Kroger asks customers to quit openly carrying guns in stores
U.S. grocer Kroger Co has begun asking customers to stop openly carrying firearms in stores, a change in policy, a spokeswoman said on Tuesday.
Exclusive: OxyContin maker prepares ‘free-fall’ bankruptcy as settlement talks stall
OxyContin maker Purdue Pharma LP is preparing to seek bankruptcy protection before the end of the month if it does not reach a settlement with U.S. communities over widespread opioid litigation, three people familiar with the matter said, after some states balked at the company’s $10 billion to $12 billion offer in August to end their lawsuits as part of a negotiated Chapter 11 case.
Tyson cuts profit forecast, says slaughterhouse fire among challenges
Tyson Foods Inc lowered its 2019 adjusted earnings forecast on Tuesday, citing a litany of causes including a recent fire at its Holcomb slaughterhouse and volatility in the commodity market.
Ford finds buyer for Brazil plant, but new owner could cut 1,300 jobs
Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant’s workers.
Factbox: Recent U.S. corporate responses to gun violence
A series of mass shootings in the United States, including one each in Texas and Ohio last month that killed 31 people, once again has revived a national debate on firearms regulation, which in the past has led retailers and other U.S. companies to tig…
Fed’s balance sheet could end up higher than $4 trillion: projections
The U.S. Federal Reserve’s balance sheet could end up between $3.8 trillion and $4.7 trillion by 2025, according to projections collected by the New York Fed.
U.S. Treasury yields drop, stocks slide as global slowdown fears loom
Benchmark 10-year U.S. Treasury yields fell on Tuesday to their lowest since July 2016 and all three major U.S. stock indexes lost ground in a risk-off session driven by heightened trade worries and an unexpected contraction of U.S. factory activity.
Wall Street pushed down by weak data, trade worries
U.S. stocks fell on Tuesday as investors worried about global growth prospects after data showed U.S. factory activity shrank in August for the first time since 2016 and the United States and China imposed new tariffs on each other over the weekend.
Huawei says U.S. enticing, coercing staff to provide company info
China’s Huawei Technologies on Tuesday said the U.S. government had instructed law enforcement to “coerce” and “entice” its employees to turn against the company, as it steps up its pushback against a U.S. campaign that could threaten its survival.
Brazil automaker CAOA signs preliminary agreement to buy Ford plant
Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, which the U.S. automaker will close by year’s end as part of a global restructuring, the companies said on Tuesday.
