NEW YORK - The S&P 500 and Nasdaq ended lower on Tuesday, ending a five-day winning streak, as investors eyed upcoming quarterly reports that are expected to show a dip in corporate earnings.
Recent Business News
LONDON - Brewer SABMiller has rejected an "informal" takeover offer from Anheuser-Busch InBev of about $100 billion as being too low, a media report said on Tuesday, pushing down its share price.
DETROIT - United Auto Workers members are planning to strike at Fiat Chrysler Automobiles NV U.S. manufacturing plants as soon as Wednesday evening, threatening to bring manufacturing to a halt.
SYDNEY/BRUSSELS - Early industry reaction to a long-sought trade agreement reached between 12 Pacific Rim countries on Monday amounted to faint praise that it could have been worse and umbrage that the United States appeared to be the biggest winner.
MONTREAL/WASHINGTON/PARIS - Bombardier has approached European planemaker Airbus about selling a majority stake in the Canadian company's CSeries jet in order to shore up its depleted balance sheet, people familiar with the matter said.
MADRID - Spanish lender Santander evacuated the main building at its Madrid headquarters on Tuesday after envelopes containing white powder were sent to senior executives in what police said looked to have been a hoax.