NEW YORK (Reuters) - The S&P 500 ended nearly flat on Tuesday after falling more than 1 percent earlier in the session as concerns about global weakness and political turmoil were offset by gains in technology and energy shares.
NEW YORK (Reuters) - Brent prices ended higher on Tuesday after a 5-year low and five straight days of losses and U.S. crude also rose as players sought a sustainable price for oil in a market haunted by oversupply concerns.
(Reuters) - The district attorney for Manhattan has extended by three years a deferred prosecution agreement with Standard Chartered, after finding the British bank has not met the standards required by the 2012 agreement and also noting another probe of the bank is underway, according to a document obtained by Reuters.
(Reuters) - Abercrombie & Fitch Co Chief Executive Michael Jeffries, who transformed the teen apparel retailer from a drab sports brand into a fashion icon before running afoul of shoppers and investors, has stepped down after over two decades at the helm.
NEW YORK (Reuters) - A former manager at Bernard Madoff's firm was sentenced to six years in prison on Tuesday for helping the convicted fraudster carry out a Ponzi scheme that caused investors to lose billions of dollars.
(Reuters) - Citigroup Inc will record $2.7 billion in litigation expenses and another $800 million in repositioning charges, leaving the third-largest U.S. bank "marginally profitable" in the fourth quarter, its chief executive officer said on Tuesday.
(Reuters) - The United Auto Workers union said on Tuesday it will train workers at Volkswagen AG's plant in Chattanooga, Tennessee, in an effort to form a U.S. version of a German-style works council, while continuing to push for collective bargaining rights at the factory.