Oil prices edged lower on Monday as investors focused on deepening trade tension between the U.S. and China that is expected to dent global crude demand, but losses were limited as the market weighed potential supply tightening due to Iran sanctions.
Swiss drugmaker Novartis has revealed its employees only get a bonus if they meet or exceed expectations for ethical behavior as it seeks to address past shortcomings that have damaged its reputation.
CNBC’s Becky Quick is joined by Larry Kudlow, director of the National Economic Council, at the Economic Club of New York to discuss the impact trade issues have had on American businesses and markets. …read more […]
Apple announced three new phones last week: the iPhone XS, iPhone XS Max, and iPhone XR. As of 2018, Apple’s iPhone naming convention is officially off the rails. In addition to the already existing iPhone 7, iPhone 8, and iPhone 8 Plus, Apple is introducing three new models with non-sequential names. …read more […]
Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla .
The CEO of Chinese e-commerce giant JD.com , Richard Liu, will no longer appear at a high-profile state-run tech forum in Shanghai this week that he had earlier been scheduled to attend.
A slide in Apple and Amazon led the S&P 500 and Nasdaq indexes lower on Monday on expectations that President Donald Trump was about to go ahead with new tariffs on $200 billion of Chinese goods and that Beijing would retaliate.
Activist hedge fund ValueAct Capital has nearly doubled its stake in Horizon Discovery Group , buying an additional 7.5 million shares from Woodford Investment Management.
A gauge of global equity markets eased and the dollar slipped on Monday as investors took a dim view of an expected new round of tariffs from Washington on Chinese goods, which would escalate a simmering U.S.-Sino dispute over trade.
Oil prices were little changed on Monday as market participants weighed potential supply cuts from U.S. sanctions on Iran with deepening trade tensions between the United States and China that could dent global crude demand.
This marijuana stock is skyrocketing on reports that Coke wants to make a deal for developing cannabis-infused beverages. …read more […]
The pipeline giant has hired bankers to explore the sale of its Canadian subsidiary. …read more […]
The drugstore operator’s stock is at its lowest level since late 2012. Breaking up with Albertsons may have pleased investors, but now they’re paying the price. …read more […]
As recreational cannabis becomes legal in Canada starting next month, Shopify Inc. is emerging as the place to get it. Several Canadian provinces have picked Shopify to run their e-commerce websites and the company has also signed deals with marijuana companies including Canopy Growth Corp., KeyBanc says. Cannabis is an “opportunity no one is talking about,” analyst Monika Garg writes. …read more […]
United Parcel Service Inc would hire about 100,000 temporary employees for the crucial holiday season beginning in November, the U.S. package delivery company said on Monday.
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