LOS ANGELES (Reuters) – The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back “animal spirits” that encourage risk-taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday.
BERLIN (Reuters) – Volkswagen AG’s Czech division Skoda said it will shift some production of sport-utility vehicles (SUVs) to Germany to meet growing demand for its models.
Wireless networks are looking towards 5G, a new network technology that promises faster, higher bandwidth cellular internet. So is Apple, according to a new job listing. …read more […]
NEW YORK (Reuters) – Wall Street fell on Monday as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two-month losing streak.
Warren Buffett’s deputy Todd Combs is spending most of his time searching for a CEO now. …read more […]
The tobacco giant’s latest earnings report clouds the picture of how much e-cigs can grow. …read more […]
NEW YORK (Reuters) – Wall Street fell on Monday as healthcare stocks slid and rising oil prices and a looming deadline for exemptions to U.S. steel and aluminum tariffs weighed on investor sentiment.
About 200 people in a caravan of Central American asylum seekers waited on the Mexican border with San Diego for a second straight day on Monday to turn themselves in to U.S. border inspectors, who said the nation’s busiest crossing facility did not have enough space to accommodate them. After a monthlong journey across Mexico under the Trump administration’s watchful eye, the asylum seekers faced an unexpected twist Sunday when U.S. Customs and Border Protection Commissioner Kevin McAleenan said San Diego’s San Ysidro border crossing facility had “reached capacity.” The agency said in a statement on Monday that it …read more […]
TORONTO (Reuters) – Canada’s stock exchange, the world’s sixth largest, was back in business on Monday after a hardware glitch abruptly ended trading on Friday and the exchange operator TMX Group said it was working to ensure there will be no repeat of the embarrassing market disruption.
These stocks have the right stuff for investors approaching retirement or who are already there. …read more […]
There’s no need to pay crazy prices for these solid companies. …read more […]
Apple has the financial strength to ramp up its buyback program, according to RBC Capital Markets analyst Amit Daryanani. Apple could buy back $25 billion of its own stock over the next five years. At $261 billion, Apple has the largest cash pile of any US company, and a large chunk of that is stashed overseas. …read more […]
Apple Inc. may have finally found some support. …read more […]
(Reuters) – Wall Street dipped on Monday afternoon, reversing gains from earlier in the session, weighed down by healthcare stocks, while surging oil prices added to worries about rising costs for companies.
WASHINGTON (Reuters) – AT&T sought to hide the high cost to consumers of its $85-billion deal to buy movie and TV producer Time Warner, the Justice Department said in its closing arguments on Monday as the United States tried to block the deal in court.
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