Tech leads U.S. stocks higher; oil gains
U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.
S&P 500 climbs toward record high, earnings in focus
The S&P 500 climbed toward a record high on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon later this week.
Equifax’s $700 million data breach settlement spurs criticism, calls for new rules
Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and some…
Huawei’s U.S. research arm sends workers packing
Futurewei Technologies Inc, the U.S. research arm of China’s Huawei Technologies Co Ltd, began laying off workers on Monday, according to employees including one who spoke to Reuters as he left the company’s Silicon Valley campus.
Trump expected to attend White House tech meeting where Huawei will be discussed: sources
U.S. President Donald Trump is expected to drop in on a Monday meeting of top technology companies, including the chief executives of Intel Corp and Broadcom Inc, held to discuss blacklisted Huawei Technologies Co Ltd and other topics, two people brief…
Blackstone weighs Cheniere Energy Partners stake sale: Bloomberg
Blackstone Group Inc is considering selling its stake in LNG producer Cheniere Energy Inc’s limited partnership seven years after investing about $1.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.
Lloyds and Standard Life Aberdeen to settle 100 billion sterling funds row: Sky News
Lloyds Banking Group PLC will pay about 140 million pounds ($174.72 million) to Standard Life Aberdeen PLC (SLA) to settle a legal fight over the future of a 100 billion pound asset management mandate, Sky news reported on Monday.
Huawei executive says ‘concerned’ about Canadians held in China
The Canadian unit of China’s Huawei Technologies Co Ltd sought to distance itself from the actions of the Chinese government on Monday, with a top local executive saying the company is worried about two Canadian men being held by Beijing.
S&P 500 climbs toward record, marquee reports in focus
The S&P 500 climbed toward a record high on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon later this week.
Equifax’s $700 million data breach settlement spurs calls for new rules
Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules.
