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S&P hits record high, equals longest-ever bull run

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.

Recent Business News

American Airlines cuts second U.S.-China flight; cites fuel, competition

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."

Uber hires CFO after lengthy search, paving way for IPO

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.

3:23pm EDT

Facebook moves to rate users on trustworthiness: report

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.

Tech, Facebook 3:03pm EDT

Lyft surpasses 5,000 self-driving rides with Aptiv fleet

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.

9:04am EDT

BHP warns protectionism will stoke U.S. costs

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.

12:18pm EDT

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