Match forecasts fourth-quarter revenue below estimates, shares fall
Tinder-owner Match Group Inc forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading.
S&P 500 retreats slightly after recent record
The benchmark S&P 500 edged lower on Tuesday, as investors paused in the wake of a rally buoyed by hopes of a trade deal between the United States and China that sent the three main U.S. stock indexes to record highs in the previous session.
Pioneer Natural CEO calls out shale industry for Permian Basin gas flaring
The chief executive of Pioneer Natural Resources , Scott Sheffield, on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.
Global stocks edge higher; oil, dollar gain on trade hopes
The U.S. dollar and crude prices rose on Tuesday, spurred by continuing optimism a U.S.-China trade deal may be near, while a rally in global equity markets edged higher after China pressed U.S. President Donald Trump to remove recently imposed tariffs…
Uber test vehicles involved in 37 crashes before fatal self-driving incident
Uber Technologies Inc’s autonomous test vehicles were involved in 37 crashes in the 18 months before a fatal March 2018 self-driving car accident, the National Transportation Safety Board (NTSB) said on Tuesday.
Factbox: How to fix WeWork: rivals say what they would do
Office sharing company WeWork is being rescued by its largest shareholder, SoftBank Group Corp , with a $9.5 billion injection of funds but it still faces a very difficult road to survival given its large losses, and property lease liabilities.
WeWork still on life support, rivals say it must cut costs fast
SoftBank may be rescuing WeWork with a $9.5 billion cash injection but most rivals say they believe the office space sharing company is still in critical condition.
Italian government, ArcelorMittal dig in over Ilva row
Italian Prime Minister Giuseppe Conte said on Tuesday he would not allow ArcelorMittal to pull out of its acquisition of troubled steel plant Ilva, as the threat of huge job losses piled pressure on the government.
S&P 500 index holds steady after run to record
The benchmark S&P 500 was little changed on Tuesday, pausing after growing expectations of a trade deal between the United States and China helped boost the three main U.S. stock indexes to record highs in the previous session.
Shale CEO calls out industry for Permian Basin gas flaring
Pioneer Natural Resources Chief Executive Scott Sheffield on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.
