Wall Street opens higher on trade progress, China data
U.S. stocks opened higher on Monday, as a surprise recovery in China factory activity and further signs of progress in the U.S.-China trade talks helped extend last quarter’s upbeat mood.
Kellogg to sell Keebler cookie unit, other assets to Ferrero for $1.3 billion
Kellogg Co said on Monday it would sell some assets including cookie brands Keebler and Famous Amos to Nutella maker Ferrero Group for $1.3 billion, to focus on its core cereal and snacks businesses.
FAA says glitch fixed, U.S. airlines back up
U.S. airlines were back in operation on Monday after a series of system-wide outages delayed flights and fired-up customer complaints on social media.
Airbnb to invest $100-200 million in India’s OYO – source
Home-renting company Airbnb will invest between $100 and $200 million in SoftBank Group-backed Indian hotel start-up OYO, a source with direct knowledge of the matter told Reuters, as it dives deeper into the hotel-booking business.
Weak February U.S. retail sales underscore slowing economy
U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades.
U.S. airlines hit by system-wide outages
U.S. airlines were hit by system-wide computer outages on Monday related to problems with the Aerodata planning weight and balance program, the Federal Aviation Administration said.
U.S. retail sales unexpectedly fall in February
U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades.
Aramco eclipses top earner Apple ahead of debut $10 billion-plus bond sale
Saudi Aramco, the world’s biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the state-owned company showed on Monday ahead of its debut international bond issue.
EasyJet summer clouded by Brexit, economic weakness
Budget airline EasyJet warned on Monday that European travelers were holding off booking their summer holidays for fear of how the Brexit process will end, weakening demand for tickets and prices.
When it comes to disclosing sponsors, your Google Assistant may be mute
On stage at an investor conference last month, Google’s Chief Business Officer Philipp Schindler identified a vexing challenge for the company’s most prized app: its virtual assistant.
