Japan Inc backs Abe’s tough trade stance vs South Korea amid row: Reuters poll
Japanese companies broadly support Prime Minister Shinzo Abe’s tough trade stance against South Korea, a Reuters poll found.
Top U.S. CEOs say companies should put social responsibility above profit
Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday.
General Electric fortifies defense against charges of bogus accounting
General Electric Co reinforced its defense of its accounting practices on Monday after investors asked more questions about an unusual research report last week that accused the jet engine and power plant maker of financial fraud.
Wall Street rallies on hopes of global economic stimulus
U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell.
U.S. tech industry leaders: French digital service tax harms global tax reform
Major tech firms and U.S. tech industry groups said on Monday that France’s new digital services tax undermines the global tax regime and multilateral efforts to reform it.
Judge dismisses turnaround guru’s racketeering case vs McKinsey
A federal judge dismissed claims on Monday by turnaround pioneer Jay Alix that McKinsey & Co violated racketeering laws when the consulting firm expanded into advising bankrupt U.S. companies.
Wall Street rallies as investors cheer global stimulus efforts
U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell.
Who is next in big pharma’s merger spree?
Consolidation in the U.S. healthcare industry, which has already witnessed a string of multi-billion dollar deals, is expected to remain a major theme for the rest of 2019.
Plant-based meat alternatives crowd U.S. grocery stores
Plant-based meat alternatives have seen booming interest from consumers, prompting a growing number of companies to enter the space in hopes of carving out a spot for their products in the competitive supermarket aisle.
Oil rises 2% after attack on Saudi field, stimulus expectations
Oil prices gained roughly 2% on Monday after a weekend attack on a Saudi oil facility by Yemen’s Houthi forces threatened crude supplies and as traders looked for signs that top economies would take measures to counteract a global slowdown.
