Former U.S. interior secretary Zinke joins mine exploration firm’s board
Former U.S. Interior Secretary Ryan Zinke, who stepped down in December amid ethics investigations, has joined the board of junior mining exploration company U.S. Gold Corp, the company said on Tuesday.
Oil up 1 percent as market focuses on supply risks
Oil prices rose 1 percent on Tuesday, as fighting in Libya and falling Venezuelan and Iranian exports raised concerns over tightening global supply, but uncertainty surrounding an OPEC-led production cut limited gains.
Fried chicken vs $13: Apple, Qualcomm explain claims to jury as trial opens
Apple Inc and Qualcomm Inc on Tuesday opened a complex trial with the iPhone maker using a fried chicken analogy to illustrate its claim the chip company is abusing its market power while Qualcomm alleged a years-long plan by Apple to deprive it of b…
FAA panel finds Boeing 737 MAX software upgrade ‘operationally suitable’
A Federal Aviation Administration review board said on Tuesday a software update to the grounded Boeing 737 MAX aircraft was found to be “operationally suitable,” suggesting the lengthy regulatory process to get the planes back in the air was well unde…
Stocks approach new highs but healthcare caps Wall Street gains
Stocks around the globe rose on Tuesday to six-month highs as positive economic data in China and Germany boosted investor sentiment, though concerns about the impact of U.S. policy on the healthcare sector capped gains on Wall Street.
Bank of America warns of slowing growth of net interest
Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations.
ISS urges Boeing to separate chairman and CEO roles
Shareholder advisory firm Institutional Shareholder Services Inc (ISS) has urged Boeing Co to split the role of chairman and chief executive officer, currently held by Dennis Muilenburg.
Wall Street edges higher on generally upbeat earnings
Financial and tech firms gave Wall Street a modest lift on Tuesday following a string of generally positive earnings, with the S&P 500 inching closer to a new all-time high.
White House talking to other possible Fed candidates: Kudlow
The White House is considering other possible candidates for the board of the Federal Reserve although U.S. President Donald Trump still backs his two potential nominees, Herman Cain and Stephen Moore, White House economic adviser Larry Kudlow said on …
Wall Street treads water after mixed earnings; Netflix in focus
U.S. stocks treaded water on Tuesday, as a surge in healthcare companies fizzled out and ahead of earnings reports from other big names including Netflix.
