Amazon picks New York City, Washington D.C. area for new offices
Amazon.com Inc picked America’s financial and political capitals for massive new offices on Tuesday, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, D.C….
Nike hires former Coca-Cola executive as Jordan Brand president
Nike Inc on Tuesday named former Coca-Cola Co executive Craig Williams as president of its sports shoes unit Jordan Brand.
Blue Apron cuts headcount by 4 percent; posts drop in orders
Blue Apron Holdings Inc said on Tuesday it would reduce its headcount by 4 percent, as the meal-kit delivery company focuses on its online business to help reverse six straight quarters of revenue declines.
S&P, Dow lose ground as crude plunge punishes energy stocks
The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks.
Oil plummets on global demand concerns; U.S. stocks end lower
Oil prices plunged 7 percent on Tuesday on persistent concerns of oversupply and weakening global demand, causing Wall Street stocks to reverse early gains that were driven by the resumption of trade talks between the United States and China.
German officials sound China alarm as 5G auctions loom
Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security.
Juul Labs to pull sweet e-cig flavors to curb youth use
Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products.
Oil slumps 7 percent to one-year low as rout extends to 12 days
Oil’s slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply.
Wall Street gives up early gains as energy weighs on stocks
Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks.
Oil plummets on global demand concerns; U.S. stocks turn lower
Wall Street stock prices shed earlier gains on Tuesday while oil prices plunged on persistent concerns of weakening global demand.
