The S&P 500 and Dow slipped in choppy trading on Monday following losses in energy and financial stocks but gains in technology sectors helped limit losses and lifted the Nasdaq.
U.S. equity short sellers are rooting for a Republican sweep of Congress in U.S. elections on Nov. 6, which are seen as partly a vote on President Donald Trump’s pro-business policies, a leading Wall Street short seller said on Monday.
British chip designer Arm Holdings Chief Executive Officer Simon Segars has pulled out of the Saudi Arabia investment conference this week, a source familiar with the matter told Reuters on Monday.
Greece’s largest carrier Aegean Airlines picked U.S. engine maker Pratt & Whitney to power up to 62 Airbus A320neo aircraft, the carrier said on Monday.
Gilberto Benetton, one of the co-founders of the Italian clothing retailer Benetton Group, has died, sources with knowledge of the matter said on Monday.
Constellation Brands Inc , the U.S. producer of Corona and Modelo beers, is looking to sell some of its U.S.-based wine brands, in a deal that could be worth more than $3 billion, according to four people familiar with the matter.
Danone is banking on its expansion into the lucrative healthy eating business to produce sales growth that will beat the French food company’s rivals over the coming decade.
Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition.
Wells Fargo & Co will pay $65 million to settle claims stemming from an investigation into the lender’s sales practices that saw it open fake accounts for customers to inflate sales metrics, the New York Attorney General’s office said on Monday.
The S&P 500 and Dow Jones Industrial Average dropped in volatile trading on Monday as a boost from news in China and Italy faded and losses in energy and financial stocks weighed, but gains in technology stocks helped limit losses and lifted the Nasdaq.
Portuguese app store Aptoide said on Monday that a local court had ruled against Alphabet Inc’s Google in a landmark case, ordering the U.S. giant to stop removing its app from users’ mobile phones without their knowledge.
Richard Branson is quitting as chairman of Virgin Hyperloop One, saying the company, that plans to build a supersonic transport system in the United Arab Emirates and other countries, needs a more actively involved leader, the firm said on Monday.
Ford Motor Co has seen higher steel and aluminum costs driven by trade tariffs bite into profit, but is hopeful the United States and China can avoid further tensions that could make things more costly, a top Ford executive said on Monday.
Portuguese app store Aptoide said on Monday a local court has ruled against Alphabet Inc’s Google, ordering it to stop removing Aptoide’s app from users’ mobile phones without their knowledge in a landmark case.
U.S. stocks were slightly lower in choppy trade on Monday while the dollar strengthened and the U.S. yield curve flattened after European equities reversed earlier gains to close lower.
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