U.S. stocks extended their recent selloff on Tuesday, with the S&P 500 hitting a three-week low, as energy shares dropped with oil prices and retailers including Target and Kohl's sank after weak earnings and forecasts. Target Corp shares slumped 9.5 percent after third-quarter profit missed analysts' estimates. The company's investments in its online business, higher wages and price cuts hurt margins. Department store operator Kohl's Corp shed 7.8 percent after its full-year profit… Read Full Article
For the past decade, Sheryl Sandberg has been the poised, reliable second-in-command to Facebook CEO Mark Zuckerberg, helping steer Facebook's rapid growth around the world, while also cultivating her brand in ways that hint at aspirations well beyond the social network. But with growing criticism over the company's practices, or lack of oversight, her carefully cultivated brand as an eloquent feminist leader is showing cracks. Questions these days aren't so much about whether she'll run for… Read Full Article
A new Quinnipiac University poll shows most American voters approve of President Donald Trump's handling of the economy. Fifty-three percent of the voters surveyed approved of the way he has overseen the economy, his most favorable rating ever on the issue, the poll found. Forty-two percent said they did not approve of his economic policies. More than half of voters, 54 percent, disapprove of Trump's overall job performance, compared to 41 percent who believe he is doing a good job. On… Read Full Article
Analysts say Boeing Co. is canceling a conference call that it scheduled to discuss issues around its newest plane, which has come under scrutiny since a deadly crash in Indonesia. The company didn't immediately give an explanation Tuesday. CFRA Research analyst Jim Corridore said canceling the call as “a bad look for the company'' when it's facing questions about potential problems with sensors on the 737 MAX. U.S. airline pilots say they weren't told about a new feature that could… Read Full Article
Chinese leader Xi Jinping visited the Philippines on Tuesday to further strategic gains made under President Rodrigo Duterte, who hailed a "new impetus" behind a relationship that his massive infrastructure ambitions could depend on. Xi's visit comes two years after the maverick Duterte declared he was reorienting his foreign policy away from longtime ally the United States and towards China, despite decades of mistrust and bitter maritime disputes with Beijing. Duterte is facing criticism… Read Full Article
While STEM — science, technology, engineering and math — is a top choice of study and career paths at U.S. colleges and universities, many schools are not keeping their campus computer networks up to speed. Research suggests it is becoming routine for the schools to limit their spending on information technology, or IT. In October, the Campus Computing Project, which studies how American higher education uses IT, reported that two-thirds of IT offices among 242 public and private schools… Read Full Article
The president points to Saudi investments in the US amid anger over writer Jamal Khashoggi's murder.
Gunmen enter a school in Kumba in the restive English-speaking area, abducting 20 pupils.
Favorable weather is helping get the Thanksgiving travel rush off to a smooth start. By midday Tuesday, just a few dozen flights had been canceled around the U.S. That's fewer cancelations than many regular travel days. The AAA auto club predicts that 54.3 million Americans will travel at least 50 miles from home between Wednesday and Sunday, the highest number since 2005 and about a 5 percent increase over last year. AA says 48 million will drive and 4.7 million will fly. Looking… Read Full Article