Facebook expands ‘Local Alert’ tool in bid to help in emergencies
Facebook announced on Tuesday that it was rolling out a tool that aims to provide users with potentially life-saving information in emergencies, as it seeks to improve its public image and play down its reputation as a network that aids the spread of m…
Oil futures extend gains on larger-than-expected U.S. crude draw
Oil prices rose in volatile trade on Tuesday supported by expectations of a drawdown in U.S. crude inventories, though gains were capped by worries about a recession and uncertainty over a China-U.S. trade deal.
Gold, Treasuries rise as recession, trade fears rattle investors
Declining stocks on Wall Street weighed down a global equities gauge on Tuesday on lingering worries about the U.S.-China trade war, while demand for U.S. Treasuries and precious metals rose on recession fears.
Deutsche Bank says records sought in Trump congressional probe include tax returns
Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include tax returns, the bank disclosed in a court filing on Tuesday.
Wall Street slips as financials drag, trade outlook clouds
Wall Street slipped on Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised U.S. recession worries and uncertainty over any progress in trade negotiations between the United States and China took a toll….
Explainer: Ex-Google engineer faces severe penalties in self-driving trade secrets case
U.S. prosecutors on Tuesday brought a criminal case against a former high-ranking Google engineer, alleging he stole confidential technology from the company’s self-driving car unit before joining rival Uber Technologies Inc .
Fed divided on policy, discount rate votes show
U.S. central bankers may have been more deeply divided than previously understood over the decision last month to cut interest rates for the first time in more than a decade, records from meetings held across the Fed’s 12 regional Fed banks suggest.
BP to quit Alaska after 60 years with $5.6 billion sale to Hilcorp
British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years.
Ex-Google engineer charged with taking stolen self-driving secrets to Uber
The U.S. Department of Justice on Tuesday filed criminal charges accusing Anthony Levandowski, a pioneer in self-driving car technology, of stealing trade secrets from his former employer Google before joining rival Uber Technologies Inc .
U.S. yield inversion deepens, stokes recession fears
The U.S. yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall Street and stoked even more safe-haven demand for government bonds.
