Amazon briefly edges out Apple for most valuable company
Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc.
White House seeks to end subsidies for electric cars, renewables
White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.
Brazil antitrust body raises concerns over Disney-Fox deal
Brazil’s antitrust regulator Cade said on Monday that a deal by Walt Disney Co to buy Twenty-First Century Fox’s entertainment assets raised concerns about undermining competition in the cable television market.
Relief rally boosts Wall Street on U.S.-China trade truce
Wall Street’s major indexes rallied on Monday following a truce between the United States and China in their trade dispute, which has clouded the outlook for the stock market for much of the year.
World stocks soar, dollar dips, yuan up on China-U.S. trade war ceasefire
A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while sending the dollar lower and the Chinese yuan and several trade-dependent currencies higher.
Disney amends CEO Iger’s pay package
Walt Disney Co said on Monday Chief Executive Officer Robert Iger has agreed to certain adjustments to his compensation package, which ties his paycheck to the company’s performance, as it nears the completion of its Twenty-First Century Fox acquisit…
GM CEO will meet with senators on job cuts Wednesday
General Motors Chief Executive Mary Barra will meet with Ohio’s two U.S. senators on Wednesday about the Detroit automaker’s plans to idle five North American plants and cut up to 15,000 jobs.
Oil surges almost 4 percent on trade truce, expected supply cuts
Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.
U.S.-China trade truce boosts Wall Street
Wall Street’s major indexes rallied on Monday following a trade truce between the United States and China, whose tensions have clouded the outlook for the stock market for much of the year.
U.S. top court signals it will buttress anti-fraud securities laws
U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an appeal by a New York investment banker who had been banned …
