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Exclusive: Philadelphia refinery expected to be sold to real estate developer - sources

2 minutes ago   |   Reuters

The bankrupt Philadelphia Energy Solutions is expected to sell its fire-damaged refinery site to real estate developer Hilco Redevelopment Partners, three sources familiar with...
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S&P 500 loses ground amid China virus outbreak, growth fears

18 minutes ago   |   Reuters   |   2 articles

The benchmark S&P 500 slipped on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF prompted investors to lock...
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NYC Transit expects return of Bombardier subway cars to service this week

56 minutes ago   |   Reuters

New York City Transit expects subway cars recently built by Bombardier to return to service this week, after the estimated 300 cars were yanked earlier in the month because of...
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Risk assets dragged lower by Chinese virus anxiety

56 minutes ago   |   Reuters

Risk assets took a hit across the globe on Tuesday while the Japanese yen and some developed country bond prices gained as financial markets reacted to mounting concern about a...
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China virus scare sends shudder through European luxury goods sector

1 hour ago   |   Reuters

European luxury stocks slumped across the board on Tuesday on fears that the coronavirus virus outbreak in China could hurt sales of high-end brands that had managed to weather...
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Britain's Sainsbury's to cut 'hundreds' of management roles

1 hour ago   |   Reuters

Britain's Sainsbury's said on Tuesday it would cut "hundreds of management roles" across the business as it seeks to bring its main supermarket operation and its Argos general...
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Uber tests feature allowing some California drivers to set fares

1 hour ago   |   Reuters

Uber Technologies Inc on Tuesday said it is testing a feature that allows some drivers in California to set their own fares, hoping the change will help it show that its...
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Wall Street rally pauses amid China virus outbreak, growth fears

1 hour ago   |   Reuters   |   2 articles

U.S. stock indexes slipped on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF paused a record-setting rally...
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Honda to join White House initiative to boost U.S. job training

1 hour ago   |   Reuters

Honda Motor Co will join on Tuesday a growing number of companies signing a White House pledge to boost U.S. job training opportunities.
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Citibank to pay $18 million penalty for failing to insure flood-prone properties

2 hours ago   |   Reuters

A U.S. banking regulator fined Citibank N.A. $18 million for delays in purchasing mandatory flood insurance for properties where borrowers were located in flood-prone areas.
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Trump gave a rambling speech at Davos touting US economic achievements...

Trump gave a rambling speech at Davos touting US economic achievements without mentioning the elephant in the room - his impeachment trial

Trump gave a rambling, 30-minute speech at the World Economic Forum's annual meeting in Davos Tuesday. There he lauded US economic achievements, including his recent trade... Read more ...

Taylor Swift reveals her mom has been diagnosed with a brain tumor amid her...

Taylor Swift reveals her mom has been diagnosed with a brain tumor amid her second battle with breast cancer

Taylor Swift discussed her mom's ongoing health struggles in a new interview with Variety. Swift revealed that doctors discovered a brain tumor while her mom, Andrea Swift, was... Read more ...

LeBron James slams 'disrespectful' fan who was ejected for throwing garbage...

LeBron James slams 'disrespectful' fan who was ejected for throwing garbage at Bronny James during high school game

On Monday, a spectator threw something at LeBron James' son, Bronny James, during his high school basketball game. Sierra Canyon took on Paul VI at Springfield College in... Read more ...

A VC firm led by a Net-A-Porter cofounder just made a big bet on cannabis...

A VC firm led by a Net-A-Porter cofounder just made a big bet on cannabis beverages. Here's an exclusive look at the pitch deck that helped Cann raise $5 million

Cann is a low-dose cannabis-infused beverage startup, founded by Harvard and Stanford MBAs. The startup recently closed a $5 million seed round, led by Imaginary Ventures, a VC... Read more ...

10 things you need to know before the opening bell

10 things you need to know before the opening bell

Here's what you need to know before markets open. 1. Stocks are sinking on fears of the deadly virus in China - 'Markets are worried about this spreading to more cities.'... Read more ...

Trump claims credit for ‘spectacular' U.S. economy in Davos speech to...

Trump claims credit for ‘spectacular' U.S. economy in Davos speech to business leaders

President Donald Trump sought Tuesday to sell the United States to the global business community, telling an economic conference in the Swiss Alps that America's economic... Read more ...

Experts are baffled by Trump's central impeachment defense that the...

Experts are baffled by Trump's central impeachment defense that the president can't be removed from office for abuse of power

President Donald Trump's legal team will argue on the opening day of the president's impeachment trial Tuesday that the charges against him should be dismissed. According to... Read more ...

This map shows where China's mysterious, deadly Wuhan virus has spread...

This map shows where China's mysterious, deadly Wuhan virus has spread across Asia, as a 6th death is confirmed

Chinese state media said six people have been killed by a mysterious virus as authorities repeatedly increase the number of people that are infected. A map shows where the... Read more ...

Greta Thunberg Joins Youth Activists on TIME Panel at Davos to Say ‘Pretty...

Greta Thunberg Joins Youth Activists on TIME Panel at Davos to Say ‘Pretty Much Nothing' Has Been Done on Climate Change

Greta Thunberg no longer has to worry about being heard on the issue the climate change, she told a room full of adults Tuesday at the World Economic Forum in Davos... Read more ...

Tim Cook subtly dinged Facebook CEO Mark Zuckerberg by saying augmented...

Tim Cook subtly dinged Facebook CEO Mark Zuckerberg by saying augmented reality doesn't isolate people like other technologies

Apple CEO Tim Cook subtly dinged Facebook CEO Mark Zuckerberg while discussing the benefits of augmented reality versus virtual reality. Cook said he thought augmented reality... Read more ...