Delta Air growth to slow further in first quarter as shutdown weighs
Delta Air Lines Inc on Tuesday posted a slight beat in fourth-quarter profit but forecast a decline in revenue growth in the first quarter, hit by a partial government shutdown and worries about whether airlines can raise fares in an uncertain global …
U.S. charges hacker, traders for infiltrating SEC database
A Ukrainian computer hacker and several others were charged by U.S. authorities on Tuesday over their alleged roles in a scheme to trade on nonpublic corporate earnings news obtained by infiltrating a U.S. Securities and Exchange Commission database.
Walgreens and Microsoft partner to develop digital healthcare services
Drugstore chain Walgreens Boots Alliance Inc and Microsoft Corp said on Tuesday they have entered a seven-year agreement to research and develop new methods of delivering healthcare services through digital devices.
Netflix leads Wall Street higher; bank earnings disappoint
U.S. stocks rose on Tuesday, as hopes of more stimulus for China’s slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo.
Brighter future for sterling seen if no-deal Brexit is averted
Britain’s plans to leave the European Union could be thrown into disarray by a vote in parliament later on Tuesday but bets are mounting that a chaotic no-deal Brexit can be avoided and that sterling will rise from here.
PG&E plunges for second day after step toward bankruptcy
PG&E Corp’s shares and bonds fell sharply for a second day on Tuesday, as a failure to make interest payments by the California power utility added to investor nerves following the company’s plans to seek Chapter 11 bankruptcy protection.
JPMorgan misses fourth-quarter profit estimates as bond trading slumps
JPMorgan Chase & Co missed profit estimates for the fourth quarter as a slump in bond trading revenue overpowered strong consumer loan growth and record revenues.
French court cancels Monsanto weedkiller permit on safety grounds
A French court canceled the license for one of Monsanto’s glyphosate-based weedkillers on Tuesday over safety concerns, placing an immediate ban on Roundup Pro 360 in the latest legal blow to the Bayer-owned business.
Oil rises 2 percent on supply cuts but global slowdown looms
Oil prices rose around 2 percent on Tuesday amid production cuts by OPEC and Russia as well as signs of lower U.S. oil stocks, but grim Chinese economic data raised fears for global growth.
S&P 500 opens flat as JPMorgan results weigh
The S&P 500 opened little changed on Tuesday, as an early boost from hopes of more Chinese stimulus for the slowing economy faded following poor results from JPMorgan.
