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Wall Street opens slightly lower as oil falls

U.S. stocks opened slightly lower on Tuesday as weak oil prices weighed on energy stocks amid fading hopes of a deal to limit oversupply.

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.

2:34am EDT

German regulator orders Facebook to delete WhatsApp user data

FRANKFURT A German privacy regulator ordered Facebook on Tuesday to stop collecting and storing data of German users of its messaging app WhatsApp and to delete all data that has already been forwarded to it.

Tech, Facebook 7:08am EDT

Caesars strikes deal to end main unit's bankruptcy

CHICAGO Caesars Entertainment Corp has struck a deal with most of its operating unit's creditors, resolving billions of dollars in legal claims and paving the way to end to its subsidiary's costly bankruptcy, the casino company said on Tuesday.

9:16am EDT

Uber launches global assault on food delivery market

AMSTERDAM Uber is making an aggressive drive into meal delivery, backed by a wave of staff recruitment, with the U.S. tech heavyweight gearing up to enter at least 22 new countries and take on local rivals.

9:45am EDT

Two Chesapeake directors, including Icahn representative, resign

Chesapeake Energy Corp said on Tuesday that two board directors, including a representative of activist investor Carl Icahn, resigned on Monday, a week after Icahn more than halved his stake in the natural gas producer.

8:44am EDT


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