August 7, 2018

Chinese state newspaper says Trump’s claims of winning trade war are ‘wishful thinking’

A Chinese state newspaper on Tuesday described as “wishful thinking” U.S. President Donald Trump’s belief that a fall in Chinese stocks was a sign of his […]
August 7, 2018

Icahn to send letter to oppose Cigna-Express Scripts deal: WSJ

Investor Carl Icahn will send an open letter to the shareholders of insurer Cigna Corp asking them to vote against the company’s $52 billion Express Scripts […]
August 6, 2018

Facebook in talks with banks to expand customer service

Facebook Inc said on Monday it is in talks to deepen links with banks and financial institutions, saying it can help the firms improve their customer […]
August 6, 2018

Sempra Energy CEO ‘very optimistic’ about talks with Elliott Management

Sempra Energy’s Chief Executive Jeffrey Martin told investors on Monday the company was in a “constructive dialogue” with activist investor Elliott Management, which has been pushing […]
August 6, 2018

Marriott sees revenue weakness in third quarter, shares fall

Marriott International Inc on Monday signaled weakness in revenue per available room (revPAR) in North America, its largest market, for the third quarter, sending shares of […]
August 6, 2018

Global stocks lift on strong earnings as trade fight caps gains; sterling slumps

Stock markets lifted on Monday after strong corporate earnings helped Wall Street close higher, but a tariff dispute between the United States and China limited gains […]
August 6, 2018

U.S. argues judge failed to take its arguments into account in AT&T trial

The U.S. government said on Monday the judge in the trial to stop AT&T Inc’s purchase of Time Warner failed to take into account how companies […]
August 6, 2018

Wall Street closes higher as strong earnings cheer investors

The three major U.S. stock indexes closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook […]
August 6, 2018

Exclusive: Mattress Firm explores U.S. bankruptcy to close stores – sources

Mattress Firm Inc, the largest U.S. mattress retailer, is considering a potential bankruptcy filing as it seeks ways to get out of costly store leases and […]
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