Stocks

Asian shares fall on sign of escalating US-China tensions

Stocks are skidding Tuesday morning, putting the market back into the red for the year, as weak results from retailers and mounting losses for big technology companies compound the market's losses from the day before.

Business Highlights

___ Tech giants plunge again, pushing market into red for year NEW YORK (AP) — Stocks skidded again Tuesday as weak results from retailers and mounting losses for big technology companies pushed the market back into the red for the year.

Renault board: Ghosn to remain CEO while detained in Japan

The arrest of Nissan Motor Co.'s chairman Carlos Ghosn on charges he underreported his income and misused company funds caused the company's shares to tumble and shocked many in Japan who view him as something of a hero.

Kohl's tops same-store sales estimates, raises forecast

(Reuters) - Department store operator Kohl's Corp reported better-than-expected quarterly same-store sales on Tuesday, benefiting from its revamped stores and merchandise as well as its partnerships with Amazon.com and Under Armour.

Lowe's 3Q profit topped expectations

Lowe’s intends to exit its retail operations in Mexico and had identified other underperforming or non-core businesses and stores for divestiture.