Business & Finance News
TOKYO (Reuters) – U.S. stock futures pared small losses while Asian shares were little changed on Tuesday after the U.S. extended the deadline on steel and aluminum tariffs by one month to major allies.
WASHINGTON (Reuters) – U.S. President Donald Trump has postponed a decision on imposing steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached an agreement in principle with Argentina, Australia and Brazil, a source familiar with the decision said on Monday.
LONDON (Reuters) – Sainsbury’s $10 billion purchase of Walmart’s Asda may pressure UK grocery prices and make the British market less attractive for newer players such as Amazon.com .
LOS ANGELES (Reuters) – Chipotle Mexican Grill Inc on Monday announced a national delivery partnership with DoorDash that covers more than 1,500 of the burrito chain’s more than 2,400 restaurants in the United States.
WASHINGTON (Reuters) – The judge who will decide if AT&T will be allowed to buy movie and TV show maker Time Warner indicated on Monday that he could be considering a decision that wasn’t a clear approval or blocking of the $85 billion deal.
LOS ANGELES (Reuters) – The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back “animal spirits” that encourage risk-taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday.
BERLIN (Reuters) – Volkswagen AG’s Czech division Skoda said it will shift some production of sport-utility vehicles (SUVs) to Germany to meet growing demand for its models.
NEW YORK (Reuters) – Wall Street fell on Monday as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two-month losing streak.
NEW YORK (Reuters) – Wall Street fell on Monday as healthcare stocks slid and rising oil prices and a looming deadline for exemptions to U.S. steel and aluminum tariffs weighed on investor sentiment.
TORONTO (Reuters) – Canada’s stock exchange, the world’s sixth largest, was back in business on Monday after a hardware glitch abruptly ended trading on Friday and the exchange operator TMX Group said it was working to ensure there will be no repeat of the embarrassing market disruption.
(Reuters) – Wall Street dipped on Monday afternoon, reversing gains from earlier in the session, weighed down by healthcare stocks, while surging oil prices added to worries about rising costs for companies.
WASHINGTON (Reuters) – AT&T sought to hide the high cost to consumers of its $85-billion deal to buy movie and TV producer Time Warner, the Justice Department said in its closing arguments on Monday as the United States tried to block the deal in court.
(Reuters) – Apple Inc’s multi-hundred billion cash stockpile and stalling growth in services such as iCloud present an opportunity and a concern that some investors hope will be addressed in the company’s quarterly earnings report on Tuesday.
(Reuters) – McDonald’s Corp blew past analysts’ forecasts for profit and revenue on Monday, helped by higher sales in overseas markets and as U.S. customers spent more at its outlets.
(Reuters) – U.S. stocks rose on Monday as strong earnings reports from McDonald’s and a slate of merger announcements lifted sentiment, while inflation worries were kept in check after tepid data on U.S. income and spending.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
