Lockheed Martin wins $585 million U.S. defense contract: Pentagon
Lockheed Martin Corp has been awarded a $585 million U.S. defense contract for a Homeland Defense Radar in Hawaii, the Pentagon said on Tuesday.
Micron misses sales estimates as chip supply glut hurts prices
U.S. chipmaker Micron Technology Inc on Tuesday missed Wall Street estimates for quarterly revenue, hurt by falling prices for its memory chips due to a supply glut just as both business and consumer demand has become wobbly.
Judge mulls using monitor to oversee CVS during court process
A federal judge said on Tuesday that he was considering using a court-appointed monitor to make sure CVS Health Corp refrains from fully integrating with insurer Aetna while he examines the companies’ settlement with the government.
Yelp, Consumer Watchdog lose Google intervention bid
Search company Yelp and lobby group Consumer Watchdog lost their joint bid to intervene in Google’s challenge of a 2.4 billion euro ($2.7 billion) EU antitrust fine after a court said they had no direct interest in the case.
FedEx cuts 2019 view on European softness, global trade concerns
U.S. package delivery company FedEx Corp on Tuesday lowered its 2019 forecast, citing weakness in Europe and signs that global trade is faltering, sending its shares down 5.1 percent in after-hours trade.
Uber gets approval from Pennsylvania to resume self-driving testing
Uber Technologies Inc received approval from Pennsylvania to resume self-driving car testing on public roads this week, state records show, nine months after it suspended the program following a deadly accident in Arizona.
S&P flat as government shutdown threat, Fed decision loom
The benchmark S&P 500 stock index ended little changed in a choppy trading session on Tuesday as the possibility of a partial U.S. government shutdown raised investor jitters ahead of a highly anticipated meeting of the Federal Reserve.
Stocks dip ahead of Fed news; oil prices drop
Global equity markets dipped on Tuesday as nervous investors awaited indications whether the Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.
China embarks on second round of soy buying post Trump-Xi truce
Chinese importers returned to the U.S. soy market on Tuesday for their second round of purchases since the two countries agreed to a truce in their trade war, four traders with knowledge of the deals and the U.S. Soybean Export Council said.
Citi reorganizes prime brokerage unit
Citigroup Inc is shuffling its prime brokerage business, according to an internal memo seen by Reuters, amid reports that the unit could lose millions on a bad loan to an Asian hedge fund.
