Twitter on Tuesday announced that it will lay off 336 employees, 8 percent of its workforce, in accord with a restructuring plan launched with the naming of Jack Dorsey as the firm's CEO.
Wall Street was lower in muted trading on Tuesday on renewed fears of slowing growth in China and a drop in financial stocks ahead of the start of bank earnings.
General Electric Co. GE 0.00 % agreed to sell a major chunk of its U.S. commercial lending business to Wells Fargo WFC -0.48 % & Co.
On the surface, Dell's $67 billion buyout of EMC would seem to be all about going private. But this enormous tech deal also means the return of Dell to the public markets, just a few short years after the company fled them.
The beleaguered Pilgrim Nuclear Power Station, the only nuclear power plant in Massachusetts, will close by June 2019 because it's becoming too expensive to run, its owner announced Tuesday.