November 26, 2018

Campbell ends proxy fight with Third Point, adds directors

Campbell Soup and Third Point LLC settled their proxy contest on Monday by adding two of the hedge fund’s nominees to the U.S. food company’s board […]
November 26, 2018

GM to slash jobs and production as U.S. sedan sales sink

General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market […]
November 26, 2018

Canada blindsided by GM Oshawa closure, workers walk out in protest

Canadian Prime Minister Justin Trudeau on Monday expressed his “deep disappointment” in General Motors Co’s decision to close its Oshawa plant, a move Canadian officials only […]
November 26, 2018

Wall Street regains stride after two weeks on holiday shopping optimism

U.S. stocks rebounded on Monday after two bruising weeks, as investors bought into beaten down sectors such as energy and financials, while retailers gained on hopes […]
November 26, 2018

Exclusive: Deutsche Telekom to win EU nod for Dutch Tele2 deal, shares jump

Deutsche Telekom will win unconditional EU antitrust approval to buy Tele2’s Dutch business, sources familiar with the matter said on Monday, sending telecoms shares higher on […]
November 26, 2018

World stocks, euro rise on politics and retail signals

U.S. stocks rose on Monday, fueled by gains in retailer shares during a prime holiday shopping period, while European stocks rallied after signs that Italy was […]
November 26, 2018

U.S. top court leans toward allowing Apple App Store antitrust suit

U.S. Supreme Court justices on Monday appeared open to letting a lawsuit proceed against Apple Inc that accused it of breaking federal antitrust laws by monopolizing […]
November 26, 2018

Oil breaks above $60, but doubts about growth curb gains

Oil prices rose about three percent on Monday, clawing back some of the previous session’s steep losses, although uncertainty over global economic growth and further signs […]
November 26, 2018

Fiat Chrysler aims to boost margins, keep jobs with European production plan

Fiat Chrysler (FCA) is expected to commit to producing a raft of new models in Italy, including Jeeps and an Alfa Romeo SUV, union sources said, […]
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