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S&P 500 touches 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, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China. | Video

Recent Business News

JPMorgan undercuts discount brokerages on trades

NEW YORK JPMorgan Chase & Co, in a bid to lure customers from the discount brokerage industry, said on Tuesday it will begin offering free stock trades for self-managed accounts through its Chase mobile banking app starting next week.

3:39pm EDT

American cuts second U.S.-China flight on fuel cost, rivalry

DENVER American Airlines is cutting a route between Chicago and Shanghai, canceling the second direct flight from the U.S. city to China in four months, because of higher fuel costs and competition, the carrier said on Tuesday.

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

United Airlines sees deal soon on Latin American joint ventures

DENVER United Continental Holdings Inc is eying joint ventures with three Latin American carriers in the near future, but a deal would not immunize the U.S. airline from the "ups and downs" of the region's volatile market, President Scott Kirby said on Tuesday.

5:20pm 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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