January 7, 2019

Oil rises; lifted by OPEC cuts, steadying stock market

Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets. Powered by […]
January 7, 2019

Canada auto union head to meet with GM on Tuesday

The head of Canada’s auto union said on Monday he was set to meet with General Motors Co executives in Detroit on Tuesday to discuss the […]
January 7, 2019

Major Wall Street players plan exchange to challenge NYSE, Nasdaq

Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies plan to launch a low-cost bourse that will compete with the New […]
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 […]
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