World stocks, oil plunge as global growth prospects dim
World equity markets and oil prices tumbled on Tuesday as investors grew more worried about economic growth prospects, while the U.S. dollar rose on flight to safe-haven currencies.
U.S. judge selects first case in federal Monsanto weed-killer litigation
A U.S. judge overseeing the federal litigation against Bayer AG’s Monsanto unit over glyphosate-based weed-killers allegedly causing cancer on Tuesday selected the first case to be tried in federal court in February 2019.
Exclusive: Chevron granted waiver from U.S. biofuel laws at Utah plant – source
The U.S. Environmental Protection Agency granted oil major Chevron Corp a 2017 hardship waiver from U.S. biofuel laws for its Utah refinery earlier this year, according to a source familiar with the company’s operations.
Instant View: Wall Street indexes close down sharply
U.S. stocks extended their selloff on Tuesday, with the S&P 500 hitting a three-week low, as energy shares dropped with oil prices and retailers including Target and Kohl’s sank after weak earnings and forecasts.
CVS now expects Aetna deal to close after Thanksgiving
CVS Health Corp said on Tuesday that it expects to close its $69 billion purchase of health insurer Aetna Inc after Thursday’s Thanksgiving holiday as two states continue to review the transaction.
U.S. banking sector reports $62 billion profit in third quarter: FDIC
The U.S. banking sector reported $62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, according to quarterly data from the Federal Deposit Insurance Corporation.
Renault taps interim chairman, COO to replace Ghosn: sources
French carmaker Renault’s board named an interim chairman and handed new powers to its chief operating officer to replace embattled boss Carlos Ghosn following his arrest in Japan on suspicion of financial misconduct, sources said.
Retail disappointments, energy decline hit Wall Street
U.S. stocks extended their recent selloff on Tuesday, with the S&P 500 hitting a three-week low, as energy shares dropped with oil prices and retailers including Target and Kohl’s sank after weak earnings and forecasts.
Canada’s Bombardier leads bids for 999-car New Jersey rail deal: sources
Canada’s Bombardier Inc is the front-runner to win a New Jersey Transit (NJT) rail car contract, two sources familiar with the matter said, in a boost for the plane-and-train-maker’s North American business which has wrestled with delivery delays and …
Walmart, Target, Best Buy take steps to curb gift card fraud
Walmart Inc , Target Corp and Best Buy Co have made changes to their gift card programs to reduce the risk of fraud as consumers enter the holiday shopping season.
