donate proceeds from such bookings to international humanitarian aid organizations. | | | | | | Trade-sensitive industrials dragged Wall Street lower on Tuesday as tensions over tariffs between the United States and its European trading partners went from simmer to boil and the IMF lowered its global growth outlook. | | | | | | Levi Strauss & Co posted a 7 percent rise in quarterly revenue on Tuesday in its first report after returning to public markets, as the jeans maker's strategy of expanding its retail stores and investing in its online business paid off. | | | | | | Airbus dismissed more than 100 people and issued more than 300 warnings for ethics or compliance reasons in 2018, two people familiar with the company data said, as it conducts a wide-ranging internal crackdown and deals with outside fraud probes. | | | | | | The dollar fell and the rally in global equities lost steam on Tuesday as a U.S. threat to slap tariffs on hundreds of European goods and a downgrade by the International Monetary Fund in its global economic growth forecasts dimmed the appetite for risk. | | | | | | Canada is looking at ways to boost the effectiveness of its retaliatory tariffs against the United States, Foreign Minister Chrystia Freeland said on Tuesday, but did not address remarks by a senior official who revealed what Ottawa might do. | | | | | | Shareholders of Swiss bank UBS Group should oppose its compensation report for 2018, proxy adviser Glass Lewis said, citing "pay-for-performance concern". | | | | | | U.S. retirement plan administrator Principal Financial Group said on Tuesday it would buy Wells Fargo & Co's retirement plan services business for $1.2 billion, as it seeks a larger presence in markets serving mid-sized companies. | | | | | |
