Top News & Analysis United States

  • CAPE CANAVERAL, Fla.— On a personal quest to settle Mars, SpaceX founder Elon Musk envisions 1,000 passenger ships flying en masse to the red planet well within the next century, "Battlestar Galactica" style. Musk, who also runs electric car maker Tesla Motors, received a wildly warm reception at the International Astronautical Congress in Guadalajara, Mexico.

  • GUADALAJARA, Mexico, Sept 27- SpaceX is developing a massive rocket and capsule to transport large numbers of people and cargo to Mars with the ultimate goal of colonizing the planet, company chief and tech billionaire Elon Musk said on Tuesday. Musk outlined his plans for the Mars rocket, capable of carrying 100 passengers plus cargo per voyage, even as SpaceX is...

  • Sept 27- Stewart Information Services Corp, one of the largest U.S. title insurers, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, two people familiar with the matter said. The settlement with Starboard would involve replacing four sitting directors of its nine-member board, including...

  • At Monday's debate with Hillary Clinton, Donald Trump declared the need to renegotiate trade deals because U.S. trading partners are "taking our jobs." The backlash against trade threatens a pillar of U.S. policy since World War II: Through trade pacts and institutions like the World Trade Organization, the United States has sought to rip down barriers to global...

  • WASHINGTON, Sept 27- The U.S. Supreme Court on Tuesday rejected a request by Lynn Tilton, the New York financier accused by the Securities and Exchange Commission of defrauding investors, to put on hold an SEC enforcement action as she challenges the agency's in-house judicial proceeding against her. The court's action means that Tilton will face an Oct. 24...

  • *Iran, Libya, Nigeria should maximize output- Saudi Arabia. NEW YORK, Sept 27- Oil fell about 3 percent on Tuesday after Saudi Arabia and Iran dashed market hopes that the two major OPEC producers would find a compromise this week at meeting in Algiers to help ease a global glut of crude. Saudi Energy Minister Khalid al-Falih told reporters in the Algerian capital,...

  • WASHINGTON, Sept 27- A stop-gap funding bill to avoid a federal government shutdown later this week failed to garner enough votes to move forward in the Senate on Tuesday, with Democrats and Republicans both opposing the measure. The must-pass continuing resolution, or CR, which would keep federal agencies operating from Saturday through Dec. 9, received only 45...

  • NEW YORK— U.S. stocks closed higher after a survey showed consumer confidence is at a nine-year high, a sign Americans will keep spending in the months to come. Technology and consumer stocks made the largest gains. The Dow Jones industrial average jumped 133.47 points, or 0.7 percent, to 18,228.30.

  • WASHINGTON, Sept 27- The U.S. Supreme Court on Tuesday rejected a request by Lynn Tilton, the New York financier accused by the Securities and Exchange Commission of defrauding investors, to put on hold an SEC enforcement action as she challenges the agency's in-house judicial proceeding against her.

  • NEW YORK, Sept 27- U.S. long-dated Treasury debt yields fell to three-week lows on Tuesday on concerns about ongoing problems at Deutsche Bank, Germany's largest lender, which could again delay the next interest rate hike by the Federal Reserve. Deutsche Bank, whose stock has shed over 10 percent in the last two days and more than 50 percent so far this year, is...

  • CHICAGO, Sept 27- Caesars Entertainment Corp said on Tuesday it has struck a crucial $5 billion deal with most of its casino operating unit's creditors, resolving billions of dollars in legal claims and paving the subsidiary's way out of a costly bankruptcy. The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed in...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • Sept 27- Consumer and technology stocks, including Amazon, led gains on Wall Street on Tuesday, while a perceived win by Democrat Hillary Clinton in Monday's first presidential debate gave broader support to equities. Following the first of three presidential debates on Monday, Republican candidate Donald Trump vowed to hit Clinton harder after she put him on...

  • Carnival Corp., up $1.88 to $48.35. Kite Pharma Inc., up $5.06 to $60.04. American Express Co., up 86 cents to $64.28.

  • CINCINNATI _ Cintas Corp. on Tuesday reported fiscal first-quarter profit of $138.1 million. Cintas expects full-year earnings to be $4.55 to $4.63 per share, with revenue in the range of $5.16 billion to $5.23 billion. Cintas shares have risen 25 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 6 percent.

  • BEAVERTON, Ore. _ Nike Inc. on Tuesday reported fiscal first-quarter earnings of $1.25 billion. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Eight analysts surveyed by Zacks expected $8.85 billion.

  • WASHINGTON, Sept 27- A stop-gap funding bill to avoid a federal government shutdown later this week failed to garner enough votes to move forward in the Senate on Tuesday, with Democrats and Republicans both opposing the measure. The must-pass continuing resolution, or CR, which would keep federal agencies operating from Saturday through Dec. 9, received only 45...

  • CHANTILLY, Va.— Airline pilots and air traffic controllers are on schedule to switch to text communications at most of the nation's busiest airports by the end of the year, a milestone that holds the potential to reduce delays, prevent errors and save billions of dollars in fuel cost, says the Federal Aviation Administration. Controllers and pilots will still use...

  • HOUSTON _ Synthesis Energy Systems Inc. on Tuesday reported a loss of $11.6 million in its fiscal fourth quarter. The Houston- based company said it had a loss of 13 cents per share. For the year, the company reported that its loss narrowed to $23.1 million, or 27 cents per share.

  • *Oil prices recede on uncertainty over OPEC output talk. NEW YORK, Sept 27- Stock prices across major markets rose on Tuesday, led by U.S. technology and consumer sectors following the presidential debate between Hillary Clinton and Donald Trump, while oil prices fell on fading hopes of agreement on limiting production. Clinton would be a safe pair of hands, that...