U.S. stocks fell on Monday in a volatile session, with the S&P 500 ending just shy of confirming its second correction of 2018, hurt by fresh worries of an escalation of U.S.-China trade tensions and a sharp drop in big tech and internet names.
Volkswagen and Intel Corp’s Mobileye are planning to roll out Israel’s first ride-hailing service using self-driving cars starting early next year.
Wells Fargo & Co will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers seen by Reuters.
An early gain on Wall Street fizzled and sent global stocks lower on Monday as investors remained cautious despite IBM’s $34 billion deal to purchase Red Hat Inc and Standard & Poor’s decision to keep Italy’s credit rating unchanged.
Sify Technologies Ltd. (NASDAQ: SIFY) CEO Interview,with Kamal Nath, discussing Sify’s $320 Million+ revenue telecom/data & cloud services in Indian market.
Declines in big tech and Internet stocks such as Amazon pushed the Nasdaq lower on Monday, while strength in financial shares mitigated declines for the S&P 500 as investors grappled with a recent spike in market volatility.
Alphabet Inc’s Google announced on Monday that it would grant about $25 million globally next year to humanitarian and environmental projects seeking to use artificial intelligence (AI) to speed up and grow their efforts.
Alphabet Inc’s Google announced on Monday that it would grant about $20 million globally next year to humanitarian and environmental projects seeking to use artificial intelligence (AI) to speed up and grow their efforts.
The S&P 500 and the Dow industrials rebounded on Monday, helped by gains in lagging financial shares, but declines for big tech and Internet stocks kept the Nasdaq in check as investors grappled with a recent spike in market volatility.
Airbus will have to equal a record final quarter for deliveries if the European planemaker is going to meet its overall 2018 targets following a series of production setbacks.
Oil prices edged lower on Monday as Russia signaled output will remain high, but losses were limited ahead of U.S. sanctions on Iranian exports that are expected to reduce supplies when they come into effect in just under a week.
Global stocks pared their gains Monday as investors remained cautious despite IBM’s $34 billion deal to purchase Red Hat Inc and Standard & Poor’s decision to keep Italy’s credit rating unchanged.
General Motors Co said it favors an annual increase in fuel-efficiency standards based on “historic rates” rather than tough Obama era rules or a Trump administration proposal that would freeze requirements.
Oil prices edged lower on Monday as Russia signaled output will remain high, but losses were limited ahead of U.S. sanctions on Iranian exports that are expected to reduce supplies when they come into effect in just under a week.
Shares of U.S. automakers rose on Monday after a report that China was considering halving its car purchase tax to 5 percent to support its struggling auto industry, which has been hit hard by the ongoing Sino-U.S. trade war.
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