03:23 PM EDT, 04/28/2026 (MT Newswires) -- Oaktree Capital Management has sued BJ's Wholesale Club Holdings (BJ), alleging the company backed out of a deal to sell its rights to about $29 million in tariff refunds, Bloomberg reported on Tuesday. Oaktree alleged BJ's agreed to sell the claims for roughly $20 million, but later walked away as the value of...

03:26 PM EDT, 04/28/2026 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 0.7% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.7%. In corporate news, United Parcel Service ( UPS ) maintained its 2026 revenue outlook as the package delivery giant flagged...

03:27 PM EDT, 04/28/2026 (MT Newswires) -- Boeing ( BA ) said Tuesday it has secured an order for 40 of its 737 MAX airplanes from Copa Airlines, with options for up to 20 more aircraft. Financial details weren't provided. The Panamanian carrier aims to expand its fleet by more than 100 737 MAX aircraft to grow and modernize its...

April 28 (Reuters) - Joby Aviation ( JOBY ) is conducting a week-long test of the first point-to-point air taxi demonstration flights in New York City as the company gets closer to winning government approval to deploy commercial electric vertical takeoff and landing aircraft. The tests this week of the aircraft known as eVTOLs are under a pilot program announced...