Marley Jay, Associated Press | Posted Feb 21st - 2:55pm
Stocks again broke records Tuesday as investors came back from a long weekend hungry for deals. While Kraft Heinz and Unilever couldn't complete a proposed $143 billion mega-merger, food and household goods makers rose as investors bet that other deals are coming.
Holdovers "The Lego Batman Movie" and "Fifty Shades Darker" led the North American box office for a second week, while Matt Damon's "The Great Wall" — a hit in China, where it was made — struggled in its domestic debut.
Anne D'Innocenzio, Associated Press | Posted Feb 21st - 2:49pm
Macy's, the nation's largest department store chain, says its earnings for the quarter that includes the holiday period dropped nearly 13 percent as results were dragged down by lower sales, store closures and other costs.
Michael Liedtke and Tali Arbel, Associated Press | Posted Feb 21st - 2:46pm
Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.
An out-of-service subway train rear-ended a stopped train in a railyard Tuesday, causing some cars to jump the track and hit a third train, officials said. Four people were injured, including an operator hospitalized in critical condition.