Wall St ends up slightly; tech gains offset energy losses
NEW YORK (Reuters) – U.S. stocks ended slightly higher on Monday as gains in Apple and other tech shares helped offset a slump in energy as well as concerns about an escalating trade war between Washington and its trading partners.
Dell moves to go public, spurns IPO
(Reuters) – Dell Technologies Inc said on Monday it would pay $21.7 billion in cash and stock to buy back shares tied to its interest in software company VMware Inc , returning the computer maker to the stock market without an initial public offering.
Wall Street lower as energy stocks, tariff worries weigh
(Reuters) – U.S. stocks fell on Monday as a drop in Brent crude prices dragged energy stocks lower amid a broader market decline due to an escalating trade war between Washington and its trading partners.
Tesla shares fall despite hitting Model 3 production target
(Reuters) – Shares of Tesla Inc reversed course to trade down 4 percent on Monday after Wall Street analysts questioned the electric carmaker’s ability to maintain an increase in production that helped it meet a long-elusive target of making 5,000 Mo…
U.S. fund managers zero in on software as tariffs upend tech sector
NEW YORK (Reuters) – Worries that a broadening trade war between the United States and China will upend the global supply chain are prompting some U.S. fund managers to buy shares of companies they believe will shield them from such disruptions.
Energy stocks, trade fears weigh on Wall Street
(Reuters) – U.S. stocks fell on Monday as a drop in oil prices dragged energy stocks lower, while the risk of an escalating tariff war between Washington and its trading partners continued to weigh on the broader market sentiment.
Largest U.S. business group attacks Trump on tariffs
WASHINGTON (Reuters) – The U.S. Chamber of Commerce, the nation’s largest business lobbying group and customarily a close ally of President Donald Trump’s Republican Party, is launching a campaign on Monday to oppose Trump’s trade tariff policies.
NYC taxi commission study backs pay rise for NYC Uber, Lyft drivers
NEW YORK (Reuters) – New York City’s cash-strapped Uber and Lyft drivers have been campaigning for bigger paychecks, and their effort got a boost on Monday from a study two economists conducted for the city’s Taxi and Limousine Commission.
Ryanair, German union eye further talks during pilots’ strike vote
FRANKFURT (Reuters) – German labor union Vereinigung Cockpit (VC) said it had agreed with Ryanair’s management to continue negotiations this month, even as it ballots the budget carrier’s pilots in Germany for industrial action.
Dell makes move to go public again after months-long review
(Reuters) – Dell Technologies Inc is moving a step closer to becoming a public company again with a deal to buy the tracking stock of its majority-owned VMware unit, simplifying its balance sheet and ending a months-long review of the company.
