 | | | | The Federal Aviation Administration says it agrees with recommendations made by the U.S. Transportation Department's Inspector General that faulted its oversight of Southwest Airlines Co, according to a final report seen by Reuters ahead of its release later this week. | | | | | | Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.S. economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns about the economy's long-term health. | | | | | | Wells Fargo & Co Chief Executive Charles Scharf announced his first major reshuffle on Tuesday, promoting several executives to new roles while also tapping a JPMorgan veteran to head consumer lending. | | | | | | The Federal Trade Commission has issued special orders to Alphabet Inc's Google unit, Amazon.com Inc , Apple Inc , Facebook Inc and Microsoft Corp to provide information on mergers that were too small to report to antitrust regulators, the FTC said on Tuesday. | | | | | | Major U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over by April, an outlook that also helped crude prices gain on hopes of renewed Chinese demand. | | | | | | Samsung Electronics on Tuesday unveiled a square-shaped foldable smartphone, its second try at a novel technology that the Korean cell phone maker hopes will set it apart from rivals Apple Inc and Huawei. | | | | | | Wall Street advanced on Tuesday with the S&P 500 and the Nasdaq on track to score their second consecutive record highs after officials said the deadly coronavirus could be contained by April. | | | | | | Oil prices edged up from 13-month lows on Tuesday as the number of new coronavirus cases slowed in China, easing some concern over the potential for lengthy oil demand destruction. | | | | | | T-Mobile US Inc's edged closer to a takeover of Sprint Corp after a federal judge on Tuesday approved the deal, rejecting a claim by a group of states that said the proposed transaction would violate antitrust laws and raise prices. | | | | | | New York Attorney General Letitia James said Tuesday the state may appeal a court ruling approving a merger between No.3 and No.4 wireless carriers T-Mobile US Inc and Sprint Corp. | | | | | |
