October 15, 2018

Bankruptcy judge approves financing to keep Sears open

A bankruptcy judge on Monday approved $300 million in financing to keep department store chain Sears Holdings Corp open through the holiday season, giving the century-old […]
October 15, 2018

Tech stocks drag down Wall St. as earnings worries weigh

U.S. stocks ended lower in a choppy trading session on Monday, dragged down by technology stocks amid lingering worries over interest rates and corporate earnings. Powered […]
October 15, 2018

Dassault will raise production rates on certain models: CEO

French planemaker Dassault Aviation will nudge up production rates on certain business jet models, including its Falcoln 8x and 2000 jets, Chief Executive Eric Trappier said […]
October 15, 2018

Linde says FTC’s Commissioners looking into merger

Industrial gases maker Linde said on Monday it had completed work with the staff of the U.S. Federal Trade Commission (FTC) on remedies to secure approval […]
October 15, 2018

Stock futures drop as Saudi tensions add to growing worries

U.S. stock futures pointed to a lower open on Monday, mirroring global stocks, as growing tensions between Western powers and Saudi Arabia added to worries over […]
October 15, 2018

Carl Icahn boosts stake in Dell IPO standoff

Activist investor Carl Icahn reported an increased 8.3 percent stake in Dell tracking stock on Monday, as he looks to block a proposed plan by the […]
October 15, 2018

Bayer may outsource some drug research – works council

Bayer’s chief executive is considering farming out certain drug research activities to cut costs amid slower growth at its pharmaceuticals division, the German company’s works council […]
October 15, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and […]
October 15, 2018

Korean Air chief indicted on embezzlement, other charges: prosecutors

Korean Air Lines Co Ltd Chairman Cho Yang-ho was indicted on Monday on charges including embezzlement and breach of trust, South Korean prosecutors said, adding to […]
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