Japan stocks higher at close of trade; Nikkei 225 up 0.49%

Japan stocks were higher after the close on Tuesday, as gains in the Glass, Chemical, Petroleum & Plastic and Banking…

Britain’s M&S raises profit outlook after strong trading

(Reuters) – British retailer Marks & Spencer (OTC:MAKSY) raised its profit outlook on Tuesday, saying demand in stores had helped…

Insurers poised for US break on investment losses from high rates

(Reuters) – Some insurers operating in the United States stand to reap a windfall worth hundreds of millions of dollars…

Chesapeake to complete Eagle Ford basin exit with SilverBow deal

(Reuters) – U.S. natural gas producer Chesapeake Energy (NYSE:CHK) said on Monday it would sell its remaining Eagle Ford assets…

Wall St slips as Tesla weighs, investors await economic data

(Reuters) – Wall Street’s main indexes slipped on Monday on a drag from shares of Tesla (NASDAQ:TSLA), while investors also…

U.S. Steel shares jump after unsolicited bid from Cleveland-Cliffs

(Reuters) – Shares of U.S. Steel jumped about 27% in early trading on Monday, after the steelmaker rejected a $7.3…

Ford taps former Apple exec Stern to build hands-free driving business

(Reuters) – Ford Motor on Monday named former Apple (NASDAQ:AAPL) executive Peter Stern as the president of its newly-formed integrated…

AMC Entertainment to effect 10:1 reverse split on Aug. 24

AMC Entertainment (NYSE:AMC) Holdings said on Monday its 10-to-1 reverse stock split will take place on Aug. 24 and its…

Tesla cuts prices in China for some Model Y versions

(Reuters) – Tesla on Monday said it has cut prices in China for its Model Y long-range and performance versions…

Airlines, hotels branch out with experiences to lure travelers

(Reuters) – Casino operator MGM Resorts (NYSE:MGM) International is finding Formula One’s inaugural stop in Las Vegas is as much…