February 4, 2019

Tech boost sends Wall Street higher

Wall Street gained on Monday as technology shares rose ahead of quarterly results from Alphabet Inc, the last member of the FAANG group of internet companies […]
February 4, 2019

Bill Gross, once Wall Street’s ‘Bond King,’ retires after rocky second act

Bill Gross, once the global bond market’s most influential investor and prognosticator, will retire in coming weeks from Janus Henderson Group Plc, ending an attempt to […]
February 4, 2019

Slack makes confidential filing for IPO

Business messaging service Slack Technologies Inc said on Monday it had confidentially applied for an initial public offering with the U.S. Securities and Exchange Commission. Powered […]
February 4, 2019

Exclusive: Food retailer Smart & Final explores sale – sources

Smart & Final Stores Inc , a U.S. food retailer controlled by private equity firm Ares Management Corp , is exploring options that include a sale […]
February 4, 2019

Germany facing big budget hole as economy slows: document

Germany is facing a budget shortfall of around 25 billion euros ($29 billion) by 2023 as an economic slowdown means tax revenues will come in below […]
February 4, 2019

U.S.-China tariff hike would trigger downturn, trade diversion: U.N

A U.S. plan to hike tariffs on China next month could trigger an economic downturn and let other countries take over about $200 billion of China’s […]
February 4, 2019

DSV’s $4 billion Panalpina offer given shareholder cold shoulder

Danish logistics company DSV’s $4 billion-plus bid for Panalpina hit a roadblock on Monday when the Swiss freight forwarder’s top shareholder rejected the offer, saying Panalpina […]
February 4, 2019

U.S. factory orders fall; core capital goods unrevised

New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and electrical equipment, government data showed on Monday, suggesting a […]
February 4, 2019

Tech boosts S&P, Nasdaq; healthcare weighs on Dow

U.S. stocks edged higher on Monday boosted by technology shares ahead of Alphabet’s results after the bell, but declines in healthcare and energy stocks kept gains […]
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