Author: Reuters

William Ackman said on Tuesday his activist hedge fund Pershing Square Capital Management LP has built a roughly $900 million position in Starbucks Corp , betting the world’s biggest coffee chain can overcome stagnant...

William Ackman said on Tuesday his hedge fund Pershing Square Capital Management has taken a roughly $900 million position in Starbucks Corp as he sees a chance for the world’s biggest coffee chain to reignite growth even...

European Union nations, voicing concern over a U.N. report on global warming, agreed on Tuesday to seek a 35 percent cut in car emissions by 2030, as Germany warned that overly challenging targets risked harming industry and...

Stocks on major world markets edged lower on Tuesday, with a decline in the materials sector offsetting rising energy shares, while long-dated U.S. Treasury yields pulled back from multi-year highs and helped weaken the U.S....

The Dow and S&P 500 ended slightly lower on Tuesday as investors, worried about global growth prospects, fled from materials and industrials stocks but falling bond yields kept declines in check in the three major...