The head of the labor union representing most hourly workers at the U.S. automakers struck an adversarial tone on Monday, vowing in likely contentious talks for new four-year deals that they want to share in the companies’ profits.
A gauge of global stocks advanced on Monday as economic data from China came in as expected, although stocks on Wall Street were little changed as financials showed some weakness in the wake of Citigroup’s earnings report.
Facebook Inc’s top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed.
AB InBev’s canceled Asian stock market listing will slow but not derail the world’s largest brewer’s efforts to cut its debt mountain, delaying future acquisitions and prioritizing its main challenge – selling more beers.
Facebook’s top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital currency until regulatory concerns and approvals are “fully addressed.”
Lawyers for the state of Oklahoma on Monday urged a judge to hold Johnson & Johnson responsible for fueling the U.S. opioid epidemic, as the first trial nationally in litigation over the drug crisis came to an end.
A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse on Friday of Budweiser APAC’s $9.8 billion initial public offering, according to an internal email seen by Reuters.
Wall Street’s three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a squeeze in interest margins.
It has a hotshot new designer known for dressing Beyonce and is experimenting with monthly product launches on social media.
Walmart Chile said on Monday it would resume talks with a union of 17,000 workers who walked off the job last week amid a major push by the global retail giant to automate jobs and slash costs.
Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades.
Wall Street’s main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations.
Surprisingly upbeat economic soundings from China pushed world shares toward an 18-month high and steered the Aussie dollar upwards on Monday, as Citigroup delivered Wall Street’s first heavyweight beat of the new earnings season.
Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported on Monday, citing sources.
Wall Street was set to extend last week’s gains at the open on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations.
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