NEW YORK The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports in the consumer sector and relative calm in the ongoing trade dispute between the United States and China.
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DENVER, CO American Airlines is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier said on Tuesday, citing higher fuel costs and a "competitive environment."
SAN FRANCISCO Uber Technologies Inc has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing vacancy and clearing the way for a much-anticipated initial public offering next year.
WASHINGTON Facebook Inc has started scoring its users based on their trustworthiness in an attempt to fight misinformation, the Washington Post reported on Tuesday, citing a company executive.
SAN FRANCISCO Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches.
LONDON Protectionism will result in higher prices for U.S. citizens, a senior executive at BHP said on Tuesday, adding that the mining company was already seeing the effect.
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