Business

The U.S. Justice Department has settled antitrust charges with Sinclair Broadcast Group, Tribune Media Co and four other broadcast companies accused of sharing competitively sensitive information with rivals, the department said on Tuesday.

Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products.

The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks.

Shares of Boeing Co fell on Tuesday on concerns related to last month's deadly crash of a 737 MAX, the newest version of the planemaker's best-selling jet, operated by Indonesia's Lion Air.

Oil prices plunged 7 percent on Tuesday on persistent concerns of oversupply and weakening global demand, causing Wall Street stocks to reverse early gains that were driven by the resumption of trade talks between the United States and China.

Blue Apron Holdings Inc said on Tuesday it would reduce its headcount by 4 percent, as the meal-kit delivery company focuses on its online business to help reverse six straight quarters of revenue declines.