U.S. new home sales at seven-month high; services sector picks up
Sales of new U.S. single-family homes rose to a seven-month high in December, but November’s outsized jump was revised lower, pointing to continued weakness in the housing market.
Retail stocks set to bypass tariff woes but face aftershock risk
Shares of U.S. retail and consumer goods companies appear set to emerge largely unscathed from the trade dispute between the United States and China.
Wall Street ekes out gains after retail earnings; trade in focus
U.S. stocks eked out modest gains on Tuesday on the back of upbeat quarterly reports from retailers and in anticipation of a U.S.-China trade deal as early as this month end.
Delta plans fleet overhaul, considering Alitalia investment
Delta Air Lines is planning to replace one-third of its mainline fleet in the next five years and looks to grow internationally but has yet to decide whether or not to invest in struggling Italian carrier Alitalia, Chief Executive Ed Bastian said on Tu…
Oil prices flat; focus on OPEC-led output cuts, Libya oilfield
Oil prices hovered near flat on Tuesday as the market balanced OPEC-led efforts to tighten crude supply with the restart of Libya’s biggest oilfield and the prospect of weaker demand.
Papa John’s founder Schnatter to exit board in settlement
Papa John’s founder John Schnatter is leaving its board of directors as part of a settlement resolving a bitter dispute for control of the world’s third-largest pizza chain.
Stocks stall but dollar strengthens as China cuts growth target
A gauge of world stock markets dipped on Tuesday but held near five-month highs as China cut its growth targets to a 30-year low but added more stimulus, while strong U.S. economic data put the dollar on track to notch its fifth straight day of gains.
T-Mobile spent $195,000 at Trump Hotel in D.C. since merger announcement
T-Mobile Us Inc’s chief executive, John Legere, and other company leaders have spent $195,000 on hotel stays and other expenses at the Trump International Hotel in Washington since the company sought approval for a $26 billion merger with Sprint last A…
T-Mobile spent $195,000 at Trump Hotel in D.C. since merger announcement
T-Mobile Us Inc’s chief executive, John Legere, and other company leaders have spent $195,000 on hotel stays and other expenses at the Trump International Hotel in Washington since the company sought approval for a $26 billion merger with Sprint last A…
Delta plans big fleet overhaul while still considering Alitalia
Delta Air Lines is planning to replace one-third of its mainline fleet in the next five years, while still deciding whether or not to invest in struggling Italian carrier Alitalia, Chief Executive Ed Bastian said on Tuesday.
