| | Wall St. ends higher after strong retail data | NEW YORK (Reuters) - Stocks rose on Tuesday after strong economic data including retail sales, while comments from a top Federal Reserve official gave a further boost to equities and Apple lifted the Nasdaq. | | | | | Icahn builds large Apple stake, wants larger buybacks | SAN FRANCISCO (Reuters) - Activist investor Carl Icahn said on Tuesday he has built a "large position" in Apple Inc and had a "nice conversation" with CEO Tim Cook about a larger stock buyback, sending the company's shares to a near seven-month high. | | | | | | Apple options volume soars on Icahn investment | NEW YORK (Reuters) - Trading in Apple Inc options surged on Tuesday after activist investor Carl Icahn revealed via Twitter a large stake in the tech company, which he believes to be undervalued. | | | | | | Former JPMorgan executive says he expects to be cleared in 'Whale' probe | (Reuters) - Lawyers for Javier Martin-Artajo, a former JPMorgan Chase & Co employee who is expected to face U.S. criminal charges for his role in a trading scandal that cost the bank $6.2 billion, said on Tuesday he expects to be cleared of wrongdoing and has cooperated with regulators. | | | | | | U.S. sues to block AMR-US Airways merger; stocks fall | WASHINGTON (Reuters) - The U.S. government on Tuesday sued to block American Airlines and US Airways' proposed merger to create the world's biggest airline, saying consumers would end up paying higher fares and fees. | | | | | | Ackman quits J.C.Penney board, removing distraction | (Reuters) - Hedge fund billionaire Bill Ackman's two-year campaign to transform department store J.C. Penney came to an abrupt end on Tuesday with his decision to step down from the board, after a weeklong public spat with fellow board members. | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |