Airbus wins JetBlue order for its newly rebranded A220
Airbus SE scored a key victory on Tuesday, with U.S. airline JetBlue announcing it would buy 60 of its A220-300 narrowbody jets, the first major order for the planemaker’s newly rebranded program as its battle with rival Boeing Co intensifies.
S&P 500 climbs on PepsiCo results, earnings optimism
The S&P 500 extended recent gains to post its highest close since Feb. 1 on Tuesday as strong results from PepsiCo Inc boosted optimism about the earnings season.
U.S. judge allows lawsuits over Monsanto’s Roundup to proceed to trial
Hundreds of lawsuits against Monsanto Co by cancer survivors or families of those who died can proceed to trial, a federal judge ruled on Tuesday, finding there was sufficient evidence for a jury to hear the cases that blame the company’s glyphosate-co…
U.S. stocks rise on earnings optimism; dollar gains
The S&P 500 stock index closed at a more than five-month high on Tuesday, boosted by expectations for strong earnings, while the U.S. dollar rose against the safe-haven Japanese yen as waning trade war fears drove a bid for riskier assets.
RSA’s Martin Scicluna lined up to chair Sainsbury’s: Sky News
Sainsbury’s , the British supermarket group that is merging with rival Asda, has lined up Martin Scicluna as the successor to chairman David Tyler, Sky News reported on Tuesday.
Oil mixed on supply disruptions; chance of Iran sanctions waivers
Oil prices were mixed on Tuesday, as price gains on supply concerns in Norway and Libya were tempered by the United States’ indication that it would consider requests for waivers from Iranian oil sanctions.
Bike-share schemes battle for Paris turf, but it’s not all free-wheeling
Grabbing a bicycle from a docking station and riding the streets of Paris used to be one of the city’s many charms, but the once-loved Velib system has fallen into disarray and some new dockless bike-share schemes are struggling to survive.
Boeing says first-half orders soar past Airbus
Boeing Co’s first-half aircraft orders were more than double those of Airbus SE , while its jetliner deliveries rose 7.4 percent from the year-ago period.
PepsiCo, oil help extend Wall Street rally; S&P at four-month high
U.S. stocks rose on Tuesday, with the S&P 500 at a four-month high, as energy shares got a boost from higher crude prices and strong results from PepsiCo signaled a solid start to the earnings season.
U.S. job quits rate hits 17-year high; labor market tightening
More American workers voluntarily quit their jobs in May, government data showed on Tuesday, a sign of confidence in the labor market that economists say will soon boost wage growth.
