Talks between Walmart and possible buyers of a majority stake in its British supermarket Asda will likely resume when the industry settles into a "new norm" with the worst of the coronavirus crisis behind it, the boss of Asda said on Tuesday.
Microsoft Corp said on Tuesday it plans to roll out a version of its cloud-based software that will be modified to suit the needs of healthcare organizations.
The S&P 500 was trading flat on Tuesday, handing back some gains from a strong rally in the previous session, as investors digested a mixed set of quarterly results from retailers including Home Depot and Walmart.
JPMorgan Chase & Co shareholders voted to reelect each of the bank's board members, with each director receiving at least 84% of the shares voted, according to initial tallies.
Italy could look into Fiat Chrysler's planned 5.5 billion euro ($6 billion) payout as part of its merger with Peugeot after the Italian-American carmaker asked for a 6.3 billion euro state-backed loan, a senior government source said.
The Los Angeles Lakers great partnered with MBE Capital Partners to offer loans to minority- and women-owned companies.
Lufthansa is bracing for hundreds of aircraft to remain grounded due to the coronavirus pandemic well into 2022 and that further job cuts at its maintenance and catering businesses were inevitable.
Kohl's Corp said the coronavirus crisis would have a material impact on results this year as it removed eight brands including Jennifer Lopez, Juicy Couture and Popsugar from its stores and warned demand for women's apparel would remain weak.
"It looks like the big guys won. You have them basically cordoned off as essential services," CNBC's Jim Cramer said Tuesday.
The Federal Aviation Administration said Tuesday it will require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.
Layoffs leveled off in April, although furloughs mount as small businesses fight to survive. Overall, headcount among small businesses fell by 4.7% last month, according to payroll provider Gusto.
JPMorgan Chase & Co shareholders voted to reelect all of the bank's board members on Tuesday, including a former Exxon Mobil Corp CEO who drew criticism from environmental groups and New York City's comptroller and pension system leader.
General Motors Co is "almost there" on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday.
French carmaker Renault has sealed a deal with banks on a 5 billion-euro ($5.47 billion) state-guaranteed loan to help the company to cope with the coronavirus outbreak, two sources close to the matter told Reuters on Tuesday.
Top U.S. airlines and Air Canada on Tuesday reported slower ticket cancellations and signs of improving demand, with Delta Air Lines Inc saying its cash flow was on track to reach break-even by the end of the year.