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Mercedes-Benz offers subsidies to retrofit older diesel cars in Germany

Daimler said on Tuesday Mercedes-Benz customers in Germany could apply for a 3,000 euro ($3,350) subsidy to upgrade the exhaust filters of older, polluting diesel vehicles, the latest effort among German carmakers to avoid inner-city bans.



5 years ago

Vivendi talks Universal with Tencent to tap music revival

Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 billion), as both firms look outside their core regions to expand in a recovering global music market.



5 years ago

Trump vows to help farmers as China halts U.S. agricultural purchases

U.S. President Donald Trump on Tuesday vowed to protect American farmers against China by signaling to provide further aid if needed, a day after Chinese firms stopped agricultural purchases and Beijing threatened more tariffs on U.S. farm products.



5 years ago

Cramer on computer traders: 'Why don't they go work for NASA' instead of wrecking markets

CNBC's Jim Cramer blasts so-called pajama traders after the Dow opened positive on Tuesday following a tumultuous night.

5 years ago

Exclusive: Airbus plans A321 Toulouse expansion in traces of axed superjumbo

Airbus is poised to open a new assembly line for the A321neo in Toulouse, France, easing a grip on production of the hot-selling jetliner enjoyed by workers in Germany and accelerating an industrial rethink caused by the demise of the much larger A380.



5 years ago

U.S. labor market slowing as job openings, hiring fall

U.S. job openings and hiring fell in June, suggesting that demand for labor was cooling in tandem with a slowing economy, which could provide another reason for the Federal Reserve to cut interest rates again next month.



5 years ago

Why you shouldn't go to cash now — in one chart

If you think getting out of stocks now will help you in the long run, this may make you think twice.

5 years ago

U.S. Drug distributors propose $10 billion to end state lawsuits over opioids: Bloomberg

Drug wholesalers AmerisourceBergen Corp , McKesson Corp and Cardinal Health Inc have proposed a $10 billion settlement for claims that they played a part in the U.S. opioid epidemic, Bloomberg reported on Tuesday, citing people familiar with negotiations.



5 years ago

How to solidify your financial plan in case the trade war sparks a recession

Ongoing trade tensions with China have many worried that the U.S. economy could be headed toward a recession. Here's how to adjust your plans before those fears become a reality.

5 years ago

These wealthy investors are trimming their stock holdings

Members of TIGER 21, an investment group of high-net-worth individuals, backed off on stock holdings during the second quarter.

5 years ago

S&P 500 and Nasdaq set to snap six-day losing streak

U.S. stocks rose on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in the long-drawn trade war, a day after Wall Street suffered their sharpest one-day percentage drops of the year.



5 years ago

Stock markets mixed, U.S. climbs as currency war fears ease

World stock markets were mixed on Tuesday, with Wall Street making modest gains after China's central bank stepped in to stabilize the yuan, soothing fears a protracted trade spat between the U.S. and China would spill over into a currency war as well.



5 years ago

Bold Vision, Bright Future

Canadian Securities Exchange | Richard Carleton | Aug 6, 2019 In the financial space, “uncertainty” is traditionally associated with a four letter word: risk. When given the option, most investors and financiers prefer to avoid uncertainty, not wade directly into it. However, when it comes to innovation and pursuing new industries, the Canadian Securities Exchange

5 years ago

U.S. appeals court voids Google 'cookie' privacy settlement that paid users nothing

A federal appeals court on Tuesday struck down Google's class-action settlement meant to resolve claims it invaded the privacy of millions of computer users by installing "cookies" in their browsers, but paying those users nothing for their troubles.



5 years ago

DuPont considers sale of nutrition and biosciences unit - CNBC

Industrial materials maker DuPont is considering the sale of its nutrition and biosciences unit, CNBC said in a tweet on Tuesday, citing a report.



5 years ago