 | | | | The benchmark S&P 500 U.S. stock index is now positive for the year, yet most of its components have sat out the rally. | | | | | | Oil prices rose about $1 a barrel on Tuesday, hitting the highest in more than four months with a boost from a European Union stimulus deal and hopeful news about coronavirus vaccine trials. | | | | | | Tapestry Inc Chairman and Chief Executive Officer Jide Zeitlin stepped down on Tuesday amid an investigation into his personal behavior, a source familiar with the matter said. | | | | | | The Senate Banking Committee on Tuesday approved Judy Shelton's nomination to the Federal Reserve Board in a party-line vote, delivering a win for President Donald Trump and his efforts to install a political confidante in a key economic policy-making role. | | | | | | Uber was defending its business model on Tuesday at Britain's Supreme Court in a battle over rights in the workplace that could have ramifications for millions of Britons earning a living in the gig economy. | | | | | | World shares rallied to their highest since February and the euro hit its strongest in 18 months on Tuesday after European Union leaders agreed on a landmark stimulus package to revive regional economies ravaged by the coronavirus. | | | | | | Tesla Chief Executive Elon Musk qualified on Tuesday for a payout worth an unprecedented $2.1 billion, his second jackpot since May from the electric car maker following its massive stock surge. | | | | | | When Tesla Inc reports second-quarter results after the bell on Wednesday, investors will be keen to see whether the electric carmaker has delivered a profit during the global pandemic that has sunk most of its internal combustion rivals deep in red ink. | | | | | | Italy's Benetton family reappointed trusted advisor Gianni Mion as chairman of its holding company Edizione for a three-year term on Tuesday and said it would seek to appoint a chief executive to map out a new strategy for the group. | | | | | | U.S. stocks rose on Tuesday as a rotation into economically sensitive cyclical stocks reflected optimism that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession. | | | | | |
