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.
Saudi Arabia sought to calm markets on Tuesday after an unprecedented attack on its oil facilities, with sources saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.
Oil prices dropped nearly 5% 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.
Saudi Arabia's state oil giant Aramco allowed employees to enter Abqaiq compound for the first time since the Saturday attack, State-owned Al Arabiya reported on Tuesday citing its own sources.
U.S. stocks were little changed on Tuesday as investors moved to the sidelines ahead of the Federal Reserve's two-day policy meeting, while the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded.
The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday.
A U.S. banking regulator Tuesday proposed easing a post-credit crisis rule on how much cash big banks should set aside to safeguard derivatives trades between affiliates, marking one of the biggest wins for Wall Street lenders under the Trump administration.
HSBC has initiated a strategic review of its French retail operation, French unions said on Tuesday.
The White House is not involved in contract talks with General Motors Co and the United Auto Workers union, aimed at ending a nationwide strike that began late on Sunday, a White House spokesman and GM said.
Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, people familiar with the matter said on Monday.
Walmart Inc likely discriminated against 178 female workers by paying them less, denying them promotions or both, because of their gender, the U.S. Equal Employment Opportunity Commission said in memos seen by Reuters.