U.S. stocks finished down on Tuesday, a day after the S&P and Dow hit records, and the Nasdaq retreated with technology stocks.
United States
Apple exploring settlement with electric car battery maker
Apple Inc (AAPL.O) is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused the iPhone maker of poaching top engineers to build a large-scale battery division.
SEC warns pharma companies to be honest about FDA correspondence
The U.S. Securities and Exchange Commission's top enforcement chief warned on Tuesday that too many pharmaceutical companies are failing to accurately portray their dealings with federal drug regulators - a problem that could get them in trouble.
Apple plans fix next week for newly uncovered Freak security bug
Apple Inc (AAPL.O) and Google Inc (GOOGL.O) said on Tuesday that they have developed fixes to mitigate the newly uncovered 'Freak' security flaw affecting mobile devices and Mac computers.
U.S. CEOs modestly more upbeat on economy, spending: survey
U.S. chief executive officers are modestly more upbeat about the economy and almost half plan to increase capital spending over the next six months, a quarterly business group survey said on Tuesday.
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Two years after U.S. legislators branded it a national security threat, China's Huawei Technologies Co Ltd is planning a campaign to win over U.S. consumers, rolling out new mobile phones and wearable devices backed by a marketing effort.
U.S. small businesses pared borrowing in January after a record prior month, according to data released on Tuesday. The Thomson Reuters/PayNet Small Business Lending Index fell to 120.9 from an upwardly revised December reading of 133.5, the highest since the index's launch in January 2005.
It may be by far the most valuable American company but Apple Inc still can’t get into at least one exclusive club – the 30-member Dow Jones Industrial Average.
Warehouse club Costco Wholesale Corp (COST.O) has chosen Citigroup Inc (C.N) and Visa Inc (V.N) to run its co-branded credit card starting next year, replacing American Express Co (AXP.N), which lost the coveted tie-up last month.
It is getting cheaper to rent an apartment in North Dakota's oil patch. Prices, which only last year rivaled levels in New York City and Geneva, have slipped about 15 to 20 percent in the past two months as dozens of new apartment buildings opened in Williston, Watford City and other oil hub cities.
The Federal Reserve Bank of New York on Monday announced the dates of its March offerings of reverse repurchase agreements, part of the bank's preparations for managing an increase in interest rates expected later this year.
The Nasdaq on Monday closed above 5,000 for the first time since the year 2000 dot-com bubble as tech stocks were boosted by deals, while the S&P 500 and Dow indexes hit records after economic data pointed to a slowly accelerating economy.
IEX Group, the start-up stock-trading venue featured in Michael Lewis' book "Flash Boys," hired a former New York Stock Exchange official as chief regulatory officer, the last piece of its senior management team as it moves to become an exchange later this year, the company said on Monday.
Janet Yellen's premium on consensus may lead to a Federal Reserve decision the chair hasn't yet endorsed, as a near majority aligns in favor of a possible June interest rate hike.
