Wall Street slides as U.S.-China trade fears rise
U.S. stocks slid on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets.
Lyft revenue tops expectations in first results as public company but growth seen slowing
Lyft Inc’s quarterly revenue rose 95% and topped market expectations on Tuesday as the ride-sharing company reported its first results after going public, days before rival Uber plans its own IPO.
Match Group quarterly revenue beats on higher Tinder subscribers
Match Group beat quarterly revenue estimates on Tuesday, as it added more subscribers to its popular dating app, Tinder.
Nestle switches delivery model for some U.S. frozen foods, cuts 4,000 jobs
Nestle, the world’s largest packaged food company, said it plans to abandon direct-store delivery of frozen pizza and ice cream in the United States, a move that will cut 4,000 jobs.
Wall Street extends decline as China trade worries mount
U.S. stocks tumbled more than 2 percent on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and kept investors away from riskier assets.
Sleepy equity options jolted by renewed U.S.-China trade tensions
Months of calm in U.S. stocks gave way to a surge in activity in the options market on Tuesday as investors spooked by escalating trade tensions between the United States and China boosted Wall Street’s so-called fear gauge to the highest level in thre…
Facebook executive meeting with lawmakers ahead of FTC settlement
Facebook Chief Operating Officer Sheryl Sandberg was meeting with U.S. lawmakers on Capitol Hill on Tuesday ahead of an expected settlement with the Federal Trade Commission, a spokesman for Senator Jerry Moran said.
Ford plans to take medical transport venture nationwide
Ford Motor Co plans to expand its GoRide medical transportation service to 40 cities nationwide over the next four years, moving into Ohio and Florida this year and other large states by 2020, the company said on Tuesday.
FAA convenes multi-agency board to review Boeing software fix
The Federal Aviation Administration said on Tuesday it had convened a multi-agency Technical Advisory Board to review Boeing’s proposed software fix on the grounded 737 MAX.
Nestle, rivals vie for big baby formula prize in China’s smaller cities
Nestle plans to launch a new line of baby formula in China this year under an existing brand, targeted at smaller cities, as the world’s largest packaged food company tries to lengthen its lead in the world’s biggest baby milk market.
