Citigroup Inc restructured its consumer bank on Monday, elevating one executive and triggering the departure of another, as the third-biggest U.S. bank moved to improve results.
Lockheed Martin Corp has been awarded a $480 million U.S. defense contract for air-launched rapid response weapon critical design review and test and production readiness support, the Pentagon said on Monday.
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U.S. stocks dropped on Monday as global jitters from Turkey’s plummeting currency spread to Wall Street, with the S&P 500 and the Dow falling for the fourth session in a row.
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U.S. stocks dropped on Monday as global jitters due to Turkey’s plummeting currency spread to Wall Street.
U.S. bank shares fell for a third straight session on Monday as investor appetite for risk weakened on worries that a currency crisis in Turkey would spread to other countries.
U.S. economic growth will probably accelerate this year before slowing in 2019 to well below the Trump administration’s 3 percent target as a fiscal stimulus fades, congressional researchers projected on Monday.
Tesla Inc Chief Executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia’s sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down financing.
Short sellers betting against Tesla trimmed their exposure to the electric car maker’s stock on Monday after Chief Executive Elon Musk gave new information about his proposal to take the company private.
The S&P 500 and the Dow industrials fell on Monday as a global contagion of market jitters arising from the plunge of Turkey’s currency spread to Wall Street, while the Nasdaq edged higher on gains from tech stocks.
VF Corp , one of the world’s biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company, it said on Monday, allowing it to focus on its more profitable Vans sneakers and The North Face outerwear businesses.
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