Twitter, Elliott agree on board seats, Silver Lake investment
Twitter Inc said on Monday that it will name three new directors to its board in an agreement with activist investor Elliott Management and private equity firm Silver Lake.
Factbox: A 7% plunge in the S&P just triggered a trading halt. Here’s how circuit breakers work
A plunge in U.S. markets on Monday triggered a 15-minute trading halt in stocks after the S&P 500 fell 7% shortly after the market opened.
Boeing shares plunge as FAA rejects proposal on MAX wiring
Shares of Boeing Co dropped 12% on Monday after the planemaker’s proposal to leave wiring bundles in place on the grounded 737 MAX failed to get the backing of U.S. aviation regulators, potentially delaying the plane’s return to service.
Dow dives 2,000 points after oil shock
Wall Street’s main indexes dropped 7% and the Dow Jones Industrials crashed 2,000 points in what would be its biggest one-day fall ever, as trading resumed on Monday following a 22% slump in oil prices.
Oil prices plunge by a third as Saudi-Russian pump war looms
Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi Arabia and Russia signalled they would hike output in a market already awash with crude after their three-year supply pact collapse…
Confirmed coronavirus may force Americans to avoid crowds and cancel cruises; U.S. cases near 550
Older Americans, especially those with chronic medical concerns, should probably avoid big social gatherings and airline flights, given the rapid spread of coronavirus, a top U.S. health official said on Sunday, as investors braced for another volatil…
What you need to know about coronavirus right now
Here’s what you need to know about the coronavirus:
Factbox: Airlines suspend flights due to coronavirus outbreak
Airlines across the globe have suspended flights or modified services in response to the coronavirus outbreak.
Tesco plans $6.6 billion shareholder return from Asia disposals
Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of plans to refocus on Britain.
Twitter strikes deal with Elliott, Silver Lake
Twitter Inc on Monday announced a deal with Elliott Management Corp, giving it a board seat just over a week after the activist hedge fund pushed for the removal of Chief Executive Officer Jack Dorsey.
