Business

Photo

Wall St. lower as Apple slips to six-month low

- Wall Street fell on Tuesday as Apple's shares remained under pressure, hitting their lowest in more than six months, and investors digested earnings reports from a host of companies.

Recent Business News

ATM fee lawsuits against Visa, Mastercard, banks revived on appeal

NEW YORK - A federal appeals court has revived litigation against Visa Inc , Mastercard Inc and several U.S. banks accusing them of conspiring to inflate the prices of ATM access fees in violation of antitrust law.

U.S. judge rejects American Express class action settlement

NEW YORK - A U.S. judge on Tuesday rejected a proposed class action settlement between American Express Co and merchants who sued the company over swipe fees, ruling that a lawyer for the merchants compromised the fairness of the agreement.

Brazil presents another hurdle in Monsanto's bid for Syngenta

SAO PAULO - Seed giant Monsanto Co.'s unwanted takeover bid with Switzerland's Syngenta AG would face strong resistance in Brazil should it go forward, farmers and lawyers said, a hurdle that could delay or force major concessions to the $45 billion deal.

Deals, Brazil 1:08pm EDT

Soros' CIO to start own hedge fund with $2 billion

NEW YORK - Scott Bessent, who has been overseeing George Soros' $30 billion fortune for the last four years and whom some consider Soros' protege, will leave at the end of 2015 to start his own hedge-fund firm.

1:46pm EDT

Apple denies plan to sell mobile services directly to consumers

FRANKFURT/PARIS - Apple Inc , the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied to sell its products.

1:15pm EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary