The S&P 500 and the Dow Jones Industrial Average rose on Monday, supported by gains in energy stocks and strong results from Berkshire Hathaway Inc, while the Nasdaq was dragged down by a 3 percent drop in Apple Inc shares.
A divided federal appeals court on Monday overturned the insider trading conviction of a former Wall Street investment banker accused of passing tips about five mergers in the healthcare industry to his father, and ordered a new trial.
Amazon.com Inc said on Monday it would offer free shipping with no purchase minimum for the first time this holiday season, heating up the competition with Walmart Inc and other rivals vying for customers’ Christmas shopping sprees.
Goldman Sachs Group Inc is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, its new finance chief said on Monday.
European shares eased on Monday as last week’s rebound ran out of steam on investor nervousness over fast-rising U.S. interest rates and Washington’s trade dispute with Beijing.
Sears Holdings Corp is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600 million from $300 million without Chairman Eddie Lampert’s hedge fund contributing, people familiar with the matter said on Monday.
An index of stocks on major markets were flat on Monday, following four days of a bounce-back from a 14-month low, ahead of a key vote to define the power balance in Washington and a meeting of the U.S. monetary policy makers.
Iran has lost around $2 billion in oil revenue since May, when U.S. President Donald Trump pulled out of the nuclear deal, U.S. Special Representative for Iran, Brian Hook, told reporters on a call on Monday.
The United Nations should hold the United States accountable for re-imposing sanctions on Monday to choke off Iran’s oil and shipping industry, measures that defy a U.N. Security Council resolution, Iran’s U.N. ambassador wrote in a letter to Secretary-General Antonio Guterres.
Home improvement chain Lowe’s Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc in a slowing housing market.
The S&P 500 and the Dow Jones Industrial Average rose on Monday, supported by energy stocks and strong results from Berkshire Hathaway Inc, while a 3 percent drop in Apple Inc shares dragged down the Nasdaq.
The boss of Japan’s Takeda Pharmaceutical said on Monday he was confident of securing investor backing for its $62 billion acquisition of London-listed Shire , despite some shareholders’ fears about the resulting debt burden.
Goldman Sachs Group Inc is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, and sees opportunities to grow its businesses further, its new finance chief said on Monday.
The United States imposed strict sanctions on Iran on Monday and threatened more action to stop Tehran pursuing “outlaw” policies, steps the Islamic Republic condemned as economic warfare and vowed to defy.
U.S. President Donald Trump’s national security adviser John Bolton said there will be additional U.S. sanctions on Iran after the Trump administration on Monday re-imposed oil and economic sanctions, but gave no other details.
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