December 17, 2018

CBS fires CEO Leslie Moonves and denies $120 million severance

CBS Corp said on Monday it has fired Leslie Moonves for cause and has denied a $120 million severance package as it girds for a potential […]
December 17, 2018

Oracle sees strong third quarter on cloud strength, share rise

Oracle Corp on Monday forecast current-quarter profit above estimates after growth in its cloud services and license support unit helped the business software maker surpass Wall […]
December 17, 2018

Goldman Sachs fires back after Malaysia charges bank in 1MDB probe

Malaysia on Monday filed criminal charges against Goldman Sachs Group Inc related to its dealings with the sovereign wealth fund 1MDB, and Goldman Sachs fired back […]
December 17, 2018

U.S. healthcare stocks drop after judge rules Obamacare unconstitutional

Shares of U.S. health insurers, hospitals and healthcare companies fell on Monday in the aftermath of a ruling by a federal judge in Texas that the […]
December 17, 2018

General Dynamics warns Canada of huge liability if it cancels Saudi deal

The Canadian arm of General Dynamics Corp warned Ottawa on Monday the federal government would incur “billions of dollars of liability” by unilaterally scrapping an agreement […]
December 17, 2018

Oil drops as oversupply, economic growth worries weigh

Oil prices fell more than 2 percent on Monday, with U.S. crude hitting the lowest since September 2017, on signs of oversupply in the United States […]
December 17, 2018

Wall St. sinks as DoubleLine’s Gundlach says stocks are in bear market

Wall Street’s major indexes each slid more than 1 percent on Monday on concerns about slowing growth and as DoubleLine Capital’s Jeffrey Gundlach suggested that U.S. […]
December 17, 2018

Czech cyber watchdog calls Huawei, ZTE products a security threat

The Czech cyber watchdog warned network operators on Monday against using software or hardware made by Chinese telecom equipment suppliers Huawei and ZTE , saying they […]
December 17, 2018

Retailers, health stocks lead Wall Street lower; banks help ease pain

Wall Street dropped on Monday, but recovered from a slide of over 1 percent, weighed down by an Amazon-led drop in retailers and weakness in health […]
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