 | | | | Oil prices fell to their lowest in two weeks on Tuesday on expectations OPEC+ producers will ease supply curbs at their meeting later this week as economies start to recover from the coronavirus crisis. | | | | | | (Thsi March 1 story corrects spelling firm to Vrbo instead of VRBO in first and last and Jeff Hurst's title to president instead of chief executive in first paragraph) | | | | | | Robinhood, the online brokerage used by many retail traders to pile in to heavily shorted stocks like GameStop Corp, has made an ambitious push into loaning out its clients' shares to short sellers as it expands its business. | | | | | | Chipmakers, such as Samsung Electronics, will need a couple of weeks to resume production in Texas after shutdowns caused by severe weather, and customers could face knock-on effects in several months' time, a representative of a trade body said. | | | | | | New York Stock Exchange-owner Intercontinental Exchange Inc said on Tuesday Chief Financial Officer Scott Hill would retire on May 14 and be replaced by Warren Gardiner, the company's head of investor relations. | | | | | | Global equity markets were little changed on Tuesday as Wall Street retreated and investors took stock of gains from Monday's surge, pausing to gauge whether a bond yield jump had run its course. | | | | | | Billionaire hedge fund manager Thomas Sandell has paid $105 million in back taxes and damages to settle charges he defrauded New York state and New York City out of taxes owed on fees he generated in 2017, officials said on Tuesday. | | | | | | Negotiations over Democratic President Joe Biden's $1.9 trillion COVID-19 relief bill go into overdrive this week as the U.S. Senate begins debate over the sweeping legislation and lawmakers jockey to include pet projects such as broadband connectivity. | | | | | | Wall Street ended lower on Tuesday, pulled down by Apple and Tesla, while materials stocks climbed as investors waited for the U.S. Congress to approve another stimulus package. | | | | | | Nordstrom Inc on Tuesday reported better-than-expected revenue for the holiday quarter, aided by a rise in e-commerce sales and growth in its off-price business, Rack. | | | | | |
