Wall Street set to open slightly lower as Fed policy meeting looms
Wall Street was set to open slightly lower on Tuesday as investors stayed away from making big bets ahead of the Federal Reserve’s two-day policy meeting, where it is widely expected to cut interest rates.
Chipotle adds new menu item nationwide, first time in three years
Chipotle Mexican Grill Inc said on Tuesday it would add a new item to its menu nationwide for the first time in three years, as the Mexican food chain looks to drive sales in a crowded U.S restaurant market.
Size matters. Big U.S. farms get even bigger amid China trade war
(This September 17 story corrects to “441 acres” (not “441 million”) in paragraph 10)
Oil sheds gains, stocks dip as Fed comes into focus
Oil shed some of its gains on Tuesday as the United States raised the possibility of releasing crude reserves, while stocks inched lower as investors waited for this week’s Federal Reserve meeting.
AB InBev braves HK turmoil with second Asia IPO attempt, seeking up to $6.6 billion
Anheuser-Busch InBev NV will kick off a second attempt to spin off its Asian business in Hong Kong with the launch on Wednesday of an IPO worth up to $6.6 billion that could be the world’s second largest this year.
WeWork delays IPO after frosty investor response
WeWork owner The We Company has postponed its initial public offering (IPO), walking away from preparations to launch it this month after a lackluster response from investors to its plans.
Oxycontin maker Purdue begins bankruptcy in push to settle opioid lawsuits
Oxycontin maker Purdue Pharma LP on Tuesday told a bankruptcy judge it hopes to broaden support for a proposed settlement of 2,600 lawsuits alleging it fueled the U.S. opioid crisis, but opponents of the deal highlighted looming legal battles.
Saudi Aramco pursues IPO planning despite attack damage doubts
Saudi Aramco is pressing on this week with banker meetings about its planned listing, three sources said, although some investors and analysts doubt it can now meet its timeline after the weekend attacks on its oil facilities.
AB Inbev launches second Asia IPO attempt, targets up to $6.6 billion
Anheuser-Busch InBev NV will kick off a second attempt to spin off its Asian business in Hong Kong with the launch on Wednesday of an IPO worth up to $6.6 billion that could be the world’s second largest flotation this year.
Oil slips as market assesses fallout from Saudi attack
Oil prices declined on Tuesday but the market was on tenterhooks over the threat of retaliation for attacks on Saudi Arabian crude oil facilities that halved the kingdom’s output and prompted a price spike not seen in decades.
