Florida insurers shares tumble as Hurricane Irma looms
(Reuters) – Shares of Florida home insurers, including Heritage Insurance Holdings, tumbled on Tuesday and many extended losses later in the day as Hurricane Irma appeared set to hit Florida on Saturday, causing investors to brace for losses.
Global air freight rises again in July: IATA
(Reuters) – Global air freight rose 11.4 percent in July helped by continued economic growth, the third double-digit monthly increase in a row, the International Air Transport Association (IATA) said on Tuesday.
Wall St. lower as North Korea tensions weigh
(Reuters) – U.S. stocks were lower in late morning trading on Tuesday, with the Dow Jones Industrial Average shedding more than 150 points as tensions around North Korea continued to weigh.
U.S. factory orders post biggest drop in nearly three years
WASHINGTON (Reuters) – New orders for U.S.-made goods recorded their biggest drop in nearly three years in July, but orders for capital goods were stronger than previously reported, pointing to a faster pace of business spending at the start of the th…
United Tech not planning breakup after $23 billion Rockwell deal
NEW YORK (Reuters) – Aerospace and industrial company United Technologies Corp said on Tuesday it has no immediate plans to sell off other businesses after it agreed to acquire avionics supplier Rockwell Collins Inc in a $23 billion deal that creates…
Wall St. opens lower on North Korea tensions
(Reuters) – Wall Street opened lower on Tuesday as investors remained cautious after North Korea conducted its most powerful nuclear test over the weekend.
Facebook takes the next step to monetize WhatsApp: WSJ
(Reuters) – Facebook Inc is gearing up to make money from WhatsApp, the messaging service used by more than a billion people every day, the Wall Street Journal reported on Tuesday.
Delta cuts passenger unit revenue forecast, shares drop
(Reuters) – Delta Air Lines Inc on Tuesday cut its forecast for passenger unit revenue, a closely watched performance metric, for the current quarter due to slower than anticipated recovery in fares for last-minute flights.
GM’s Canada vehicle sales rise 28.5 percent in August
(Reuters) – General Motors Co said on Tuesday its vehicle sales in Canada rose 28.5 percent in August from a year ago, the eighth straight monthly increase.
Wall St. set to open lower as North Korea tensions rise
(Reuters) – Wall Street was set to open lower on Tuesday as investors remained cautious after North Korea conducted its most powerful nuclear test over the weekend.
