Wall Street struggled for direction on Monday, with investors taking a pause as the United States and China began their latest trade negotiations and U.S. lawmakers tried to reach a deal on border funding.
The California State Teachers’ Retirement System (CalSTRS), the second largest U.S. pension fund said on Monday it made a $250 million investment with Impactive Capital, a new activist hedge fund that expects to start trading next month.
Tesla Inc shareholder T. Rowe Price Group Inc had a 5.2 percent stake in the electric car maker as of end-December, roughly half its earlier stake, a regulatory filing https://www.sec.gov/Archives/edgar/data/80255/000008025519001855/tsla13gadec18.htm showed on Monday.
Stock markets globally edged higher on Monday as investors eyed the resumption of trade talks between the United States and China and watched for signs of progress on Brexit.
Apple Inc iPhone sales in China fell 20 percent year-on-year in the fourth quarter of 2018, while sales for smartphones made by home-grown rival Huawei soared by 23 percent, data from industry research firm IDC showed on Monday.
U.S. stocks rose on Monday, led by industrial companies, as the United States and China began their latest round of trade talks to hammer out a deal before the looming March deadline.
Autonomous technology startup Nuro said on Monday it raised $940 million from SoftBank Group Corp, which valued the Silicon Valley-based company at $2.7 billion.
U.S. stocks opened higher on Monday as the latest round of trade talks between the world’s largest economies began in Beijing, while U.S. lawmakers attempted to hammer out a deal to avoid another government shutdown.
PG&E Corp expects only five of its current 10-strong board to stand for reelection at an annual shareholder meeting in May, as it restructures after filing for bankruptcy last month because of potential liabilities from California wildfires.
Autonomous technology startup Nuro said on Monday it has raised $940 million from SoftBank’s Vision Fund, which valued the Silicon Valley-based company at $2.7 billion.
Swiss Federal Railways (SBB) said on Monday that new Bombardier trains have yet to live up to expectations and that both companies were working to correct issues, including improving software and fixing problematic doors.
Wall Street’s main indexes were set to rise at open on Monday as the latest round of trade talks between the world’s largest economies began in Beijing, while U.S. lawmakers attempted to hammer out a deal to avoid another government shutdown.
Altria Group will tap the European investment grade corporate bond market to help finance its $12.8 billion purchase of a stake in e-cigarette maker Juul Labs Inc, the Marlboro maker said in a regulatory filing https://bit.ly/2thLVTO on Monday.
Iraqi Oil Minister Thamer Ghadhban said on Monday that disagreements remained over profit-sharing between the government and Exxon Mobil and Petrochina over its South Integrated Project.
Investors sitting on a mountain of cash built up since late last year may be paying a price for playing it too safe in the first weeks of 2019.
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