World stocks rebound, U.S. yields above 15-month lows
Global stock markets broadly rebounded on Tuesday after a two-day swoon while benchmark U.S. Treasury yields steadied above 15-month lows as risk appetite improved after worries of a recession clouded trading since late last week.
Wall Street ends up, financials break five-day losing streak
U.S. stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized above 15-month lows.
U.S. labor unions say NAFTA replacement does not go far enough for workers
U.S. labor officials on Tuesday pressed lawmakers to strengthen enforcement of the provisions of the United States-Mexico-Canada Agreement (USMCA) intended to protect workers, the latest sign the trade deal could face hurdles to passage in the Democrat…
Google launches global council to advise on AI and tech ethics
Alphabet Inc’s Google said on Tuesday it was launching a global advisory council to consider ethical issues around artificial intelligence and other emerging technologies.
Daimler nears deal to sell half its Smart unit to China’s Geely: FT
Daimler AG is nearing the sale of a 50 percent stake in its small-car brand Smart to China’s Geely Automobile Holdings Ltd, the Financial Times said on Tuesday, citing three people familiar with the matter.
U.S. trade judge recommends sales ban on some Apple iPhones
A U.S. trade judge on Tuesday recommended Qualcomm Inc win a sales ban on some Apple Inc iPhone models containing chips made by Intel Corp in one of two patent disputes before the International Trade Commission.
OxyContin maker Purdue reaches $270 million settlement in Oklahoma opioid case
OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company reached a $270 million settlement to resolve a lawsuit brought by the state of Oklahoma accusing the drugmaker of fueling an opioid abuse epidemic.
Toyota sees slower sales growth in South America, Caribbean in 2019: executive
(The 26 March story corrects paragraphs 1 & 2 to reflect forecast of 2.3 pct sales growth to 451,000 vehicles in 2019, not 0.9 pct sales growth to 445,000 vehicles as company had originally reported)
Lufthansa plans to buy either Boeing 737 MAX or Airbus A320neo
Deutsche Lufthansa AG plans to buy a triple-digit number of either Boeing 737 MAX or Airbus A320neo jetliners to replace jets in its fleet, Chief Executive Carsten Spohr said on Tuesday.
U.S. trade judge recommends import ban on some Apple iPhones
A U.S. trade judge on Tuesday recommended Qualcomm Inc be granted a request for an import ban on some iPhones sold by Apple Inc.
