Microsoft Corp on Tuesday "emphatically" denied a suggestion in a recent letter from the U.S. Department of Labor that its recent initiative to spend $150 million on diversity and inclusion measures amounted to illegal race discrimination.
A U.S. House of Representatives panel looking into abuses of market power by four of the biggest technology companies found they used "killer acquisitions" to smite rivals, charged exorbitant fees, and forced small businesses into "oppressive" contracts in the name of profit.
Royal Caribbean Cruises Ltd has extended suspension of sailings until Nov. 30, excluding those originating from Hong Kong, the U.S. cruise operator said on Tuesday, as the COVID-19 crisis hurts demand for voyages.
U.S. stocks ended down more than 1% on Tuesday after President Donald Trump said he was calling off negotiations with Democratic lawmakers on coronavirus relief legislation until after the election.
Shares of major airlines fell on Tuesday after U.S. President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional coronavirus relief funds.
U.S. President Donald Trump on Tuesday called off negotiations with Democratic lawmakers on coronavirus relief legislation until after the election, even as cases of the virus are on the rise across much of the country before flu season.
U.S. Senate Republican Majority Leader Mitch McConnell said on Tuesday he agreed with President Donald Trump's decision to pull the plug on negotiations on a new coronavirus relief bill.
Apple Inc said on Tuesday it would hold a special event on Oct. 13, which most analysts believe will be used to unveil new iPhones with 5G capabilities.
Levi Strauss & Co posted a surprise profit and beat revenue estimates on Tuesday as consumers shopped more on the denim maker's website and app during the COVID-19 pandemic, sending its shares up 13% after the bell.
Wall Street took a nosedive late in the session on Tuesday, reversing solid gains to close deep in negative territory after President Donald Trump announced he was calling off talks on coronavirus relief legislation until after the Nov. 3 election.
A cadre of Wall Street banks just helped Academy Sports go public, unfazed by the U.S. retailer's sales of firearms. They're not breaking any rules, but it sits uneasily with top executives' claims to take environmental, social and governance issues seriously, John Foley argues.
Orders for German-made goods rose 4.5% in August, more than expected, boosting hopes for a robust third-quarter in Europe's largest economy after the coronavirus shock. Julian Satterthwaite reports
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