Business & Finance News
U.S. stocks rose on Monday, giving the Dow and S&P 500 their biggest gains in more than a month, as bank shares jumped ahead of earnings reports later this week.
A group of U.S. state attorneys general is investigating whether Five Guys, Panera, Burger King and other big fast food chains are using “no-poach” rules in franchise agreements to hold down wages and limit employee advancement, the officials said on Monday.
U.S. stocks rose on Monday, helped by bank, industrial and energy shares, as investors looked ahead to a strong quarterly earnings season.
Four senior U.S. House Republicans sent letters on Monday to the chief executives of Apple Inc and Google parent Alphabet Inc asking questions about location data and mobile phone privacy practices and the handling of customer data.
U.S. stocks rose on Monday, helped by bank, industrial and energy shares, as investors looked ahead to a strong quarterly earnings season.
Global stocks hit a two-week high on Monday with bank shares leading the drive higher ahead of earnings reports from the biggest U.S. lenders later in the week, while sterling took at hit after another British cabinet resignation.
Hewlett Packard Enterprise Co can boost manufacturing at its facility in Wisconsin if trade tensions with China escalate, Chief Executive Antonio Neri said on Monday.
Twenty-First Century Fox Inc is preparing a new bid for Sky Plc that values it at about 25 billion pounds ($33.14 billion) to top the offer it has received from Comcast Corp , the Financial Times reported on Monday.
BlackRock has increased its staff in Paris and is seeking to set up an alternative investment management business there, a source close to the company said on Monday, in another sign of the French capital’s increasing post-Brexit appeal.
Siemens and Alstom are set to face a full-scale EU antitrust investigation this week after declining to provide concessions to allay regulatory concerns about their plan to combine their rail operations, two people familiar with the matter said.
Twitter Inc said on Monday it has removed fake accounts but that does not impact its reported user metrics as was indicated in a report by The Washington Post.
U.S. stocks rose on Monday, with banks and industrial stocks driving a third day of gains on Wall Street as investors looked ahead to a strong quarterly earnings season, setting aside trade concerns.
Chinese battery maker Contemporary Amperex Technology Ltd (CATL) will build its first production site in Europe in Germany, agreeing a major contract with BMW to supply lithium-ion batteries.
NEW YORK (LPC) – A record US$1.45trn of US syndicated lending to companies for acquisitions, leveraged buyouts, dividends and refinancing in the first half of the year has propelled bank fees from arranging the loans to all-time highs.
Comcast Corp is identifying potential buyers for Twenty-First Century Fox Inc’s regional sports networks in an attempt to ease antitrust concerns about a new bid to acquire most of Fox’s assets, people familiar with the matter told Reuters.
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