U.S. stock futures were pointing to a mixed Tuesday open on Wall Street, after the biggest one-day declines for the Dow and S&P 500 in nearly a month. The Dow traded in a 544-point range during Monday's session. div > div.group > p:first-child"> Shares of Target surged in premarket trading after the retailer this morning beat estimates with fourth-quarter earnings, revenue, and same-store sales. Target also delivered a rosier full-year forecast for fiscal 2019.
Senate Majority Leader Mitch McConnell conceded that he could not stave off final passage of a resolution overturning the president's national border emergency declaration. McConnell is exploring whether he can amend the House-passed resolution of disapproval. China must be prepared for a "tough struggle" as the country faces a"grave and more complicated environment," Premier Li Keqiang said at the opening of the annual National People's Congress today, the country's annual parliamentary meeting. * Huawei says it would never hand data to China's government. Experts say it wouldn't have a choice
OxyContin-maker Purdue Pharma is exploring bankruptcy protection amid accusations of igniting a nationwide opioid crisis by ruthlessly marketing and misleading doctors and patients about the dangers of the highly addictive narcotic. Papa John's reached an agreement with its founder John Schnatter, under which he would leave the board after a mutually acceptable independent director was appointed.
Bugatti, the French sports car brand owned by German automaker Volkswagen, unveiled today the most expensive new car ever built, the Bugatti La Voiture Noire with a price tag of $19 million. It was developed to mark Bugatti's 110th anniversary. Barrick Gold CEO Mark Bristow said he wants to speak to rival gold miner Newmont Mining about a possible Nevada joint venture, even as Newmont rejects Barrick's $18 billion takeover bid as inadequate.
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