Wall Street’s S&P communication sector starts with a whimper
The new S&P 500 communication services sector , which includes such high-profile names as Facebook , Alphabet and Netflix , made its debut on Monday, after the largest-ever overhaul of Wall Street’s broad business sectors.
Sirius XM to buy Pandora in $3.5 billion streaming push
Satellite radio company Sirius XM Holdings Inc will buy online music service Pandora Media Inc in a $3.5 billion all-stock deal that will help it battle growing competition from streaming rivals Spotify and Apple Music.
Wall Street lower as industrials, tech fall on trade woes
U.S. stock indexes fell on Monday, with industrial and technology shares bearing the brunt of the latest round of U.S.-China tariffs as neither country showed signs of backing down from a protracted trade war.
Sky’s shares jump after Comcast wins auction with big bet
Sky shares jumped 9 percent on Monday to within touching distance of what Comcast will pay to buy Europe’s biggest pay-TV group after seeing off competition from Twenty-First Century Fox .
Wall Street opens lower on trade woes, tech drop
U.S. stocks opened lower on Monday, led by declines in technology stocks and as the latest round of U.S.-China tariffs took effect.
Apple, Salesforce team up to bring Siri to more business apps
Apple Inc and Salesforce.com Inc are entering a partnership in which the iPhone maker will help Salesforce build the iPhone maker’s features such as its Siri voice assistant deeper into Salesforce’s own mobile apps, which are widely used in the sales…
Michael Kors snaps up Italy’s Versace: sources
U.S. fashion group Michael Kors Holdings Ltd has agreed to take control of Italy’s Versace in a deal that could value the company at $2 billion, sources familiar with the matter said on Monday.
T-Mobile revamps prepaid brand to spruce up image
T-Mobile US Inc said Monday it is renaming its prepaid brand to Metro by T-Mobile and adding two new unlimited phone plans that will include perks like Google One cloud storage and Amazon Prime, in an effort to remove the perception that prepaid plan…
Uber’s strongest growth comes in depressed Argentina — minus commissions
Uber’s fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation’s sudden economic unraveling, which has boosted unemployment and sliced the purchasing power of Argentines.
Symantec ends accounting probe without major revision to results
Symantec Corp said on Monday that it would not restate previous financial results except for a specific $13 million transaction, following a four-month long probe into the Norton anti-virus maker’s accounting practices, sending its shares up about 4 p…
