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 […]
January 7, 2019

U.S. Supreme Court rejects Exxon in climate change document fight

The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the […]
January 7, 2019

Venezuela’s PDVSA inks oil deal with firm part-owned by Florida Republican

Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla that is part-owned by a prominent Florida Republican to help […]
January 7, 2019

S&P 500 opens flat after strongest surge in 2019

The S&P 500 opened little changed on Monday after its biggest one-day surge in the new year, as investors turned wary of the latest round of […]
January 7, 2019

Lilly to buy Loxo Oncology in $8 billion cancer push

Eli Lilly and Co said on Monday it would buy Loxo Oncology Inc for about $8 billion in cash, making its biggest bet on a cancer […]
January 7, 2019

Ford plans new wireless tech for cars starting 2022

Ford Motor Co said on Monday it plans to roll out a wireless technology for its new vehicle models in the United States, starting 2022, that […]
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