Trading Ideas
3 Stocks That Pay You to Own Them
And better yet, their high yields mean they pay you a lot! …read more […]
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Business News
Germany wants wider trade talks with U.S. even if tariffs hit
BERLIN (Reuters) – Germany on Monday dampened hopes that an exemption from U.S. tariffs on steel and aluminum could be extended for European Union countries, but called for trade negotiations to continue regardless of whether the levies are applied.
Business News
Exclusive: U.S. EPA grants biofuels waiver to billionaire Icahn’s oil refinery – sources
NEW YORK (Reuters) – The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned by billionaire Carl Icahn, a former adviser to President Donald Trump, exempting the Oklahoma facility from requirements under a federal biofuels law, according to two industry sources briefed on the matter.
Business News
Exclusive: Volkswagen in talks to manage Didi fleet, co-develop self-driving cars
BEIJING (Reuters) – Volkswagen AG , the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi’s services.
Business News
AT&T court fight with U.S. Justice Department heads into closing arguments
WASHINGTON (Reuters) – Lawyers for the U.S. Justice Department and AT&T will give closing arguments on Monday in a trial to determine if the wireless giant, owner of pay TV provider DirecTV, will be allowed to buy movie and TV show maker Time Warner .
Trading Ideas
4 Mistakes That’ll Slash Your Social Security Benefits
These seemingly minor blunders could really end up costing you. …read more […]
Business News
World stocks set for positive April as big ticket M&As return
SYDNEY (Reuters) – World stocks are set to notch up a positive month for the first time since January, as a slew of positive earnings from U.S. technology firms and marquee M&A deals help soothe memories of February tremors.
Business News
Sainsbury’s in $10 billion swoop on Asda to create top UK supermarket
LONDON (Reuters) – Sainsbury’s has agreed to buy Walmart’s Asda for about 7.3 billion pounds ($10 billion) to create Britain’s biggest supermarket group by market share, overtaking long-standing industry leader Tesco .
Trading Ideas
Oil slips on rising U.S. rig count; Iran concerns limit downside
Oil prices dipped on Monday after a rising rig count in the United States pointed to higher production there, but markets held near their highest in over three years and remained set for a second straight month of gains. Oil prices were supported by supply concerns amid prospects that the United States could reimpose sanctions on Iran, while OPEC-led producers continue to withhold output. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $67.82 a barrel, down 28 cents, or about 0.4 percent, from their last settlement. …read more […]
Business News
Britain’s Sainsbury’s and Asda agree 13.3-billion-pound merger
LONDON (Reuters) – Sainsbury’s and Asda, the UK arm of Walmart , confirmed on Monday they had agreed a 13.3 billion pounds ($18.33 billion) merger to create Britain’s biggest supermarket group by market share, surpassing current leader Tesco .
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Baidu brings group of PE firms into its financial services business via $1.9B investment
Baidu has turned to the financial industry to bolster its consumer finance …read more […]
Trading Ideas
Forward step: LeBron, Cavs pushed to limit but not done yet
LeBron James walked sluggishly down a corridor inside Quicken Loans Arena following Game 7 surrounded by the usual squadron of security personnel, some business associates and his publicist. Each step … …read more […]
Business News
Asian shares climb as Korea tensions ease, U.S. data eyed
SYDNEY (Reuters) – Asian shares extended gains on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors were cautious about the outlook amid the backdrop of a simmering U.S.-China trade dispute.
Business News
Britain’s Sainsbury’s and Asda agree merger
LONDON (Reuters) – Sainsbury’s and Asda, the UK arm of Walmart , confirmed on Monday they are to merge to create Britain’s biggest supermarket group by market share, surpassing current leader Tesco .
Business News
Prince Alwaleed’s firm sells Movenpick Hotels to AccorHotels
DUBAI (Reuters) – Prince Alwaleed bin Talal’s Kingdom Holding and its partners have agreed to sell Movenpick Hotels and Resorts to its associate firm AccorHotels .