 | | | | Shares in Spirit AeroSystems Holdings Inc tumbled 13% on Tuesday after the key Boeing Co supplier warned it was seeking relief from its lenders due to Boeing's move to reduce parts shipments substantially this year. | | | | | | Oil futures slipped on Tuesday as the market braced for reports expected to show swelling U.S. crude inventories, which pulled prices back off the highest levels since before the coronavirus pandemic slammed fuel demand. | | | | | | Wall Street's three major indexes closed higher on Tuesday as improving economic data and the prospect of more stimulus bolstered hopes of a swift recovery, while a jump in technology shares powered the Nasdaq to another record high. | | | | | | Dell Technologies Inc is considering spinning off its roughly $50 billion stake in cloud computing software maker VMware Inc , the Wall Street Journal reported on Tuesday. | | | | | | The dollar eased and global equity markets surged on Tuesday after reassurances on the U.S.-Sino trade deal and upbeat economic data from the United States and Europe brightened the prospect of a swift economic recovery. | | | | | | U.S. Justice Department officials and some state attorneys general are set to meet on Friday to discuss ongoing antitrust probes into Alphabet Inc's Google unit, a person briefed on the matter said. | | | | | | A Missouri appeals court on Tuesday rejected Johnson & Johnson's bid to throw out a jury verdict in favor of women who blamed their ovarian cancer on its baby powder and other talc products, but reduced damages by more than half, to $2.12 billion. | | | | | | U.S. Treasury Secretary Steven Mnuchin said on Tuesday that a decoupling of the U.S. and Chinese economies will result if U.S. companies are not allowed to compete on a fair and level basis in China's economy. | | | | | | Microsoft Corp on Tuesday set a five-year diversity goal to address racial inequality at its offices, following protests over police brutality against African Americans in the United States. | | | | | | A federal judge in Detroit on Tuesday ordered the chief executives of automakers General Motors Co and Fiat Chrysler Automobiles NV (FCA) to meet by July 1 to try to resolve GM's racketeering lawsuit. | | | | | | President Donald Trump temporarily suspended the entry into the United States of certain foreign workers on Monday despite strong opposition from business groups, including major tech companies. | | | | | |
