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Jury in Manafort case appears closer to verdict, queries judge
Jurors in the trial of former Trump campaign chairman Paul Manafort signaled on Tuesday they were struggling to reach agreement on one of the 18 counts of financial crimes he faces, in a sign they may be closer to a verdict on the fourth day of deliberations.

American Airlines cuts second U.S.-China flight; cites fuel, competition
American Airlines is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier said on Tuesday, citing higher fuel costs and a "competitive environment."

Senator Collins: Trump's court pick says Roe v. Wade settled law
U.S. President Donald Trump's Supreme Court pick Brett Kavanaugh agrees with the court's Chief Justice John Roberts that the landmark Roe v. Wade ruling that legalized abortion is settled law, Senator Susan Collins said on Tuesday.

EPA unveils weaker alternative to Obama power plant rule
The Trump administration on Tuesday proposed replacing a signature Obama-era policy to combat climate change with a weaker plan that would let states write their own rules on coal-fired power plants, prompting critics to warn of dire environmental and health consequences.

FDA extends EpiPen expiry date to combat shortage
The U.S. Food and Drug Administration on Tuesday extended the expiration date of specific lots of Mylan NV's EpiPen allergy injectors by four months to mitigate the shortage of the life-saving treatment.

U.S. imposes fresh sanctions for Russian cyber-related activity
The United States on Tuesday imposed sanctions on two Russians, one Russian company and one Slovakian company for what Washington said were their actions to help another Russian company avoid sanctions over the country's malicious cyber-related activities.

Senate vote on Russia sanctions unlikely in September: McConnell
Legislation warning Russia it would face heavy U.S. sanctions if it were found interfering in November's congressional elections will not be voted on anytime soon, Senate Majority Leader Mitch McConnell said on Tuesday, although he cited his strong interest in such a bill.

S&P hits record high, equals longest-ever bull run
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports in the consumer sector and relative calm in the ongoing trade dispute between the United States and China.

U.S. buyback announcements slow, but on track for $1 trillion: TrimTabs
U.S. companies' taste for their own shares is set to push buybacks past the $1 trillion-a-year mark for the first time as soon as November, TrimTabs Investment Research said, even as its latest data showed the pace of new repurchase announcements slowing during the second-quarter reporting season.

The bull that won't die: S&P 500 back at a record after months on ice
After a seven-month stall, Wall Street's bull market looks back on track, thanks to Amazon.com , Alphabet and other high-flying technology and consumer discretionary companies.

 

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