Sears to ask bankruptcy judge for approval to liquidate: sources
Sears Holdings Corp will ask a bankruptcy judge on Tuesday if it can proceed with liquidation after it could not reach an agreement on Chairman Edward Lampert’s $4.4 billion takeover bid, people familiar with the matter said, potentially spelling the e…
Exclusive: New documents link Huawei to suspected front companies in Iran, Syria
The U.S. case against the chief financial officer of China’s Huawei Technologies, who was arrested in Canada last month, centers on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the ot…
Wall Street gains for third day on signs of trade talk progress
U.S. stocks rose on Tuesday, as industrial stocks and Amazon helped extend Wall Street’s rebound for a third day on rising hopes of progress in U.S.-China trade talks.
U.S.-China trade talks to continue for third day: U.S. official
The United States and China will continue trade talks in Beijing for an unscheduled third day, a member of the U.S. delegation said on Tuesday, as the world’s two largest economies looked to resolve their bitter trade dispute.
U.S. delegation member says trade talks with China to continue Wednesday
Trade talks between the United States and China will continue on Wednesday, U.S. delegation member Steven Winberg said on Tuesday, as the world’s two largest economies seek to resolve a bitter trade dispute.
Monsanto patent victory seen as a boost for biotech investment in India
India’s Supreme Court ruled on Tuesday that Monsanto can claim patents on its genetically modified (GM) cotton seeds, a victory for the U.S. company that is expected to encourage biotechnology firms to step up investment in the country.
MetLife names Khalaf CEO, Kandarian to retire
MetLife Inc on Tuesday named insider Michel Khalaf as its new chief executive officer to succeed Steven Kandarian, who held the position for eight years and helped the company ride through intense regulatory oversight in the wake of the financial cris…
Forest fire insurance costs soar
Forest fires are becoming increasingly likely because of climate change and costing insurers more than ever, with the deadly fire that ravaged northern California the single most expensive natural disaster in 2018, Munich Re said on Tuesday.
PG&E falls further after S&P cuts credit rating to junk
PG&E Corp’s shares fell 14 percent on Tuesday, after S&P Global stripped the California power company of its investment-grade credit rating in the face of massive claims stemming from deadly wildfires.
Wall Street opens higher on trade deal optimism
U.S. stocks opened higher on Tuesday, lifted by hopes that the United States and China would strike a deal to end their months-long trade war that has battered financial markets.
