July 16, 2018

Tesla shares fall after CEO Musk abuses British diver

Shares of Tesla Inc fell 2.75 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cave divers involved […]
July 16, 2018

IBM seeks $167 million from Groupon in dispute over early internet patents

International Business Machines Corp on Monday asked a U.S. jury to award it $167 million in a lawsuit accusing e-commerce marketplace operator Groupon Inc of using […]
July 16, 2018

S&P 500 dips as energy shares fall; Netflix tumbles late after results

The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as […]
July 16, 2018

Bank of America profit beats on consumer loan growth, lower expenses

Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and […]
July 16, 2018

Lockheed wins $451 million U.S. defense contract: Pentagon

Lockheed Martin Corp is being awarded a $451 million contract modification to a previously awarded contract for material and detail design in support of the construction […]
July 16, 2018

Netflix shares tank after subscriber numbers miss targets

Netflix Inc’s subscriber growth and forecast fell short of Wall Street expectations, sending shares of the normally high-flying stock crashing 14 percent on Monday. Powered by […]
July 16, 2018

S&P 500 dips as energy shares fall, but financials bounce

The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as […]
July 16, 2018

Buffett donates $3.4 billion to Gates’ and family charities

Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire’s largest contribution in his plan to give away his […]
July 16, 2018

Oil’s 4 percent tumble weighs on energy shares; banks rally

The price of oil tumbled more than 4 percent on Monday, putting pressure on energy shares and keeping global stock markets in check, although financial shares […]
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