SAN FRANCISCO - Twitter said Tuesday it would jettison up to 336 people -- roughly 8% of its workforce -- as part of a restructuring CEO Jack Dorsey says will place the social network "on a stronger path to grow.
U.S. stocks opened lower on Tuesday after weak Chinese trade data reinforced views that the world's second-largest economy was losing momentum.
LONDON—Oil prices switched between gains and losses Tuesday as a top energy watchdog said the global crude glut, which has battered prices since last year, will continue into 2016.
LONDON— Barclays BCS 0.13 % PLC's plan to name Jes Staley as chief executive adds a new dimension to the lender's love-hate relationship with investment banking—and introduces fresh uncertainty over strategy.
General Electric Co. GE 0.07 % has reached an agreement to sell the largest remaining chunk of its U.S. financial services business to Wells Fargo WFC 0.08 % & Co.