Cisco Systems Inc forecast current-quarter revenue above analysts' estimates on Tuesday as the pandemic-induced rise in remote working drives up demand for its networking and teleconferencing tools.
President Joe Biden said on Tuesday (Feb 9) he agreed with a proposal by Democratic lawmakers that would limit or phase out stimulus payments to higher-income individuals as part of his US$1.9 trillion coronavirus relief bill.
Mattel Inc beat estimates for quarterly sales on Tuesday as parents splurged on Barbie dolls and Hot Wheels cars for their children during a holiday season that was dulled by the COVID-19 pandemic.
The New York Stock Exchange may leave New York State if Albany imposes a transfer tax on stock sales, the president of the Intercontinental Exchange Inc-owned exchange operator said on Tuesday in an op-ed in the Wall Street Journal.
Americans stuck at home and with more discretionary funds at their disposal but fewer spending options because of the COVID-19 pandemic are piling into the stock market and sprucing up their homes, a survey showed on Tuesday.
U.S. President Joe Biden will meet with the chief executives of JPMorgan Chase, Walmart, Gap Inc, and Lowe's Companies on Tuesday as part of his efforts to boost an economy still reeling from the coronavirus pandemic.
Shares of video game retailer GameStop tumbled nearly 20 per cent Tuesday to their lowest levels since he start of a retail investor-led surge that echoed across Wall Street.
EU antitrust regulators have suspended their investigation into Aon's US$30 billion bid for Willis Towers Watson while they wait for the U.S. insurance broker to provide data required for the case.
The founder of a New York money manager who authorities said ran a US$1.8 billion fraud resembling a Ponzi scheme that fleeced thousands of investors pleaded not guilty to fraud and conspiracy charges on Tuesday.
Carmaker Volkswagen said on Tuesday that it expects chip supply to remain tight in first half of 2021 but that it would do everything to compensate for delay in production in the second half of the year.
