August 5, 2019

Former United Auto Workers official gets 15 months in labor corruption case

A federal judge in Detroit on Monday sentenced the former United Auto Workers union vice president in charge of relations with Fiat Chrysler to 15 months […]
August 5, 2019

Trade worries sink stocks as yuan slides to a decade low

Stock markets around the world fell hard on Monday on fears that China’s willingness to let the yuan slide in response to the latest U.S. tariff […]
August 5, 2019

‘NBA 2K’, ‘Grand Theft Auto V’ help Take-Two surge past estimates

Videogame publisher Take-Two Interactive Software Inc raised its full-year revenue forecast on Monday, based on the success of its games “NBA 2K”, “Grand Theft Auto V” […]
August 5, 2019

U.S. Fed’s Brainard, George monitoring stock market rout

Federal Reserve officials said they were monitoring the U.S. stock market rout on Monday as they assess how renewed trade tensions between the United States and […]
August 5, 2019

New Media to buy USA Today-owner Gannett in $1.4 billion deal

Fortress Investment Group-backed New Media Investment Group said on Monday it will buy USA Today-owner Gannett Co in a $1.4 billion deal, combining two of the […]
August 5, 2019

Oil falls 3% as trade war concerns hit demand outlook

Global oil benchmark Brent futures fell more than 3% on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more […]
August 5, 2019

U.S. stocks drop most since December

U.S. stocks fell the most since December on Monday after China allowed its currency to weaken beyond a key threshold, signaling dimmer prospects for a de-escalation […]
August 5, 2019

Wall Street sinks as yuan slide intensifies trade angst, Dow loses 700 points

The Dow Jones Industrial Average tumbled more than 700 points in a global selloff on Monday, triggered by China’s willingness to let the yuan slide in […]
August 5, 2019

Instant View: U.S. stocks drop most since December

U.S. stocks fell the most since December on Monday after China allowed its currency to weaken beyond a key threshold, signalling dimmer prospects for a de-escalation […]
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