Factbox: Amazon to get billions in breaks for HQ2 development
(The Factbox updated on Nov. 15 corrects to fix total New York City incentive figure to $2.81 billion from $1.525 billion.)
Boeing shares dip on Lion Air crash concerns
Shares of Boeing Co fell on Tuesday on concerns related to last month’s deadly crash of a 737 MAX, the newest version of the planemaker’s best-selling jet, operated by Indonesia’s Lion Air.
Oil slumps 6 percent as rout runs to 12 days on supercharged selling
Oil’s slide accelerated on Tuesday, with U.S. futures dropping to lows not seen in 11 months due to ongoing worries about weakening global demand, oversupply and selloffs across other asset classes, including equities.
Amazon picks New York City, Washington D.C. area for $5 billion new headquarters
Amazon.com Inc picked America’s financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C.
Danske money laundering scandal is ‘tip of iceberg’, whistleblower’s lawyer says
Danske Bank’s 200 billion euro ($225 billion) money laundering scandal might be the “tip of the iceberg” and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said.
Starbucks to lay off 350 global corporate employees
Starbucks Corp is laying off about 350 global corporate employees, Chief Executive Officer Kevin Johnson said on Tuesday in a memo to employees, seen by Reuters.
S&P inches higher on trade hope, oil plunge hammers energy stocks
The S&P 500 edged higher in choppy trading on Tuesday as a bruised technology sector recovered and industrial stocks gained on hopes of a U.S.-China trade deal, but losses in Boeing Co and tumbling energy stocks limited gains on the Dow.
GE speeds plan to raise $4 billion cash, lifts sagging shares
General Electric Co plans to raise $4 billion in needed cash by year end, the company said on Tuesday, speeding its planned sale of a stake in oilfield services unit Baker Hughes .
U.S. settles antitrust charges with six broadcast companies
The U.S. Justice Department has settled antitrust charges with Sinclair Broadcast Group, Tribune Media Co and four other broadcast companies accused of sharing competitively sensitive information with rivals, the department said on Tuesday.
U.S. in China trade talks again, demands ‘change of posture’
U.S. President Donald Trump’s top economic adviser said on Tuesday that the United States welcomed the resumption of talks with China on trade, while Vice President Mike Pence warned Beijing to change its behavior so as to avoid a new cold war with the…
