Wall St. gains as earnings beat; Turkish lira rebounds
Wall Street stocks advanced and the S&P 500 was on track for its best day in three weeks on Tuesday as a rebound in the Turkish lira eased contagion fears and a string of healthy earnings boosted investor optimism.
Kroger to sell private label products in China through Alibaba
Kroger Co has partnered with Alibaba Group Holding Ltd to sell its private label products on the e-commerce giant’s Tmall platform in China, making its first venture outside the United States.
U.S. hedge funds bet on retail, tech in second-quarter as economy sizzled
Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, regulatory filings showed Tuesday.
Tinder founders sue parent IAC, saying it owes them billions
A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock option…
Tinder founders sue parent IAC, saying it undervalued company
A group of founders, executives and early employees of popular dating app Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued Tinder to avoid paying them billions of dollars.
Wall St. gains on earnings, recovery in bank stocks
U.S. stocks rose in a broad rally on Tuesday after four straight days of losses on a strong set of earnings from retailers and as bank stocks rebounded after the Turkish lira snapped a three-week slide.
Global shares rebound as lira pulls out of nosedive
World share markets rebounded on Tuesday as Turkey’s lira pulled out of a recent nosedive and reassuring data from Germany helped offset the latest wobbles in China’s giant economy.
Uber names Matt Olsen as chief security officer
Uber Technologies Inc [UBER.UL] named Matt Olsen as its chief security officer, the ride hailing company’s Chief Executive Officer Dara Khosrowshahi said in a tweet on Tuesday.
Tesla forms three-member panel to decide on any Musk proposal
Tesla Inc’s board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company’s chief executive, Elon Musk.
A look at Tesla’s nine-member board
Tesla Inc’s board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
