U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production, but the outlook for factories remains weak against the backdrop of trade tensions and slowing global economies.
Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters production could be fully back on line within weeks, quicker than initially thought following weekend attacks that cut halved the kingdom's output.
Walmart Inc likely discriminated against 178 female workers by paying less or denying promotions or both because of their gender, the U.S. Equal Employment Opportunity Commission said in memos reviewed by The Wall Street Journal, the newspaper said on Tuesday.
Saudi Arabia sought to calm markets on Tuesday after an attack on its oil facilities, with sources in the kingdom saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.
U.S. Vice President Mike Pence said on Tuesday the United States was evaluating evidence on the attacks on Saudi oil facilities and stands read to defend its interests and allies in the Middle East.
The Benetton family is set to replace the powerful head of Atlantia with an executive committee and co-opt a right-hand man to help steer the infrastructure group through fallout from a deadly bridge collapse, three sources said.
General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday.
Oil prices dropped more than 6% on Tuesday after a top Saudi Arabian source told Reuters that production could be fully back on line within weeks, quicker than initially thought following weekend attacks that halved the kingdom's output.
Shares of Kraft Heinz Co fell 4% on Tuesday after the packaged food maker's second largest investor, 3G Capital, sold over 25 million shares in the open market at a discount.
U.S. senators voiced bipartisan support on Tuesday for the expansion of domestic mining and minerals recycling, part of a push to jumpstart the country's electric vehicle supply chain and offset China's rising dominance in the fast-growing space.
Oil prices dropped sharply on Tuesday after a Reuters report said Saudi Arabia's crude production could be fully back on line within weeks, quicker than initially thought following weekend attacks that halved the kingdom's output.
Chipotle Mexican Grill Inc said on Tuesday it would add a new steak dish to its menu nationwide for the first time in three years, as the Mexican food chain looks to drive sales in a crowded U.S restaurant market.
Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centers to expand its delivery business in its second biggest market, the firm's German logistics chief said in an interview.
U.S. Vice President Mike Pence said on Tuesday the United States was reviewing evidence that suggests Iran was behind the attacks on Saudi oil facilities and stands ready to defend its interests and allies in the Middle East.
Total CEO Patrick Pouyanne said on Tuesday last weekend's attacks on Saudi oil production facilities will have consequences, adding that he feared the situation in the Middle East might deteriorate further.