A group of 39 state attorneys general on Tuesday announced an investigation into Juul Labs Inc's marketing practices, adding to mounting legal and regulatory problems for the e-cigarette maker over its role in the nation's youth vaping epidemic.
The Federal Reserve is "closely monitoring" the escalating coronavirus outbreak but it is still too soon to gauge if it would require a change in monetary policy, Fed Vice Chair Richard Clarida said on Tuesday as the central bank continues to patiently monitor the impact of the epidemic on...
WASHINGTON: The Trump administration is in discussions about whether to renew a license for Chevron Corp's operations in Venezuela as Washington looks to increase pressure on its socialist leader, the U.S. special envoy to the South American country said. U.S. Special Representative for Venezuela ...
NEW YORK: Fears of a coronavirus-fueled slowdown have injected volatility back into markets, but some investors may be less exposed this time around. The Cboe Volatility Index , known as Wall Street's fear gauge, jumped on Tuesday to a near 14-month high of 26.71. It recently traded at 25.71....
Wall Street's three major stock indexes fell almost 2per cent on Tuesday as the coronavirus spread further around the world and officials described it as "a rapidly escalating epidemic," a day after the S&P 500 and the Dow Industrials' biggest daily decline in two years.
Stocks across the globe fell on Tuesday to their lowest since mid-December and the benchmark U.S. debt yield was near a record low on lingering concerns about the economic hit of the spread of the novel coronavirus.
Oil fell below US$56 a barrel on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.
WASHINGTON: US consumer confidence edged up in February, suggesting a steady pace of consumer spending that could support the economy despite growing fears over the impact of the fast spreading coronavirus, which have roiled financial markets. The Conference Board said its consumer confidence ...
Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith.
Johnson & Johnson said on Tuesday it would partner with Apple Inc on a study to use an iPhone app and the Apple Watch to study how earlier detection of afibrilation impacts stroke in people aged 65 or older.
