Former Goldman programmer fails, again, to toss theft conviction

A New York state appeals court on Tuesday refused to toss out a former Goldman Sachs Group Inc computer programmer's theft conviction, rejecting his claim that he was wrongly prosecuted twice for the same conduct.

Fed's Powell: Outlook 'favorable', steps to address money market volatility coming 'soon'

U.S. Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts amid global economic risks, and said the time to allow the Fed's asset holdings to begin to expand again "is now upon us" in order to ensure money markets function smoothly.

Powell: Time for Fed to expand balance sheet 'now upon us'

Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts amid global economic risks, and said the time to allow the Fed's asset holdings to begin to expand again "is now upon us" in order to ensure money markets function smoothly.

Binding Alitalia offer can be made by October 15 deadline: Italy minister

Italian Industry Minister Stefano Patuanelli said on Tuesday he believed a binding offer for struggling airline Alitalia could be presented by an Oct. 15 deadline, saying the date would not be shifted again.

Indexes briefly cut losses in choppy trade after Powell comments

U.S. stocks briefly cut losses in choppy trading on Tuesday after Federal Reserve Chairman Jerome Powell suggested openness to further rate cuts and said the time has come to allow the Fed's asset holdings to begin to expand again.

Boeing 737 MAX timetable uncertain as regulators continue safety review

U.S. and European Union regulators said on Tuesday they were still reviewing Boeing Co's changes to 737 MAX software after two fatal crashes, throwing into question the speed at which the grounded aircraft can return to service.

Netflix to make movies in Italy with Berlusconi's Mediaset

U.S. streaming service Netflix has struck a deal with Italy's top commercial broadcaster Mediaset to produce films in the country, the two companies said on Tuesday, as they try to grab new viewers in a competitive market.

U.S. expands blacklist to include China's top AI startups ahead of trade talks

The U.S. government widened its trade blacklist to include some of China's top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week.

Europe says assessing 737 MAX software, downplays talk of split

The European Union Aviation Safety Agency (EASA) said on Tuesday it was still assessing proposed changes to Boeing software for the grounded 737 MAX and had yet not found anything that would undermine hopes for a coordinated return to service.

Rising U.S.-China tensions dim hopes for end to trade war

Beijing sharply rebuked Washington on Tuesday for adding some top Chinese artificial intelligence startups to its trade blacklist, dimming hopes for progress in high-level talks aimed at ending a 15-month trade war between the two economic giants.

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