Intuit is set to acquire the privately-owned personal finance platform Credit Karma in the cash-and-stock deal worth around $7.1B, as Intuit seeks expansion into consumer finance.
On Tuesday, Macy's holiday-quarter results topped Wall Street's expectations, but left investors sceptical about the company's cost-cutting strategy, while intense online competition brought its shares down almost 5%.
Mastercard reported on Tuesday that Ajay Banga, its Chief Executive Officer, would resign at the beginning of 2021 and would be succeeded by Michael Miebach, the tech company's Chief Product Officer.
On Tuesday, Thomson Reuters announced a new appointment of the former Nielsen Holdings head Steve Hasker as the news agency's new CEO, succeeding Jim Smith.
JPMorgan Chase & Co has largely maintained its key financial targets for the profit at Tuesday's annual investor day and also raised the lender's financial commitment for the clean-energy initiatives, Reuters said.
Britain's Revolut, the digital banking app, has attracted $500M in its latest funding round, confirming the Uk-based unit as one of the most valuable financial tech companies in the world with the $5.5B valuation.
ANA Holdings Inc order 15 more Boeing's 787 Dreamliners valued at $5B, the first announcement of a commercial order for the US planemaker in 2020 on the back of the smaller 737 MAX grounding.
Switzerland's regulator FINMA announced on Tuesday that the emergency plans of Credit Suisse and UBS aimed at dealing with the financial crisis are considered effective.
China's main manufacturing hubs have resumed operations on Tuesday after the coronavirus shutdown with more traffic on the roads during the rush hours.
The world's largest online retailer Amazon.com is launching the cashier-less store technology "Amazon Go Grocery" in Seattle's Capitol Hill, seeking to expand its physical presence and target more of shoppers' weekly spend via groceries.
On Tuesday, crude oil price benchmarks steadied above the $56 level, as a Libyan supply decrease balanced out recent concerns over global demand.
Britain's largest retailer Tesco has finalised its exit from the Asian country with the £275M sale of the company's joint venture stake to Chinese group China Resources Holdings.
Southeast Asia's ride hailing firm Grab is attracting $706M from Mitsubishi UFJ Financial Group and $150M from the Japanese IT services company TIS Inc, seeking aggressive expansion into financial services.
US Supreme Court rejected Apple's appeal to avoid paying around $440M in damages for VirnetX's internet security technology with no permission in FaceTime video calling and similar features.
The US Department of Commerce stated on Monday that it had found Chinese woodwork imports that were being sold below fair value.
On Monday, Teck Resources announced that it is cancelling the $15.6 billion oil sands project in Canada, Alberta.
On Monday, Airline company stock prices plummeted, as a global decline in travel was expected due to the spread of the coronavirus.
On Monday and Tuesday, stock indices declined. The spread of the coronavirus was blamed for the fall in stock values.
Germany's generic drugmaker Stada agreed to acquire 15 consumer healthcare brands from Britain's GlaxoSmithKline to further boost the company's prescription-free European drugs business.
US Supreme Court rejected on Monday Apple's appeal to avoid paying around $440M in damages for VirnetX's internet security technology with no permission in FaceTime video calling and similar features.
Steven Mnuchin, the US Treasury Secretary, claimed he saw no signs of the coronavirus to have any material impact on the US-China trade deal's Phase 1, although the situation could change after more data to be revealed in weeks.
SoftBank led a new round of funding worth $165M in the US-based start-up Karius and invested $100M in the AI firm Behavox with the intention to build a portfolio under the tech giant's second Vision Fund.
Mastercard has plans to hire 1,5K more employees to its Dublin global technology hub during the following three-to-five years, the US credit card issuer stated on Monday.
The British newspaper owner Reach is planning to raise the number of registered users to 7M by the current year's end, seeking to secure its UK newspapers' future.