Global stocks slide as investors remain cautious
An early gain on Wall Street fizzled and sent global stocks lower on Monday as investors remained cautious despite IBM’s $34 billion deal to purchase Red Hat Inc and Standard & Poor’s decision to keep Italy’s credit rating unchanged.
Google seeks to grant $25 million to AI for ‘good’ projects
Alphabet Inc’s Google announced on Monday that it would grant about $25 million globally next year to humanitarian and environmental projects seeking to use artificial intelligence (AI) to speed up and grow their efforts.
Google seeks to grant $20 million to AI for ‘good’ projects
Alphabet Inc’s Google announced on Monday that it would grant about $20 million globally next year to humanitarian and environmental projects seeking to use artificial intelligence (AI) to speed up and grow their efforts.
S&P 500 rebounds, helped by financials; Nasdaq in check
The S&P 500 and the Dow industrials rebounded on Monday, helped by gains in lagging financial shares, but declines for big tech and Internet stocks kept the Nasdaq in check as investors grappled with a recent spike in market volatility.
Airbus 2018 delivery goal questioned by analysts ahead of results
Airbus will have to equal a record final quarter for deliveries if the European planemaker is going to meet its overall 2018 targets following a series of production setbacks.
Oil falls as Russia signals output will stay high
Oil prices edged lower on Monday as Russia signaled output will remain high, but losses were limited ahead of U.S. sanctions on Iranian exports that are expected to reduce supplies when they come into effect in just under a week.
Global stocks pare gains as investors remain cautious
Global stocks pared their gains Monday as investors remained cautious despite IBM’s $34 billion deal to purchase Red Hat Inc and Standard & Poor’s decision to keep Italy’s credit rating unchanged.
GM says it favors fuel-efficiency rules based on historic rates
General Motors Co backs an annual increase in fuel-efficiency standards based on “historic rates” rather than tough Obama era rules or a Trump administration proposal that would freeze requirements, according to a federal filing made public on Monday….
Oil dips as Russia signals output will stay high
Oil prices edged lower on Monday, with futures on track for the worst monthly performance since mid-2016, after Russia signaled that output will remain high and as concern over the global economy fueled worries about demand for crude.
U.S. autos rise on report China proposes slashing car purchase tax
Shares of U.S. automakers rose on Monday after a report that China was considering halving its car purchase tax to 5 percent to support its struggling auto industry, which has been hit hard by the ongoing Sino-U.S. trade war.
