Life-science tool stocks thrive away from Obamacare glare
NEW YORK (Reuters) – Away from the political spotlight on Obamacare and high medicine prices, a section of the U.S. healthcare industry is quietly thriving on the stock market.
Philadelphia sues Wells Fargo, alleges predatory lending
(Reuters) – The City of Philadelphia sued Wells Fargo & Co on Monday, accusing the largest U.S. mortgage lender of predatory lending, which violates the federal Fair Housing Act.
Workers say Wal-Mart discriminated against thousands of pregnant women
(Reuters) – Two former Wal-Mart Stores Inc employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as “second-class citizens” by rejecting their requests to limit heavy lifting, climbing on ladders and other potentially dangerous tasks.
Snap surges after Wall Street heavyweights reveal stakes
SAN FRANCISCO/NEW YORK (Reuters) – Snap Inc jumped more than 8 percent on Monday in its second strongest day since the social media company’s initial public offering, boosted by filings showing several institutional investors had owned its shares.
Ex-Hollywood movie chief Brad Grey dies, months after ouster
(Reuters) – Brad Grey, the former chairman and chief executive of Paramount Pictures, has died at age 59 of cancer, his family said on Monday, just three months after being forced out of his Hollywood job.
AIG lures industry veteran Duperreault as CEO with sweet package
NEW YORK (Reuters) – American International Group Inc on Monday named an insurance industry veteran as its new chief executive officer, luring him from the firm he started with a lucrative financial package that includes buying a big piece of his comp…
AB InBev to pump $2 billion into U.S. business
BRUSSELS (Reuters) – Anheuser-Busch InBev, the world’s largest brewer, plans to invest $2 billion in the United States, where its flagship Budweiser lager has suffered from declining volumes and a falling market share over the past three years.
U.S. judge demands Uber return downloaded documents to Waymo
SAN FRANCISCO (Reuters) – A U.S. judge ordered Uber Technologies Inc [UBER.UL] to promptly return any files that had been downloaded and taken from Alphabet Inc’s Waymo self-driving car unit but said the ride-services company could continue work on it…
Wall Street rises with help from technology, financial, energy stocks
(Reuters) – The S&P 500 and the Nasdaq notched record closing highs on Monday, powered by demand for technology stocks after a global cyber attack and by rising oil prices.
U.S. home builder confidence improves in May
(Reuters) – A private gauge of U.S. home builder sentiment unexpectedly rose in May to its second strongest level since the housing bust nearly a decade ago, as the existing supply of homes remained tight.
