U.S. stocks were down sharply in volatile trading on Tuesday as a push by some Democrats for the impeachment of U.S. President Donald Trump gained momentum.
WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank Group Corp and other shareholders turned on him over a plunge in the U.S. office-sharing start-up's estimated valuation.
The price of WeWork's 7.875% junk bond <96208LAA9=> bounced in choppy trading after co-founder Adam Neumann agreed to resign as chief executive of the U.S. office-sharing company, people familiar with the matter told Reuters on Tuesday.
Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks on Saudi Arabia's key oil facilities, after U.S. President Donald Trump rekindled fears the Sino-American trade conflict that has crimped energy demand is far from over.
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued Canada abused its immigration processes to gather evidence against her, a claim the government says is without an "air of reality."
Saudi Arabia is considering doubling the stake to be offered in oil giant Saudi Aramco's much awaited initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
A key borrowing cost for Wall Street remained elevated on Tuesday near the end of the quarter even after the Federal Reserve injected $30 billion in longer-term cash into the U.S. banking system a week after turmoil in money markets.
Harley-Davidson Inc said on Tuesday it would invest as much as $1.6 billion over the next four years to turn around its business, raising concerns about its earnings and sending its shares lower.
Smith & Wesson parent American Outdoor Brands Corp failed to win a majority of shareholder support for its executive pay, according to a transcript of the gunmaker's annual meeting held on Tuesday.
A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV on charges he lied to regulators about diesel emissions, alleging the deception continued even after a scandal over cheating on government environmental tests had engulfed rival Volkswagen AG .
The Supreme Court slapped down Prime Minister Boris Johnson, declaring unlawful and void his shutdown of parliament in the runup to the Oct. 31 deadline for leaving the EU. The unanimous decision was dramatic, but Peter Thal Larsen says it doesn't much change the Brexit picture.
German prosecutors are pressing criminal charges against the CEO, chairman, and a former CEO of Volkswagen, saying they intentionally delayed telling investors about the carmaker's cheating of U.S diesel emissions tests. David Pollard reports.
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