NEW YORK (Reuters) - U.S. stocks ended down in a volatile session on Tuesday, led by a drop in materials and energy shares following further weakness in commodity prices and as the S&P 500 broke below a key technical level.
NEW YORK (Reuters) - Oil tumbled 5 percent to near six-year lows before recovering ground on Tuesday, and Brent briefly traded at par to U.S. crude for the first time in three months as some traders moved to take advantage of ample storage space in the United States.
WASHINGTON (Reuters) - U.S. small business optimism jumped in December to its highest level in more than eight years, the latest sign of strength in the economy even as dark clouds settle over global growth.
WASHINGTON (Reuters) - MetLife Inc said it plans to sue U.S. regulators on Tuesday over a decision to subject the insurer to tougher oversight because it harbors enough risk to endanger the financial system in a crisis.
NEW YORK (Reuters) - Ally Financial Inc will overcome General Motors Co's decision to stop using the lender for discounted leases on new cars by expanding business with dealers for other automakers, a spokeswoman said late Monday.
NEW YORK (Reuters) - Citigroup Inc has been quietly scaling back its consumer banking presence in some of the world's major cities, pulling out from markets where it does not have enough branches to be competitive.
TOULOUSE, France (Reuters) - Airbus edged closer toward raising production of its best-selling model on Tuesday, declaring the supply chain stable and hinting at a decision to produce more of its A320 cash cow in coming months.
HONG KONG (Reuters) - Chinese e-commerce company Alibaba Group Holding Ltd has agreed to prevent the sale of up to 15 illegal or dangerous toys in the United States, the U.S. Consumer Product Safety Commission's (CPSC) chairman said on Tuesday.
NEW YORK (Reuters) - Manoj Narang, an outspoken proponent of high-frequency trading and one of the industry's few visible faces, is leaving Tradeworx, a firm he founded in 1999 that only became active in high-speed trading during the financial crisis in 2008.