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Asia stocks, Mexico peso bounce as markets see Clinton as winner of debate

SYDNEY Asian shares recovered and the Mexican peso surged on Tuesday as investors seemed to award the first U.S. presidential debate to Democrat Hillary Clinton over Republican Donald Trump.

Recent Business News

Wells Fargo hit with class action lawsuit over sales practices

A shareholder class action lawsuit was filed against Wells Fargo & Co on Monday that alleged the firm misled investors about its financial performance and the success of its sales practices.

10:31pm EDT

SolarCity sued by Cogenra Solar and Khosla Ventures

Elon Musk's SolarCity has been accused of intellectual property theft by Cogenra Solar Inc, a wholly owned subsidiary of SunPower Corporation , and Khosla Ventures.

10:04pm EDT

When deals go bad: China state firm managers spooked by new liability rules

HONG KONG Business development managers at Chinese state-owned firms have been put on notice: mess up on M&A deals and you can be held personally liable - for life.

7:07pm EDT

Fed's Kashkari says no U.S. rate hike was right move

MINNEAPOLIS The Federal Reserve made the "right move" in deciding last week to leave interest rates unchanged, a top Fed official said on Monday, because inflation remains low and more workers are returning to the labor force.

5:24pm EDT

Tesla and supplier Hoerbiger settle in court over Falcon Wing doors

SAN FRANCISCO Tesla Motors Co and a U.S. subsidiary of Swiss auto supplier Hoerbiger have agreed to settle a lawsuit filed by the electric car maker over problems with a proposed hydraulics system for the luxury Model X's "falcon wing" doors, court records show.

5:30pm EDT


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