Reuters Company News

Texas as early as this fall could tighten some rules for the controversial practice of natural gas flaring, the head of the state's regulatory commission said on Tuesday.

Oracle Corp reported quarterly revenue below Wall Street targets on Tuesday as its traditional licensing business underperformed because the coronavirus crisis delayed purchases from clients in hospitality, retail and other sectors.

* Indexes up: Dow 2.04%, S&P 1.90%, Nasdaq 1.75% (Updates with prices)

Business software maker Oracle Corp reported quarterly revenue below Wall Street targets on Tuesday, hurt by weaker sales in its traditional software licensing business as the coronavirus crisis delayed purchases from clients in certain sectors.

Latin American stocks joined a global rally on Tuesday as hopes of more global stimulus and upbeat U.S. data lifted sentiment, although most regional currencies turned to

Six former eBay Inc employees have been criminally charged with mounting a cyberstalking campaign against a Massachusetts couple whose online newsletter they viewed as critical of the e-commerce company, U.S. prosecutors announced on Monday.

Wall Street advanced on Tuesday as the prospect of additional stimulus and a record jump in retail sales suggested the U.S. economy could bounce back sooner than expected, five months into its pandemic-inflicted recession.

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

A fifth-generation (5G) telecoms tender in Brazil should not be contaminated by ideological battles with China and more competition will lead to better prices for consumers, the head of the lower house said on Tuesday.

Shale producer Devon Energy Corp has curtailed roughly 10,000 barrels per day of oil production, its chief executive said at an energy conference on Tuesday, but said Devon still expects to end the year with output flat with 2019 levels.

AT&T Inc plans to cut more than 3,400 technician and clerical jobs across the country over the next few weeks, the wireless carrier told its main labor union, the Communications Workers of America, on Tuesday.

Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers.

U.S. Treasury yields rose on Tuesday as hopes of further fiscal stimulus boosted risk appetite, and after data showed a record rise in U.S. retail sales in May. Stocks gained on a report that the Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world's largest economy back to life. Risk sentiment was further uplifted after the Comm

A record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment boosted risk appetite on Tuesday, driving global equity markets higher and strengthening the dollar.

A bipartisan group of U.S. senators introduced a bill on Tuesday to reform aircraft certification following two fatal Boeing Co 737 MAX crashes, lawmakers said in a statement.

Greece's Alpha Bank is in talks with at least five U.S. investment firms including Cerberus and PIMCO in a fresh attempt to offload a portfolio of bad debt worth more than 10 billion euros ($11.3 billion), two sources told Reuters.

Shares of Royalty Pharma Plc jumped 57.1% in their Nasdaq debut on Tuesday, another sign that demand for new stocks has recovered after the coronavirus crisis had stalled potential listings.

A U.S. appeals court on Tuesday upheld a ruling that struck down a Trump administration rule that required pharmaceutical companies to include the wholesale prices of their drugs in television advertisements.

A former Morgan Stanley diversity officer filed a lawsuit against the bank on Tuesday, alleging the firm committed acts of racial discrimination and retaliation against her and violated equal pay laws, according to a court filing.

Instructure Inc has tapped Steve Daly as its chief executive officer, less than three months after selling itself to private equity firm Thoma Bravo and tangling with shareholders who had laid out a string of complaints long before the sale.