BOSTON (Reuters) – Gunmaker Sturm Ruger & Co directors faced little opposition at its recent board election, a securities filing showed on Monday, despite its policy of not talking with shareholders even in the midst of a national debate over gun control.
TOKYO (Reuters) – Asia stocks pulled back on Tuesday, after an uninspiring performance on Wall Street eclipsed support from U.S.-China trade optimism, while supply concerns kept crude oil prices near 3-1/2-year highs.
Seattle’s city council voted unanimously to approve a new tax on the largest …read more […]
On the 12 June 2018, 3M Company (NYSE:MMM) will be paying shareholders an upcoming dividend amount of $1.36 per share. However, investors must have bought the company’s stock before 17Read More… …read more […]
In a jarring contrast, Israeli forces shot and killed at least 55 Palestinians and wounded more than 1,200 during mass protests Monday along the Gaza border, while just a few miles away Israel and the U.S. held a festive inauguration ceremony for the new American Embassy in contested Jerusalem. It was by far the deadliest day of cross-border violence since a devastating 2014 war between Israel and Gaza’s Hamas rulers, and further dimmed the already bleak prospects for President Donald Trump’s hoped-for peace plan. …read more […]
Tesla Inc (TSLA.O) chief Elon Musk told employees on Monday the company was undergoing a “thorough reorganization” as it contends with production problems, senior staff departures and recent crashes involving its electric cars. In his email to staff, Musk said Tesla was “flattening the management structure to improve communication,” combining functions and trimming activities “not vital to the success of our mission” in the reorganization. The company confirmed the contents of the email, which was first reported on by the Wall Street Journal. …read more […]
Altria Group Inc (NYSE:MO) trades with a trailing P/E of 9.9x, which is lower than the industry average of 16.1x. Although some investors may jump to the conclusion that thisRead More… …read more […]
WILMINGTON, Del (Reuters) – Next month, Toys ‘R’ Us is putting its famous mascot, Geoffrey the Giraffe, on the auction block. Also up for sale: sex-toys-r-us.com.
(Reuters) – A trial for a lawsuit alleging that Johnson & Johnson Baby Powder was responsible for the death of a woman due to her exposure to cancer-causing asbestos began in South Carolina on Monday in the latest case against the healthcare conglomerate and a supplier over their talc-based products.
SAN FRANCISCO (Reuters) – Uber Technologies Inc’s growth has slowed as a series of scandals has allowed the ride-hailing company’s chief U.S. competitor, Lyft Inc, to grab more market share, digital research firm eMarketer said in a report on Monday.
The Supreme Court said Monday that people who borrow rental cars from friends or family are generally entitled to the same protections against police searches as the authorized driver. The justices ruled unanimously that as a general rule someone who is “in otherwise lawful possession and control of a rental car” has a reasonable expectation of privacy in the car even if the rental agreement doesn’t list the person as an authorized driver. The Trump administration had argued that anyone driving a rental car but not listed on a rental agreement does not have an expectation of privacy …read more […]
WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross said on Monday that none of the contentious issues in a new NAFTA trade deal appear to have been resolved, diminishing chances of meeting a Thursday deadline to notify U.S. lawmakers of an agreement.
(Reuters) – Casino operator Wynn Resorts Ltd said on Monday that John Hagenbuch will not stand for re-election to the company’s board at the annual meeting on May 16.
Shares of Nvidia (NVDA) have dipped slightly since the GPU power reported yet another quarter of impressive top and bottom line growth last week. Now the question is will Nvidia continue to expand at its current pace, or are its days of rapid growth numbered. …read more […]
WASHINGTON (Reuters) – President Donald Trump on Monday defended his decision to revisit penalties for Chinese company ZTE Corp for flouting U.S. sanctions on trade with Iran, saying the telecom maker is a big buyer for U.S. suppliers.
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