Boeing nominates Qualcomm’s Mollenkopf to its board
Boeing Co on Monday nominated Steve Mollenkopf and Akhil Johri to its board and said two of its directors will retire.
JPMorgan Chase plans to unveil climate initiatives at investor day
JPMorgan Chase & Co executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Arctic drilling, as well as a $200 billion target to provide financing for sustainable projects.
Defending against Xerox, HP doubles down on share buybacks, cost cuts
HP Inc said on Monday it would step up efforts to slash costs and buy back stock, as it seeks investor support to defend against a $35 billion takeover offer from U.S. printer maker Xerox Holdings Corp .
Wall Street clobbered as pandemic fears rattle markets
Wall Street’s three major stock indexes tumbled on Monday as investors looked for safety on intensifying fears about the global economic impact of the coronavirus after a surge in cases outside China fanned worries about a pandemic.
Investors eye bleach, food and tissues as virus fears intensify
While Wall Street’s broader indexes fell sharply on Monday on concerns about coronavirus, investors turned to some consumer companies as they bet on stock-piling of products such as disinfectants and shelf-stable foods.
Wall Street sinks as pandemic fears rattle investors
The Dow Jones Industrials was on track for its biggest daily decline in two years and the S&P 500 fell more than 3% on Monday, as investors fled riskier assets as fears about the global economic impact of the coronavirus intensified after a surge in cases outside China.
Mallinckrodt considering Chapter 11 bankruptcy protection for generics unit: WSJ
Drugmaker Mallinckrodt Plc has begun confidential discussions with creditors and is considering placing its U.S. generic drug business into bankruptcy to address the debt maturities and liabilities arising out of the opioid crisis, WSJ reported citing…
Oil sinks 4% on demand concerns as coronavirus spreads
Oil prices slumped by nearly 4% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude.
Stocks, oil slide; gold spikes as virus fears grip markets
Stocks across the globe were on track to fall by the most in two years on Monday and oil prices tumbled as a jump in coronavirus cases outside of China drove investors to the perceived safety of gold and government bonds on fears of the impact to the g…
Bank of America names new French investment banking boss: memo
Bank of America has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to bolster its Paris franchise and win more business from large French clients, a memo seen by Reuters said.
