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Wall Street little changed as investors assess earnings

Wall Street was little changed on Tuesday morning as investors assessed a host of corporate earnings reports and braced for the Federal Reserve's policy meeting.

Recent Business News

U.S. new home sales rise to near eight-and-a-half year high in June

WASHINGTON New U.S. single-family home sales rose more than expected in June, reaching their highest level in nearly 8-1/2 years, the latest sign that the housing market was gathering momentum.

10:04am EDT

Brewer AB InBev raises offer for rival SABMiller

LONDON/BRUSSELS Anheuser-Busch InBev raised its $100 billion-plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal.

6:48am EDT

Swiss to pass information on HSBC accounts to U.S. tax agency

ZURICH Switzerland said it plans to give information to U.S. tax authorities about accounts at HSBC Holdings Plc's Swiss private bank, as part of a U.S. investigation into tax evasion.

9:48am EDT

McDonald's comparable sales growth misses estimates; shares fall

McDonald's Corp reported much lower-than-expected quarterly sales growth at established restaurants in the United States and the fast-food chain said it faced "a challenging environment in several key markets."

9:59am EDT

Exclusive: Teva, Mylan eye Pfizer's Brazil venture, sources say

SAO PAULO Teva Pharmaceutical Industries Ltd and Mylan NV have shown preliminary interest in a Brazilian generic drugmaking joint-venture in which Pfizer Inc has a 40 percent stake, two people familiar with the process said.

Deals, Brazil 9:43am EDT


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