October 14, 2019

SoftBank’s Claure announces investment in Mexican startup Kavak

Japan’s SoftBank will invest in Mexican used car platform Kavak, the group’s chief operating officer Marcelo Claure said on Monday, adding to SoftBank’s growing portfolio in […]
October 14, 2019

Facebook’s Libra announces board as support shrinks further

Backers of Facebook Inc’s Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online […]
October 14, 2019

In new headache, WeWork says it found cancer-causing chemical in its phone booths

Cash-strapped WeWork, the office-sharing company that is trying to negotiate a financial lifeline, has a new problem that may prove costly. It has closed about 2,300 […]
October 14, 2019

Stocks meander on caution over trade talks, dollar gains

The U.S. dollar gained on Monday as optimism ebbed over a potential U.S.-China trade deal that President Donald Trump outlined last week, while a gauge of […]
October 14, 2019

Stocks pause on unsettled trade deal; earnings eyed

Wall Street edged lower on Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which […]
October 14, 2019

Oil falls more than 2% on U.S.-China trade deal doubts, stronger dollar

Oil prices lost about 2% on Monday on worries that global crude demand could stay under pressure as few details about the first phase of a […]
October 14, 2019

Oilfield services firm ProPetro cuts almost 150 workers: sources

ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the oilfield […]
October 14, 2019

Industrial earnings take center stage in third quarter with trade, economy in focus

Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy’s health and […]
October 14, 2019

Wall St. flat as trade optimism wanes, earnings in focus

U.S. stocks paused on Monday after three sessions of gains as a lack of clarity over the first phase of a U.S.-China trade deal weighed on […]
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