U.S. manufacturing sector stabilizing, challenges remain
New orders for key U.S.-made capital goods slipped in February and shipments were unchanged, but data for January was revised slightly higher, which could support views that the manufacturing sector was stabilizing.
Massachusetts says Wynn Resorts executives concealed sexual misconduct accusations involving Steve Wynn
Massachusetts gaming regulators on Tuesday released an investigative report concluding that former executives of Wynn Resorts Ltd concealed sexual misconduct allegations against the casino operator’s billionaire founder, Steve Wynn.
Oil hits 2019 high on signs of tighter supply; Brent eyes $70 a barrel
Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.
Fiat Chrysler Canada’s auto sales fall 11 percent in March
Fiat Chrysler Automobiles NV on Tuesday reported an 11 percent fall in total March sales in Canada.
EU has no major concerns in Germany over Vodafone-Liberty deal: sources
The European Union has not raised any major concerns about the impact on Germany’s cable market of Vodafone buying Liberty Global’s assets, sources with direct knowledge of the matter said on Tuesday, improving the chances of the deal going ahead.
Bitcoin jumps 20 percent, mystery order seen as catalyst
Bitcoin soared to its highest in almost five months on Tuesday, pulling smaller cryptocurrencies up with it, after a major order by an anonymous buyer set off a frenzy of computer-driven trading, analysts said.
GM U.S. new vehicle sales fall 7 percent in first quarter
General Motors Co on Tuesday reported a 7 percent fall in U.S. new vehicle sales for the first quarter, hit by declines in passenger car sales.
Wall Street takes a breather, Walgreens slumps on profit warning
A three-day surge in U.S. stocks stalled on Tuesday, as a profit warning from drugstore chain Walgreens Boots hit the pharma sector, while investors looked for signs of strength in the economy in the wake of growth worries.
Bayer board says pursuit of Monsanto was done diligently
Bayer’s non-executive board reaffirmed its support for top management’s decision to acquire seed maker Monsanto last year, after losing high-profile lawsuits to U.S. plaintiffs who claimed Monsanto’s Roundup weedkiller caused their cancer.
Founder of Britain’s Superdry wins investor backing for board return
The co-founder and former boss of Superdry, Julian Dunkerton, returned to the board and was appointed interim CEO on Tuesday after winning the backing of shareholders keen for a revival of the British fashion group’s fortunes.
