July 22, 2019

Huawei’s U.S. research arm sends workers packing

Futurewei Technologies Inc, the U.S. research arm of China’s Huawei Technologies Co Ltd, began laying off workers on Monday, according to employees including one who spoke […]
July 22, 2019

AutoNation names new CEO, posts strong quarterly profit

AutoNation Inc , the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the position, while […]
July 22, 2019

Fitch, Moody’s cut Boeing’s debt outlook to ‘negative’ on 737 MAX problems

Fitch Ratings and Moody’s lowered their outlooks for Boeing Co to “negative” from “stable” on Monday, citing delays in its 737 MAX jets’ return to service. […]
July 22, 2019

Philadelphia Energy Solutions files for bankruptcy after refinery fire

Philadelphia Energy Solutions filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a fire […]
July 22, 2019

Oil prices strengthen more than 1% on Iran risk

Oil prices rose more than 1% on Monday, as investors worried about possible supply disruptions in the energy-rich Middle East after Iran’s seizure of a British […]
July 22, 2019

Whirlpool earnings beat estimates as higher prices offset tariff impact

Whirlpool Corp on Monday reported better-than-expected quarterly earnings and lifted its full-year profit forecast, as the appliance maker raised prices on its washing machines and kitchen […]
July 22, 2019

Tech leads U.S. stocks higher; oil gains

U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress […]
July 22, 2019

S&P 500 climbs toward record high, earnings in focus

The S&P 500 climbed toward a record high on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, […]
July 22, 2019

U.S. stocks led higher by tech on trade optimism; oil rises

U.S. stocks advanced on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in […]
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