Best Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the company’s chief executive officer, the first woman to lead the consumer electronics retailer in its 53-year history.
UniCredit Group, Italy’s biggest bank by assets, has agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.
United Continental Holdings Inc said on Monday it had pulled Boeing Co’s 737 MAX flights out of its schedule through early July, following similar moves by rivals American Airlines Group Inc and Southwest Airlines Co.
Boeing Co has started brainstorming with its airline customers over ways to win back public trust in the 737 MAX brand, with pilots expected to play a pivotal role in the process, an executive told Reuters on Monday.
Two leading shareholder advisory firms threw their support behind Allergan Plc’s management by recommending that investors vote against billionaire investor David Tepper’s proposal that the Botox maker immediately split the roles of chief executive officer and chairman.
Canada will appeal last week’s decision by a World Trade Organization (WTO) panel to allow the United States to use “zeroing” to calculate lumber anti-dumping tariffs, Foreign Minister Chrystia Freeland said on Monday.
UniCredit, Italy’s biggest lender, will pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.
UniCredit, Italy’s biggest lender, will pay over $1 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, a person familiar with the matter said on Monday.
German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker’s manipulation of diesel emissions testing, more than three years after the scandal came to light.
The U.S. Commerce Department has submitted to the White House the results of a national security investigation into uranium imports, a spokesman for the department said on Monday.
Wall Street’s main indexes fell on Monday, following a rally in the previous session that put the S&P 500 within striking distance of its record high, as underwhelming results from Goldman Sachs and Citigroup pressured financial stocks.
Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia’s finance minister said Russia and OPEC may decide to boost production to fight for market share with the United States, where output remains at record highs.
A vibrant start-up scene, which has spawned stars such as Spotify, Skype and Rovio, is inspiring Nordic pension funds to invest more money with local private equity funds.
World stocks retreated from earlier gains on Monday as underwhelming quarterly results from U.S. banks weighed on Wall Street, though progress in U.S.-China trade talks helped European stocks tread water.
Wall Street’s main indexes fell on Monday, pulling back from a rally in the prior session that took the S&P 500 within striking distance of its September record close, as lackluster results from Goldman Sachs and Citigroup pressured financial stocks.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
