Oil prices extend losses as weak China data compounds U.S.-China trade deal doubts
Oil prices dropped again on Tuesday after falling heavily in the previous session, as weak Chinese economic data for September added to lingering concerns about the feasibility of the U.S.-China trade deal announced by President Trump late last week.
Stocks make cautious gains ahead of key Brexit summit
Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.
Barneys nears bankruptcy deal with Authentic Brands, Saks owner: sources
U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores, people familiar with the matter said on Mon…
UAW calls Thursday meeting to update union leaders on GM strike talks: sources
The union representing the 48,000 workers who have been striking General Motors Co for about a month have scheduled a meeting on Thursday to update the leaders of the various union locals from around the country on the status of the talks, several peop…
Exclusive: No choice but to invest in oil, Shell CEO says
Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said.
SoftBank’s Claure announces investment in Mexican startup Kavak
Japan’s SoftBank will invest in Mexican used car platform Kavak, the group’s chief operating officer Marcelo Claure said on Monday, adding to SoftBank’s growing portfolio in Latin America.
Facebook’s Libra announces board as support shrinks further
Backers of Facebook Inc’s Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in the day.
Southwest pilots say 737 MAX return may be delayed beyond Boeing’s fourth quarter goal
Southwest Airlines pilots predicted on Monday that the grounded Boeing 737 MAX airplane will return to the skies around February, weeks later than Boeing and airlines have projected.
In new headache, WeWork says it found cancer-causing chemical in its phone booths
Cash-strapped WeWork, the office-sharing company that is trying to negotiate a financial lifeline, has a new problem that may prove costly. It has closed about 2,300 phone booths at some of its 223 sites in the United States and Canada after it says it…
House panel ‘strongly’ urges Uber, Lyft to take part in hearing
Uber Technologies Inc and Lyft have declined to appear at a hearing on Wednesday on ride-hailing industry issues, the chairman of the U.S. House of Representatives panel said, urging them to reconsider.
