Banks, chips help Wall St. scale record levels
(Reuters) – The three major U.S. indexes were trading at record levels on Monday, powered by gains in financial, technology and industrial stocks, with focus on Federal Reserve’s policy meet.
Cisco’s Executive Chairman Chambers not to seek re-election
(Reuters) – Cisco Systems Inc said on Monday that Executive Chairman John Chambers would not seek re-election after his term expires in December.
Intel collaborates with Waymo on self-driving compute design
SAN FRANCISCO (Reuters) – Intel Corp on Monday announced a collaboration with Alphabet’s Waymo self-driving unit, saying it had worked with the company during the design of its compute platform to allow autonomous cars to process information in real …
Financials, industrials power S&P, Dow to record highs
(Reuters) – Wall Street hit new life highs on Monday powered by financials, technology and industrials stocks even as investors await cues from the Federal Reserve on its future path of monetary policy.
Nvidia hits another record high as AI takes centerstage
(Reuters) – Shares of Nvidia Corp touched a record high for the second straight day on Monday following yet another steep increase in the chipmaker’s price target by a Wall Street analyst.
Dollar Tree promotes Gary Philbin to CEO
(Reuters) – Dollar Tree Inc said on Monday Bob Sasser, the architect of the U.S. discount retailer’s $9.1 billion acquisition of Family Dollar, will be replaced as chief executive by Gary Philbin, the company’s enterprise president.
Credit reporting companies should register with New York: governor
WASHINGTON/NEW YORK (Reuters) – New York’s governor announced plans on Monday to require all credit reporting agencies to register with the state, while federal authorities reportedly opened a criminal probe into Equifax Inc executives’ stock sales be…
Wall St. hits new record highs as financials, industrials gain
(Reuters) – Wall Street hit new life highs after open on Monday lifted by industrials and financials stocks as tensions eased on the Korean peninsula and focus shifted to the Federal Reserve’s meeting.
New York governor says Equifax, other credit reporting companies must register with state
WASHINGTON (Reuters) – New York Governor Andrew Cuomo said in a statement on Monday that all credit reporting agencies must register with the state and comply with its cyber security rules.
Coffee rivals square off in Italy ahead of Starbucks invasion
MILAN (Reuters) – Two of Italy’s biggest coffee houses are reinforcing their brands with flagship cafes in Milan near the spot where U.S. rival Starbucks is set to begin an invasion next year.
