Italy's Recession Pain Stretches to a Year
Italy has been the eurozone's most sluggish economy for more than a decade and it shrank further into recession in the second quarter for a 2.5% yearly decline.
Canada Stocks Jump, Loonie Tests Parity
Canadian stocks rallied Tuesday after the long holiday weekend, with Toronto's benchmark equities index rising 141 points, or 1.2%, to 11,804.
AT&T Reaches Tentative Deal on Southeast Wireline Employee Agreement
AT&T Inc.'s (T) Southeast business has reached a tentative agreement with the Communications Workers of America that includes yearly wage increases and small pension increases, bringing the number of its wireline employees covered by agreements to nearly 48,000.
MARKET SNAPSHOT: U.S. Stocks Climb; S&P 500 Tops 1,400
U.S. stocks started higher Tuesday, with the S&P 500 index surpassing 1,400 for the first time in three months, on thinking global central banks were ready to act bolster growth.
Apple Snubs Google's YouTube App
The growing rivalry between the technology companies heated up as Apple says the new version of its iPhone and iPad software will not include a pre-loaded app for Google's YouTube.
Federal Reserve: MetLife Assessed $3.2 Million in Sanctions
The Federal Reserve Tuesday imposed a $3.2 million penalty on MetLife Inc. (MET), saying the insurer hadn't adequately overseen mortgage loan servicing and foreclosure processing operations at its subsidiary bank.
June Job Openings Rise To 3.76 Million
Job openings at U.S. workplaces increased to 3.76 million in June from 3.66 million in May, the U.S. Labor Department reported Tuesday.
U.S. DATA WEEK AHEAD: Small Gain Seen in 2Q Unit Labor Costs
The following are forecasts for this week's remaining data from a survey compiled by Dow Jones Newswires on Friday and Monday.
Thomson Reuters Holds Lead Over EBS In FX Trading Volumes
Electronic currencies-dealing system Thomson Reuters (TRI) consolidated its lead ahead over main rival EBS in July, with its average daily volumes outstripping those of its main rival for 10 straight months, despite EBS's efforts to boost volumes by tweaking its rules.
Fossil, Warnaco Jump; Office Depot Drops
Fossil Inc. shares surged 29% on Tuesday after the watch and accessories maker reported a better-than-expected second-quarter profit.