Millennials are getting major FOMO from the cash sharing app Venmo. Yahoo Finance’s Seana Smith, Andy Serwer, Julia LaRoche and Dan Howley discuss the New York Post’s report on the cause of their anxiety. …read more […]
(Reuters) – U.S. stocks sank in a broad sell-off on Monday, with the S&P 500 dropping more than 1.5 percent and technology firms bearing the brunt of an escalating trade dispute between the United States and other leading economies.
Harley Davidson, Netflix and Tapestry are the Yahoo Finance charts of the day. …read more […]
You didn’t think Tesla’s Semi truck would go without a Ludicrous-like software …read more […]
NEW YORK/FRANKFURT (Reuters) – U.S. buyout group Advent agreed to buy General Electric Co’s distributed power unit for $3.25 billion, the companies said on Monday, marking GE’s exit from a growing segment of the power business.
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Monday that forthcoming investment restrictions from the department will not be specific to China but would apply “to all countries that are trying to steal our technology.”
LONDON (Reuters) – Uber [UBER.UL] accepted it had made mistakes but said it had changed on Monday in a court challenge to a decision stripping it of its London license after it was ruled unfit to run a taxi service in its most important European market.
(Reuters) – Wall Street fell on Monday, with technology and industrials bearing the brunt of an escalating trade dispute between the United States and other leading economies.
Jun.25 — Matthew McLennan, head of global value team at First Eagle Investment, discusses General Electric’s M&A strategy as the company agrees to sell its industrial gas-engine business to Advent International in a $3.25 billion deal. He speaks with Bloomberg’s Vonnie Quinn on “Bloomberg Markets.” …read more […]
business confidence has been hurt by the prospect of a global trade war, but a couple major tailwinds are helping the United States stave off a crash … for now. …read more […]
The U.S. Supreme Court on Monday sided with American Express Co and against 11 states, ruling that the company’s policy of forbidding merchants from encouraging customers to use rival credit cards with lower fees does not violate federal antitrust law. Spurning states that had sued American Express, the justices upheld a lower court decision that had cleared the company of unlawfully stifling competition through so-called anti-steering provisions in its contracts with merchants. Shares of American Express moved higher after the ruling and were last up 2.2 percent at $99.41. …read more […]
The shift in production is an unintended consequence of U.S. President Donald Trump’s administration imposing tariffs on European steel and aluminum early this month, a move designed to protect U.S. jobs. …read more […]
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday sided with American Express Co, ruling that the company’s policy of forbidding merchants from encouraging customers to use rival credit cards with lower fees does not violate federal antitrust law.
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased more than expected in May as sales in the South surged to their highest level in nearly 11 years.
Carnival Corp. shares tumbled Monday after the cruise operator gave a weaker-than-expected outlook, citing growing fuel costs. The stock fell $6.11, or 9.6 percent, to $57.42 in morning trading. The lackluster … …read more […]
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