U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and other retailers and continued optimism about the economic agenda of President Donald Trump.
Recent Business News
Restaurant Brands International Inc , owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for $1.8 billion in cash.
Wells Fargo & Co has fired four mid-level executives and stripped them of bonuses and stock awards as a result of an investigation into improper sales practices in its retail bank, according to a company announcement on Tuesday.
LONDON Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance.
Activist investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co , the Wall Street Journal reported, citing people familiar with the matter.
FRANKFURT/PARIS PSA Group has pledged to respect existing Opel and Vauxhall job guarantees if it buys the European arm of General Motors , though some analysts say thousands of jobs are eventually likely to go for the deal to work.