Business & Finance News
U.S. President Donald Trump said on Monday he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit Inc and other consumer products such as bicycle helmets and baby car seats.
Oracle Corp on Monday reported first-quarter revenue that narrowly missed analysts’ estimates, suggesting that the business software maker was struggling to make inroads in the highly competitive cloud computing market.
SpaceX, Elon Musk’s space transportation company, was set on Monday to name the first private passenger who will take a trip around the moon aboard its forthcoming Big Falcon Rocket spaceship, taking the race to commercialize space travel to new heights.
Health insurer Cigna Corp’s $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a combination they say will lead to lower costs by better coordinating pharmacy and medical benefits.
Health insurer Cigna Corp’s $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a combination they say will lead to lower costs by better coordinating pharmacy and medical benefits.
Bombardier Inc expects its Global 7500 to receive certification from Canada’s transport regulator this month, a milestone needed for the plane-and-train maker to begin delivering its flagship business jet to clients, two sources familiar with the matter said.
Symantec Corp said on Monday it named three nominees of Starboard Value LP to the Norton anti-virus software maker’s board, barely a month after the activist investor took a stake in the company to push for a change.
FedEx Corp reported quarterly profit that missed Wall Street estimates on Monday, as employee compensation and other expenses weighed on margins.
U.S. stocks fell on Monday, led by declines in technology and consumer discretionary stocks as investors looked to President Donald Trump’s announcement regarding tariffs on $200 billion of Chinese imports.
Symantec Corp said on Monday it appointed three independent directors to the cybersecurity firm’s board, including Peter Feld from activist investor Starboard Value LP.
Business software maker Oracle Corp reported a 1 percent rise in quarterly revenue on Monday, helped by growth in its cloud services and license support business.
U.S. stocks fell on Monday, led by declines in technology and consumer discretionary stocks, as investors looked to President Donald Trump’s announcement regarding tariffs on $200 billion of Chinese imports.
The U.S. Justice Department’s antitrust review of CVS Health Corp’s planned purchase of Aetna Inc may conclude soon, a source familiar with the review said on Monday.
U.S. President Donald Trump said on Monday he would announce his latest plan on China tariffs after the markets close, with expectations he would level them on about $200 billion of Chinese imports.
U.S. stocks fell on Monday led by declines in Apple and Amazon as investors took profits ahead of President Donald Trump’s expected announcement of new tariffs on $200 billion of Chinese imports.
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