Walt Disney Co's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood's most powerful studio.
U.S. airlines and hotels are extending options for customers to rebook travel to a growing list of countries, including Italy, as coronavirus cases spiked outside of China and sparked fears of a global pandemic.
Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows.
SpaceX, the private rocket company of high tech entrepreneur Elon Musk, won final approval on Tuesday to build a research and manufacturing plant for its deep-space Starship project on a tract of vacant land at the Port of Los Angeles.
Mattel Inc had received a subpoena in December from the U.S. Securities and Exchange Commission seeking documents related to a whistleblower letter and subsequent investigation, the U.S. toymaker said in a filing on Tuesday.
The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls found.
Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday events are still too fluid around the coronavirus outbreak to say the U.S. central bank needs to lower short-term rates, the Wall Street Journal reported on Tuesday.
Wall Street's main semiconductor benchmark tumbled into correction territory on Tuesday in its deepest four-day rout since the financial crisis, as the coronavirus spread further around the world and deepened fears about the global economy.
The Dow and the S&P 500 tumbled 3% on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and investors offloaded risky assets as they struggled to gauge the economic impact.
Fiat Chrysler Automobiles NV (FCA) Chief Executive Mike Manley received compensation of 13.28 million euros ($14.45 million) for 2019, in line with a target set by the company, the Italian-American automaker said in a filing on Tuesday.
Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company.
U.S. Trade Representative Robert Lighthizer will meet with Britain's trade minister Liz Truss this week, British government officials said on Tuesday, as the two allies gear up for post-Brexit trade talks that could prove contentious.
The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc.'s lack of system safeguards in a fatal 2018 Autopilot crash in California and called U.S. regulators' approach in overseeing the driver assistance systems "misguided."
Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file for bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic.
Three Democratic U.S. senators on Tuesday introduced sweeping legislation to reform how new airplanes are certified and overseen by U.S. regulators after two fatal Boeing 737 MAX crashes killed 346 people.
Technology shares -- a key engine of the stock market's climb to records over the last several months -- are now among those leading Wall Street's plunge on growing concerns over the coronavirus outbreak.