A federal court has struck down the Trump administration’s repeal of an Obama-era policy aimed at boosting revenue for taxpayers by changing how energy companies value sales of coal, oil and gas extracted from federal and tribal land.
Goldman Sachs Group Inc offered new tidbits about its sweeping operational overhaul when reporting first-quarter results on Monday, but investors focused on revenue declines across nearly all its main businesses, sending shares lower.
U.S. stocks slipped on Monday, weighed by losses in financial stocks as earnings from Wall Street’s big banks Goldman Sachs and Citigroup failed to impress.
Credit Suisse has agreed to take majority control of Chinese securities venture Credit Suisse Founder Securities Ltd (CSFS), boosting its stake to 51 percent from 33.3 percent via a capital injection, the Swiss bank said on Monday.
Nike Inc’s long-time brand ambassador Tiger Woods gave investors another reason to cheer on Monday, after the world’s biggest name in golf won the Masters, pushing the company’s stock higher.
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.
Two major shareholder advisory firms urged investors to vote against billionaire investor David Tepper’s hedge fund demand that Allergan Plc immediately split the roles of chief executive officer and chairman, in a boost to the Botox maker.
The U.S. Supreme Court on Monday cast aside pharmaceutical company Allergan Plc’s unorthodox bid to shield patents from a federal administrative court’s review by transferring them to a Native American tribe.
U.S. stocks opened flat on Monday as financial stocks fell after disappointing results from Goldman Sachs, offsetting a rebound in healthcare stocks.
Anheuser-Busch InBev has enlisted Citigroup and Bank of America Merrill Lynch (BAML) to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters.
Best Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the company’s next chief executive officer, the first woman to lead the consumer electronics retailer in its 53-year history.
The European Union is ready to starts talks on a trade agreement with the United States and could conclude a deal before the end of the year, European Trade Commissioner Cecilia Malmstrom said on Monday.
Goldman Sachs Group Inc reported lower quarterly revenue in nearly all of its main businesses on Monday, but still beat subdued Wall Street expectations through cost cuts, while offering more details on its sweeping operational revamp.
UBS shareholders should oppose discharging the board and top management of Switzerland’s biggest bank from liability after a guilty verdict in a French tax evasion case, proxy adviser Institutional Shareholder Services (ISS) said.
Citigroup Inc reported a better-than-expected quarterly profit on Monday, boosted by a surge in investment banking revenue and lower expenses.
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