Amazon briefly edges out Apple for most valuable company
Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc .
Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc .
White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.
Brazil’s antitrust regulator Cade said on Monday that a deal by Walt Disney Co to buy Twenty-First Century Fox’s entertainment assets raised concerns about undermining competition in the cable television market.
Wall Street’s major indexes rallied on Monday following a truce between the United States and China in their trade dispute, which has clouded the outlook for the stock market for much of the year.
A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while sending the dollar lower and the Chinese yuan and several trade-dependent currencies higher.
Walt Disney Co said on Monday Chief Executive Officer Robert Iger has agreed to certain adjustments to his compensation package, which ties his paycheck to the company’s performance, as it nears the completion of its Twenty-First Century Fox acquisition.
General Motors Chief Executive Mary Barra will meet with Ohio’s two U.S. senators on Wednesday about the Detroit automaker’s plans to idle five North American plants and cut up to 15,000 jobs.
Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.
U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an appeal by a New York investment banker who had been banned from the industry.
Ernst & Young said on Monday that Mark Weinberger would step down on July 1, 2019 as global chairman and chief executive.
The United States expects immediate action by China on trade issues after a deal reached by the countries’ leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said on Monday.
Wall Street’s major indexes rallied on Monday following a trade truce between the United States and China, whose tensions have clouded the outlook for the stock market for much of the year.
A federal judge who has been asked to sign off on the government’s decision to approve CVS Health Corp’s acquisition of insurer Aetna Inc indicated on Monday he may ask the companies to halt integration pending his decision.
White House economic adviser Larry Kudlow said on Monday that President Donald Trump put the issue of U.S. chipmaker Qualcomm Inc’s now abandoned acquisition of Dutch peer NXP Semiconductors NV on the table for talks with Chinese President Xi Jinping.
A federal judge who has been asked to sign off on the government’s decision to approve CVS Health Corp’s acquisition of insurer Aetna Inc indicated on Monday that he may ask integration of the companies be halted pending his decision.
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