January 28, 2019

House panels to hold joint hearing on Sprint, T-Mobile merger

Two U.S. House panels will hold a joint hearing on Feb. 13 on T-Mobile US Inc and Sprint Corp’s proposed $26 billion merger and its potential […]
January 28, 2019

U.S. FTC approves Staples’ acquisition of Essendant with conditions

The U.S. Federal Trade Commission said on Monday it had approved with conditions the proposed $482.7 million merger of office supply distributors Staples Inc and Essendant […]
January 28, 2019

Citi sees stronger China wealthy client base in 2019 despite economy slowing

Citigroup expects its China wealth management client base to grow faster in 2019 than last year, at more than 30 percent, the bank’s country chief said, […]
January 28, 2019

Citi sees stronger China wealthy client base in 2019 despite economy slowing

Citigroup expects its China wealth management client base to grow faster in 2019 than last year, at more than 30 percent, the bank’s country chief said, […]
January 28, 2019

Oil falls 3 percent on rising U.S. production, economic slowdown fears

Oil fell about 3 percent on Monday, its biggest one-day percentage drop in a month, after an increase in U.S. crude drilling pointed to further supply […]
January 28, 2019

Exclusive: Snapchat weighs what was once unthinkable – permanent snaps

Snap Inc is considering changes to its Snapchat app, known for disappearing photos and videos, that could make users’ public posts longer lasting or even permanent, […]
January 28, 2019

Shutdown costs pegged at $3 billion as government reopens

The U.S. economy was expected to lose $3 billion from the partial federal government shutdown over President Donald Trump’s demand for border wall funding, congressional researchers […]
January 28, 2019

General Electric stock buyers preach patience, eye progress

Investors who have scooped up decimated shares of General Electric Co are willing to wait years to reap a solid return but also hope the U.S. […]
January 28, 2019

Caterpillar stock slides on profit miss, China sales forecast

Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs, sending shares of the heavy machinery maker tumbling […]
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