Viacom, AT&T renew contract, avoid DirecTV blackout
Viacom Inc has renewed its carriage contract with AT&T Inc, avoiding a blackout of MTV, Nickelodeon and Comedy Central for users of the telecom carrier’s pay TV service DirecTV, the companies said on Monday.
Norwegian to lease planes, postpone sales after grounding of Boeing MAX
Norwegian Air will lease planes and postpone the sale of older models in its fleet following the grounding of Boeing 737 MAX aircraft, the airline said on Monday.
Boeing to brief on 737 MAX updates as Ethiopian backs planemaker
Boeing Co will brief more than 200 global airline pilots, technical experts and regulators this week on software and training updates for its 737 MAX aircraft, as Ethiopian Airlines expressed confidence in the planemaker despite a recent crash.
Biogen announces $5 billion buyback days after shelving Alzheimer’s trials
Biogen Inc said on Monday it would buy back shares worth $5 billion, days after its stock slumped on the drugmaker’s announcement to end two Alzheimer’s disease trials.
Oil prices hit by worries of sharp economic slowdown
Oil prices slipped on Monday, with concerns of a sharp economic slowdown overshadowing support from tighter supply due to OPEC’s production cuts and U.S. sanctions on Iran and Venezuela.
Hedge fund Appaloosa unimpressed by Allergan board promises
Activist investor Appaloosa LP said on Monday that Allergan Plc’s board was doing “everything except what needs to be done” in a series of concessions the drug company announced last week in response to criticism from the hedge fund.
Tradeweb Markets plans to raise up to $709 million in IPO
Tradeweb Markets Inc, an electronic trading platform for bonds and derivative instruments, said on Monday it is planning to raise up to $709 million in an initial public offering.
Goldman Sachs UK unit reports gender pay gap of 51 percent
Goldman Sachs’s British business on average paid women 51 percent less than men per hour in 2018, the U.S. investment bank said on Monday, down from 56 percent the year before.
Flattened yield curve reason to be nervous, but U.S. economy solid: Fed’s Evans
Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was still confident about the U.S. economic growth outlook.
Philadelphia Fed’s Harker sees no rate hike in short-term
The circumstances are not in place to raise U.S. interest rates again in the short-term, Philadelphia Federal Reserve President Patrick Harker said on Monday.
