Wall Street Slips as US-China Trade Fears Rise

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U.S. stocks slid Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. The Dow Jones Industrial Average posted its second-biggest daily percentage drop of the year, while the S&P 500 and Nasdaq…


Porsche Fined 535 Million Euros Over Diesel Cheating

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German sports car maker and Volkswagen subsidiary Porsche will pay a 535-million-euro ($598 million) fine over diesel vehicles that emitted more harmful pollutants than allowed, Stuttgart prosecutors said Tuesday. "The Stuttgart prosecutor's office has levied a 535-million-euro fine against Porsche AG for negligence in quality…