Business & Finance
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How major US stock indexes fared Tuesday
U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. On Tuesday: The S&P 500 index jumped 18.03 points, or…
17 hours ago -
US retailers small companies rally as Turkey fears ease
NEW YORK (AP) — U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as officials…
17 hours ago -
Tiger Woods juices ratings for PGA championship
NEW YORK (AP) — There’s nothing like a late charge from Tiger Woods to juice the ratings of a major golf tournament. CBS reached 8.5 million viewers Sunday for final-round competition at the PGA Championship…
17 hours ago -
The Latest: Mayor signs bill capping new ride-hail licenses
NEW YORK (AP) — The Latest on the signing of a New York City bill that places a temporary cap on new licenses for app-based rides (all times local): 4:40 p.m. New York City, the…
17 hours ago -
Kroger to sell its goods to Chinese shoppers through Tmall
NEW YORK (AP) — Kroger will start to sell some of its products to Chinese shoppers through a website owned by internet giant Alibaba, the latest move by the supermarket chain to boost its digital…
17 hours ago -
Tapestry, Advance Auto Parts and Wolverine rise
NEW YORK (AP) — Stocks that moved substantially or added heavily on Tuesday: Tapestry Inc., up $5.70 to $53.16 The shoe and handbag maker had a stronger fourth quarter than analysts expected. Advance Auto Parts…
17 hours ago -
Markets Right Now: US stocks close broadly higher
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. U.S. stocks rallied as banks, retailers, and smaller companies jumped. The gains Tuesday helped the market recover most of…
17 hours ago -
Royal Bank of Scotland fined $4.9B for housing bubble role
Royal Bank of Scotland will pay a $4.9 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis.…
18 hours ago -
Global communication agency acquires Rockville marketing firm HZ
Global communication firm Burson Cohn & Wolfe has acquired Rockville-based creative agency Hirshorn-Zuckerman Design Group Inc. Terms of the deal were not disclosed in an announcement on Tuesday. A press release from BCW parent organization…
18 hours ago -
DLA Piper attorney, former judge among group investigating Maryland football
University of Maryland President Wallace Loh on Tuesday said the school “accepts legal and moral responsibility” for the mistakes the football team’s training staff made the day freshman offensive lineman Jordan McNair died and has…
18 hours ago -
Home Depot roars back in the second quarter
ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world’s biggest home improvement retailer boosted its…
19 hours ago -
Lockheed Martin nabs another hypersonic weapons contract
Key story highlights: Bethesda-based Lockheed was awarded a contract not to exceed $480 million for hypersonic weapon design, review, test and production readiness support. A hypersonic weapon is a missile that travels at Mach 5…
19 hours ago -
Defamation lawsuit over alleged fake Western painting tossed
RENO, Nev. (AP) — A federal judge has thrown out a defamation lawsuit a Western art collector filed against a prestigious auction house and the owner of a Reno gallery who claimed an early 20th…
19 hours ago -
Emerson Electric president to retire Oct. 1
FERGUSON, Mo. (AP) — Edward Monser, who has been president for eight years at Emerson Electric, will retire on Oct. 1. The technology and engineering company announced Monser’s retirement Tuesday and said his replacement will…
20 hours ago -
Correction: Citizens Bank Headquarters story
JOHNSTON, R.I. (AP) — In a story Aug. 13 about Citizens Bank, The Associated Press reported erroneously that the bank is unveiling its new corporate headquarters. Citizens Bank is opening a campus in Johnston, Rhode…
21 hours ago
