Business

Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.

Home Depot Inc benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the holiday shopping quarter, helping the home improvement chain beat sales and profit estimates.

Although Wells Fargo & Co settled major probes with federal agencies over abusive sales practices last week, the bank and its former executives are not out of the woods yet, legal and regulatory experts said.

Department store chain Macy's Inc on Tuesday reported a small drop in sales and profit that topped analysts' expectations with the help of an uptick in holiday sales.

Amazon.com Inc is bringing its cashier-less store technology to a larger stage.

It's ride-hailing, farm style. Deere & Co. is teaming up with the "Uber of tractors" in Africa and betting on a future where farmers summon machines with the touch of a button.