S&P 500 ends flat in volatile trade ahead of Fed meeting
The S&P 500 ended little changed in a choppy trading session on Tuesday as the possibility of a partial government shutdown added to investors’ jitters ahead of a highly anticipated meeting of the Federal Reserve.
Global stocks fall ahead of Fed news; oil prices drop
Global equity markets turned lower late on Tuesday as nervous investors awaited indications whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.
Treasury’s Mnuchin says expects January trade talks with China: Bloomberg
The United States and China are planning to hold meetings in January to “document an agreement” on trade, U.S. Treasury Secretary Steven Mnuchin told Bloomberg in an interview on Tuesday.
U.S. agency to speed reviews of automaker self-driving petitions
The U.S. auto safety regulator said on Tuesday it is speeding up the process for reviewing whether automakers can deploy self-driving vehicles without devices such as brakes and steering wheels.
Exxon Mobil opposes weakening Obama-era emissions rules: letter to EPA
Exxon Mobil Corp sent a letter to the U.S. Environmental Protection Agency in support of methane gas emission rules put in place under the Obama administration, according to a copy of the letter seen by Reuters.
Glencore’s Katanga pays $22 million to settle Canada regulator probe
Glencore-controlled Katanga Mining Ltd said on Tuesday it agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures of its finances and activities in the Democratic Republic of Congo.
Kinder Morgan faces proposed class action lawsuit on pipeline
Kinder Morgan is facing a proposed class action lawsuit, claiming that a division of the pipeline operator has emitted chemicals and toxic gas that caused damage to property and killed animals.
Yelp loses bid to intervene in Google antitrust challenge
U.S. search and advertising company Yelp has lost its bid to intervene in Google’s challenge against a 2.4 billion euro ($2.7 billion) EU antitrust fine after an EU court said it had no direct interest in the case.
Exxon Mobil opposes weakening Obama-era emissions rules in letter to EPA
Exxon Mobil Corp filed a letter with the U.S. Environmental Protection Agency on Monday in support of methane gas emission rules put in place under the Obama administration.
German auto supplier to plead guilty, pay $35 million fine in VW emissions case
German auto supplier IAV Gmbh has agreed to plead guilty and pay a $35 million fine for conspiring to assist Volkswagen AG in its effort to evade U.S. diesel emissions standards, the U.S. Justice Department said on Tuesday.
