Business & Finance News
(Reuters) – Shares in Tesla Inc jumped more than 4 percent on Monday as investors were encouraged by the company’s placing a $78,000 price tag on the fully-loaded version of its Model 3 sedan.
WASHINGTON (Reuters) – The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees.
(Reuters) – LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust .
(Reuters) – U.S. stocks rallied broadly on Monday after the United States and China put a potential trade war “on hold” to work on a wider agreement, with sentiment also getting a boost from the nearly $28 billion worth of U.S. merger deals.
WASHINGTON (Reuters) – U.S. state and Canadian regulators have opened “as many as 70 investigations” into cryptocurrency scams, according to The Washington Post.
BEIJING (Reuters) – China’s government on Monday praised a significant cooling of trade tensions with the United States, saying agreement was in both nations’ interests while state media trumpeted what it saw as Beijing’s refusal to surrender to U.S. economic threats.
LONDON (Reuters) – Luxury British carmaker Aston Martin remained in the black in the first quarter of 2018, although pretax profit fell due to a weaker dollar and investment on a series of model launches.
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Monday said major issues remained in talks between the United States, Mexico and Canada to renegotiate the North American Free Trade Agreement(NAFTA).
(Reuters) – U.S. stocks opened half a percent higher on Monday after the United States and China put a potential trade war “on hold”, and as U.S. companies announced $27.6 billion worth of mergers.
LONDON (Reuters) – A British court has dismissed charges brought by the Serious Fraud Office (SFO) against Barclays over its 2008 capital raising, the bank said on Monday, suspending for now the threat of regulatory sanctions on its business operations.
(Reuters) – Wall Street was set to open higher on Monday after the United States and China put a potential trade war “on hold” to work on a wider agreement, and as the announcement of $27.6 billion worth of merger deals lifted sentiment.
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s bid for Sky for a lengthy investigation after an initial review found that the $30 billion offer did not raise public concerns about media ownership.
(Reuters) – Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.
BRUSSELS (Reuters) – A European Parliament meeting on Tuesday with Facebook CEO Mark Zuckerberg will be broadcast live, parliamentary officials and the company said on Monday after controversy over plans for a closed-door hearing.
(Reuters) – General Electric Co confirmed on Monday it was unloading the bulk of its transportation business which makes train engines to Wabtec Corp , a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11.1 billion.
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