May 6, 2019

AIG profit beats on strong underwriting, lower costs; shares up 6 percent

Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business posted its first underwriting profit since […]
May 6, 2019

Trump tariff hike leaves U.S.-China trade deal in limbo as markets fall

U.S. President Donald Trump’s threat to increase tariffs on Chinese goods left prospects for a deal to end a trade war between the world’s two largest […]
May 6, 2019

Wall St. ends lower as investors weigh Trump’s China tariff threat

U.S. stocks fell on Monday after President Donald Trump threatened to raise tariffs on Chinese goods, though they pared much of their early losses as healthcare […]
May 6, 2019

Global stocks, yields ease losses on skepticism of Trump’s China threats

Wall Street’s indexes and bond yields ended down but well above their session lows while oil futures settled higher as investors bet that U.S. President Donald […]
May 6, 2019

U.S. lawmakers criticize potential Facebook settlement with FTC

Two U.S. senators on Monday criticized reported plans for a Federal Trade Commission settlement with Facebook Inc for misuse of consumers’ personal data, saying that top […]
May 6, 2019

Factbox: Winners and losers in Trump’s trade war with China

U.S. companies in everything from computer chips to tractors have said President Donald Trump’s trade wars, including disputes with Beijing and global steel tariffs, have had […]
May 6, 2019

Healthcare, bullish bets dominate hedge-fund Sohn Investment Conference picks

Big-name hedge fund managers, including David Einhorn and Larry Robbins, pitched stock ideas ranging from airplane lessors to biotech companies that are working to extend the […]
May 6, 2019

Exclusive: Hedge funds target Centene, may oppose WellCare deal – sources

Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned […]
May 6, 2019

Explainer: Who pays Trump’s tariffs, China or U.S. customers and companies?

U.S. President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States but that is not […]
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