The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million.
U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell's said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.
New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.
The Federal Reserve will respond "as appropriate" to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.
The Federal Reserve will respond "as appropriate" to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.
Two app developers on Tuesday sued Apple Inc over its App Store practices, making claims similar to those in a lawsuit brought by consumers that the U.S. Supreme Court recently allowed to proceed.
U.S. stocks rose on Tuesday, led by a rebound in the technology sector, as Federal Reserve Chair Jerome Powell said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.
U.S. President Donald Trump on Tuesday promised Britain a "phenomenal" post-Brexit trade deal, dismissed differences over China's Huawei and glossed over other disagreements as he heaped praise on the United States' closest ally.
Nigel Farage, the leader of the UK's Brexit party, arrived at the U.S. ambassador's residence in London where President Donald Trump is staying during his state visit to Britain, a Reuters photographer at the scene said.
British Prime Minister Theresa May probably has not got the credit she deserved for negotiating a Brexit deal with the European Union, U.S. President Donald Trump said on Tuesday, after May joked about Trump's advice on the topic.
Thousands of people protested in central London on Tuesday against U.S. President Donald Trump's pomp-laden state visit to Britain, but numbers were well down on the tens of thousands who gathered to oppose his visit last year.
U.S. President Donald Trump said on Tuesday he had decided not to meet opposition Labour leader Jeremy Corbyn on his trip to Britain, describing him as a "negative force".
U.S. President Donald Trump said NATO allies had no choice but to increase their military spending, repeating his demand that all those in the alliance meet the target of spending 2% of GDP a year on defense.
U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will "act as appropriate" in response to risks posed by a trade war, remarks that may open the door to the possibility of a rate cut.
Global stock indexes climbed on Tuesday as investors weighed the possibility of an interest rate cut from the Federal Reserve, while yields on 10-year U.S Treasuries moved higher.