Coca-Cola shares jumped more than 4% after the company posted earnings and revenue that topped analyst expectations. United Technologies advanced nearly 2%.US Marketsread more
The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
In advance of Amazon's earnings report on Thursday, Craig Johnson says the stock chart is pointing to big gains. Mark Tepper also likes the stock.Trading Nationread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a month-long truce.Marketsread more
Lawmakers, industry representatives and advocates are testifying to the Senate committee about the challenges that cannabis companies face in states where medical or...Health and Scienceread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
Canada announced on Tuesday that, after a series of negotiations, it will join 10 other countries in signing a revised Trans-Pacific Partnership in March.
The deal, renamed Comprehensive and Progressive Agreement for Trans-Pacific Partnership, includes a renegotiated arrangement on autos with Japan and the suspension of intellectual property provisions that had been a concern for Canada.
The combined gross domestic product of the "CTPP ex-U.S." agreement amounts to $12.6 trillion, or 15.8 percent of world GDP. The TPP agreement, which collapsed after the United States pulled out, would have totaled $32 trillion in GDP, or 40 percent.
Still, the new deal without the United States will create a counter-balance to China's increasing economic dominance of the region.
Japanese Prime Minister Shinzo Abe and Australian Prime Minister Malcolm Turnbull led the creation of the new Pacific trade bloc. The administration of U.S. President Donald Trump has largely dropped American leadership on global trade, preferring one-on-one negotiations with other countries.
During his Tuesday appearance at the World Economic Forum in Davos, Switzerland, Canadian Prime Minister Justin Trudeau spent considerable time discussing the merits of international trade.
"If we are going to push back against the anti-trade tendency in globalization that will leave us all worse off, we have to put the concerns and the well-being of our ordinary citizens at the center of what we are negotiating, and that is what 11 of us have been able to do with the CPTPP," Trudeau said.
"We are also very much open to more trade deals involving more people as long as it is in the best benefit of all of our citizens," he said.
On the subject of trade deals still involving the U.S., Trudeau said on Tuesday that Canada is working to persuade Trump that the North American Free Trade Agreement is in the interest of the U.S., Canada and the rest of the world.
"We are working very hard to make sure our neighbor to the south recognizes how good NAFTA is and that it has benefited not just our economy but his economy and the world's economy," Trudeau said.
—CNBC's Ted Kemp and Everett Rosenfeld and Reuters contributed to this report.