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
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 monthlong truce.Marketsread 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
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
Uber is partnering with electric scooter start-up Lime, the companies said Monday.
It's the second scooter tie-up for Uber, which aims to be the leading one-stop-shop for transportation. The ride-hailing firm in April bought Jump Bikes, which also offers scooter rentals. Uber will make Lime rentals available in the app and add its logo to the lime-green scooters.
Uber has increasingly turned to partnerships and mergers as it competes with Lyft, which last week announced it was buying the firm behind New York's Citi Bikes and San Francisco's GoBikes. CNBC reported last week Uber had also looked at buying Motivate, but walked away.
Uber also plans to invest in Lime in a round led by Alphabet's GV venture arm. The cooperation is ironic given that Uber and Alphabet's self-driving car group, Waymo, were locked in litigation over trade secrets earlier this year; that lawsuit was settled in February. Alphabet has signaled a heavy interest in transportation through a series of acquisitions and internal projects.
Uber VP Rachel Holt said, "Our investment and partnership in Lime is another step towards our vision of becoming a one stop shop for all your transportation needs. Lime already has an expansive footprint, and we're excited to incorporate their scooters into the Uber app so consumers have another fast, affordable option to get around their city, especially to and from public transit."
The news was first reported by Bloomberg.
—CNBC's Paayal Zaveri contributed to this report.