Karen Peetz to retire from Wells Fargo board
Wells Fargo & Co said on Monday board member Karen Peetz has decided not to stand for reelection after roughly two years on the board.
Stocks rise on trade talk optimism; rate outlook hits dollar
An index of world stocks rose on Monday, adding to Friday’s strong gains, on optimism about the outcome of trade talks between Washington and Beijing.
Amazon, Netflix help Wall Street build on rally
Amazon.com Inc and Netflix Inc fueled a second straight session of gains on Wall Street on Monday, with the resumption of U.S.-China trade talks helping ease concerns that have pummeled the market in recent months.
Oil rises; lifted by OPEC cuts, steadying stock market
Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets.
Canada auto union head to meet with GM on Tuesday
The head of Canada’s auto union said on Monday he was set to meet with General Motors Co executives in Detroit on Tuesday to discuss the automaker’s Oshawa, Ontario, assembly plant, scheduled to shut down in December 2019.
Major Wall Street players plan exchange to challenge NYSE, Nasdaq
Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies plan to launch a low-cost bourse that will compete with the New York Stock Exchange and Nasdaq.
Trade talk optimism boosts stocks; rate outlook hits dollar
An index of world stocks rose on Monday, adding to Friday’s strong gains, on optimism about the outcome of trade talks between Washington and Beijing.
SoftBank to slash planned WeWork investment: FT
SoftBank Corp is in talks to invest $2 billion in U.S. shared office space provider WeWork Cos Inc this year, a much lower amount than the $16 billion discussed towards the end of last year, the Financial Times reported on Monday.
Wall Street extends rally to second day on trade optimism
Amazon.com Inc and Microsoft Corp fueled a second straight session of gains on Wall Street on Monday, with the resumption of U.S.-China trade talks helping ease concerns that have pummeled the market in recent months.
Activist Starboard seeks Dollar Tree board changes, disposal
Activist hedge fund Starboard Value LP on Monday called on Dollar Tree Inc to sell its underperforming Family Dollar business and proposed replacing a majority of the board after revealing a stake in the U.S. discount retailer.
