Reuters: Business News

Reuters News
  1. Toll Brothers quarterly profit falls 24%
    U.S. luxury homebuilder Toll Brothers Inc posted a 24% fall in quarterly profit on Tuesday, hit by slower demand and shrinking gross margins from home sales.
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  2. Wall Street rally ends as financial shares slide
    Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.
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  3. Walmart sues Tesla over fires at stores using its solar panels
    Walmart Inc sued Tesla Inc over fires at stores, which were using the electric carmaker's solar panels, according to lawsuit filed in a New York court.
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  4. As trade war drags on, new Bunge CEO looks to avoid 'stroke-of-the-pen' risk
    A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge Ltd is facing an even more uncertain business environment, with a new chief executive who is determined not to get burned...
  5. Trump looking at possible U.S. payroll, capital gains tax cuts
    President Donald Trump on Tuesday said his administration was looking to cut U.S. taxes on wages and on profits from selling assets such as stocks, but that he was not talking about doing anything imminently.
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  6. It's the Fed, but the world will have its say
    The U.S. Federal Reserve has a purely domestic mandate, answerable to an elected Congress and facing nearly daily demands from an outspoken president.
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  7. U.S. Justice Department sues to block Sabre acquisition of Farelogix
    The U.S. Justice Department sued on Tuesday to block travel technology firm Sabre Corp's $360 million acquisition of Farelogix Inc, saying in court papers that it was a "dominant firm's attempt to eliminate a disruptive competitor."
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  8. Who's tracking you? Facebook users to get more control over data
    Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that the social network gathers from their browsing habits on other websites and apps.
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  9. Boeing hiring as it targets 737 MAX fights resuming 'early fourth quarter'
    Boeing Co said on Tuesday it plans to add extra staff and hire "a few hundred" temporary employees at an airport in Washington state where it is storing many grounded 737 MAX jetliners, a key step in its best-case plan for resuming deliveries to...
  10. Trump says he had to 'take China on,' regardless of short-term impact on U.S. economy
    President Donald Trump on Tuesday said he had to confront China over trade even if it caused short-term harm to the U.S. economy because Beijing had been cheating Washington for decades.
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