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Wall Street rises in wake of first presidential face-off

Consumer and technology stocks including Amazon led gains on Wall Street on Tuesday as some investors deemed Democrat Hillary Clinton to have won a presidential debate against Republican rival Donald Trump.

Recent Business News

Morocco signs deal with Boeing to attract suppliers

Tangier, MOROCCO Morocco has signed an agreement that Boeing Co will seek to attract its suppliers to boost the kingdom's aeronautics industry.

2:35pm EDT

U.S. senators accuse Yahoo of 'unacceptable' delay in hack discovery

WASHINGTON Six Democratic U.S. senators on Tuesday demanded Yahoo Inc explain why hackers' theft of user information for 500 million accounts two years ago only came to light last week and lambasted the company's handling of the breach as "unacceptable."

Fed's Fischer says tighter labor market pushing up wages

WASHINGTON The Federal Reserve should avoid raising interest rates too much, Fed Vice Chairman Stanley Fischer said on Tuesday, adding that gains in U.S. incomes are a sign that workers are benefiting from a tighter labor market.

12:59pm EDT

U.S. says Wells Fargo to pay $400,000 to settle charges over swaps

WASHINGTON Wells Fargo Bank has settled federal charges over inaccurate large trader reports for physical commodity swaps positions, the U.S. Commodity Futures Trading Commission said on Tuesday, ordering the firm to pay a $400,000 penalty.

2:43pm EDT

U.S. farmer lawsuits over Syngenta GMO corn granted class status

A U.S. district court judge in Kansas this week said lawsuits brought by U.S. farmers against seed company Syngenta AG over sales of biotech corn seeds not approved for import by China can proceed as a class action, according to a court filing.

3:18pm EDT


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