Anne D'Innocenzio, Associated Press | Posted Feb 21st - 10:44am
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.
Marley Jay, Associated Press | Posted Feb 21st - 9:54am
Stocks are breaking records again Tuesday as the market resumed its climb after a holiday break. Energy companies are rising with the price of oil. Consumer goods giant Kraft Heinz is falling after it withdrew a $143 billion offer for competition Unilever, but several other food and household goods makers are rising as investors bet Kraft will make an offer for one of those companies instead.
French presidential candidate Emmanuel Macron met British Prime Minister Theresa May in London Tuesday — and said he hopes to lure skilled workers away from the U.K. after it leaves the European Union.
European Union finance ministers agreed Tuesday to roll out further measures to prevent multinational companies from exploiting differences in tax rates between countries in the 28-country EU and those outside the bloc.
Thousands of Italian taxi drivers protesting legislation they say will favor Uber clashed with riot police Tuesday, intensifying a weeklong cab strike that has crippled transportation in Rome, Milan and Turin.
Michael Liedtke and Tali Arbel, Associated Press | Posted Feb 21st - 9:20am
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.