January 7, 2019

Trade talk optimism boosts stocks; rate outlook hits dollar

An index of world stocks rose on Monday, adding to Friday’s strong gains, on optimism about the outcome of trade talks between Washington and Beijing. Powered […]
January 7, 2019

PG&E shares and bonds plunge on bankruptcy worries

PG&E Corp’s shares dived more than 22 percent on Monday after sources said the California utility is exploring filing for bankruptcy protection as it fears a […]
January 7, 2019

Wall Street higher as U.S.-China trade talks begin

U.S. stocks rose on Monday as gains in the technology and consumer discretionary sectors helped extend Friday’s rally, with investors focused on the ongoing U.S.-China trade […]
January 7, 2019

Daimler to invest $573 million in autonomous trucks

German luxury carmaker Daimler will invest 500 million euros ($573 million) in the coming years to develop highly autonomous trucks, it said on Monday, a move […]
January 7, 2019

Major Wall Street players plan new exchange to challenge NYSE, Nasdaq

Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies have agreed to jointly launch a new low-cost bourse that will compete […]
January 7, 2019

Activist Starboard seeks Family Dollar sale, board changes at Dollar Tree

Activist investor Starboard Value LP on Monday called on Dollar Tree Inc to sell its underperforming Family Dollar business and proposed replacing a majority of its […]
January 7, 2019

U.S. top court declines to take up Fiat Chrysler hacking case

The U.S. Supreme Court on Monday declined to hear Fiat Chrysler’s appeal in a class action lawsuit over allegations that its Jeeps and other trucks are […]
January 7, 2019

Wall Street big wigs plan new exchange to challenge NYSE, Nasdaq

Morgan Stanley , Fidelity Investments, Citadel Securities LLC and a host of other financial companies have agreed to jointly launch a new low-cost bourse that will […]
January 7, 2019

ICBC leads Asian jet lessor buying spree: sources

Asian-controlled leasing companies splashed out some $25 billion at list prices to pick out bargains as planemakers Airbus and Boeing raced to end a relatively quiet […]
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