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Wal-Mart helps Wall Street's record-setting rally march on

U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump. | Video

Recent Business News

Burger King and Tim Hortons owner to buy Popeyes for $1.8 billion

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.

12:26pm EST

Wells Fargo fires four executives amid probe into account scandal

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, the company announced on Tuesday.

4:14pm EST

Fannie, Freddie shares dive after U.S. appeals court ruling

Shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts.

5:31pm EST

Aeromexico board says Delta offer for shares 'fair'

MEXICO CITY Grupo Aeromexico said on Tuesday that its board had determined that Delta Air Lines Inc's offer to buy an additional 32 percent of its shares was fair.

6:04pm EST

PSA says will honor existing Opel job guarantees

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.

11:37am EST

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