American International Group Inc reported a 44.1 percent surge in quarterly adjusted earnings on Monday, boosted by higher premiums, improved underwriting in its general insurance business and lower expenses.
U.S. companies in everything from computer chips to tractors have said President Donald Trump’s trade wars, including disputes with Beijing and global steel tariffs, have had an impact on them.
U.S. stocks fell on Monday after President Donald Trump threatened to raise tariffs on Chinese goods, though they pared much of their early losses as healthcare shares rose and some investors remained confident of an eventual trade agreement.
Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matter said on Monday.
Two U.S. senators on Monday criticized reported plans for a Federal Trade Commission settlement with Facebook Inc for misuse of consumers’ personal data, saying that top officials, potentially including founder Mark Zuckerberg, must be held personally responsible.
U.S. President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States but that is not exactly the way tariffs work.
U.S. stocks posted broad-based declines on Monday after President Donald Trump’s threat to raise tariffs on Chinese goods reignited fears of a global economic slowdown, though the major indexes pared losses in afternoon trading as energy shares rose.
U.S. meat processor Tyson Foods Inc said on Monday that it could reap significant financial gains from an incurable hog disease that is spreading rapidly across Asia and expected to lift global pork prices.
Big-name hedge fund managers, including David Einhorn and Larry Robbins, pitched stock ideas ranging from airplane lessors to biotech companies that are working to extend the human lifespan at the Sohn Investment Conference in New York on Monday.
Oil futures edged higher in volatile trade on Monday as rising tensions between the United States and Iran buoyed prices after they touched a one-month low following U.S. President Donald Trump’s threat that he may raise tariffs on Chinese goods.
Stocks around the world slid on Monday, along with bond yields, after U.S. President Donald Trump threatened to raise tariffs on China, triggering an investor exodus from risky assets.
U.S. President Donald Trump’s escalation of a trade war with China left plans in limbo on Monday for high-level negotiations later this week to end the dispute.
Oil futures edged higher in volatile trade on Monday as rising tensions between the United States and Iran buoyed prices, which earlier touched a one-month low after U.S. President Donald Trump said he may raise tariffs on Chinese goods.
A unit of Citigroup Inc has shut down one of its private stock trading venues, often referred to as dark pools, as part of a broader review of the bank’s equities business, the bank said on Monday.
Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.
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