Nestle switches delivery model for some U.S. frozen foods, cuts 4,000 jobs

Nestle, the world's largest packaged food company, said it plans to abandon direct-store delivery of frozen pizza and ice cream in the United States, a move that will cut 4,000 jobs.

Wall Street extends decline as China trade worries mount

U.S. stocks tumbled more than 2 percent on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and kept investors away from riskier assets.

Sleepy equity options jolted by renewed U.S.-China trade tensions

Months of calm in U.S. stocks gave way to a surge in activity in the options market on Tuesday as investors spooked by escalating trade tensions between the United States and China boosted Wall Street's so-called fear gauge to the highest level in three months.

Facebook executive meeting with lawmakers ahead of FTC settlement

Facebook Chief Operating Officer Sheryl Sandberg was meeting with U.S. lawmakers on Capitol Hill on Tuesday ahead of an expected settlement with the Federal Trade Commission, a spokesman for Senator Jerry Moran said.

Nissan's premium brand Infiniti names new global chief

Nissan Motor Co's premium division Infiniti is expected to announce a new acting global chief for the brand, the company said, after its current head, Christian Meunier, left to lead the Jeep unit of Fiat Chrysler Automobiles.

Ford plans to take medical transport venture nationwide

Ford Motor Co plans to expand its GoRide medical transportation service to 40 cities nationwide over the next four years, moving into Ohio and Florida this year and other large states by 2020, the company said on Tuesday.

FAA convenes multi-agency board to review Boeing software fix

The Federal Aviation Administration said on Tuesday it had convened a multi-agency Technical Advisory Board to review Boeing’s proposed software fix on the grounded 737 MAX.

Google demos car bookings by voice assistant at annual I/O event

Alphabet Inc's Google business on Tuesday demonstrated a way to rent cars automatically through voice commands to the company's virtual assistant tool, a new breakthrough for its artificial intelligence services.

Vaping companies facing European opposition to higher nicotine level

A push by makers of electronic cigarettes to raise nicotine levels in the European Union towards their far higher American levels is running into opposition, a senior executive at U.S. market leader Juul said on Tuesday.

Trade worries weigh on shares, yields, oil prices

Concerns over relations between the United States and China slammed global equity markets, oil futures and U.S. Treasury yields on Tuesday as investors fretted about setbacks in trade talks between the world's two biggest economies.

Related Videos

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS