Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.
Pot stocks continued charging higher Monday after Aurora Cannabis Inc. reached a deal to acquire South America-focused ICC Labs Inc. The C$290 million ($220 million) deal is the latest in an acquisition spree that has seen Aurora buy at least 10 companies in the past two years. Aurora shares gained as much as 4.1 percent, while ICC added 5.6 percent at 9:30 a.m. in Toronto. …read more […]
U.S. stock indexes were higher on Monday, boosted by the consumer discretionary sector and as hopes for a new round of tax cuts overshadowed fears of an escalation in the Sino-U.S. trade war.
Facebook, Amazon.com, Netflix, and Google parent Alphabet stumbled last week, but you don’t want to bet against them. …read more […]
CBS Corporation CEO and Chairman Leslie Moonves has left the company after The New Yorker published a new report detailing sexual harassment and assault allegations from six women against the media executive. The accusations followed sexual misconduct and harassment accusations from six other women in July, as The New Yorker reported. The network said Moonves would not receive any severance benefits at this time. …read more […]
Snap Inc , the parent of Snapchat messaging, said on Monday Chief Strategy Officer Imran Khan will step down, the latest top-level exit amid pressure to stem user declines following a controversial redesign of the app.
CBS Corp said on Monday it will pay up to $120 million to former Chief Executive Officer Leslie Moonves if an internal investigation into allegations of harassment fails to provide grounds for his dismissal.
Costco’s recent sales momentum showed no sign of petering out in August. …read more […]
CNBC’s Robert Frank takes a look at how the latest round of proposed tariffs on Chinese goods could impact art dealers and collectors. …read more […]
CBS Corp said on Monday it will pay $120 million to former chief executive officer Leslie Moonves if an internal investigation into allegations of harassment fails to provide grounds for his dismissal.
The best way to win money in Vegas isn’t casinos — it’s dividends. …read more […]
Gains in Europe helped steady global stock markets on Monday, after rising anxiety about the U.S.-China trade war and further Fed rate hikes gave Asia its longest losing streak since the end of 2015.
Ford’s management team has always said its dividend could be maintained during downturns. Here are two reasons that support that stance. …read more […]
A top dog in an off-the-radar industry, an up-and-coming oil driller, and a beaten-down pipeline giant could supercharge your portfolio. …read more […]
Who will succeed Berkshire Hathaway CEO Warren Buffett? …read more […]
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