A jump in U.S. consumer spending propelled U.S. shares to a record high on Monday and global equities edged upwards, helping offset a weak euro zone sentiment survey and political uncertainty over Spain’s elections.
Expectations were high last year for three new migraine drugs hitting the market from Amgen Inc, Eli Lilly and Co and Teva Pharmaceutical Industries.
The S&P 500 broke above its intraday record high on Monday, underscoring the view that the bull market has longer to run, after consumer spending rose in March and inflation data was benign.
Toyota Motor Corp will build its Lexus NX luxury crossover vehicle at a Canadian plant starting in 2022, the company said on Monday, a decision that Prime Minister Justin Trudeau said demonstrated the value of the country’s international trade agreements.
Boeing Co CEO Dennis Muilenburg emerged with his job intact at an annual meeting on Monday and promised to win back the public’s trust after facing tough questions in the wake of two fatal crashes of the 737 MAX plane.
An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute.
Amazon.com Inc on Monday said it had leased office space and posted several jobs for its second headquarters outside Washington, D.C., the start of more than a decade of investment and hiring that cities across North America had sought.
U.S. stocks were higher in Monday afternoon trading, with the S&P 500 and the Nasdaq hitting record highs, as consumer spending rose in March and benign inflation data underscored the Federal Reserve’s accommodative stance on interest rates.
Boeing Co CEO Dennis Muilenburg, facing tough questions after two fatal crashes of the 737 MAX plane, emerged with his job intact at an annual meeting on Monday and promised at a tense news conference to win back the public’s trust. Battling the biggest crisis of his nearly four-year tenure as chief executive officer, Muilenburg faced few questions in the shareholder meeting about the crisis, which triggered the jet’s grounding and lingering questions over its safety as we
A jump in U.S. consumer spending pushed U.S. shares to an intraday record on Monday and global equities edged higher, offsetting a weak euro zone sentiment survey and political uncertainty over Spain’s elections.
Colombia’s Avianca Holdings SA said on Monday it is experiencing “reputational harm” from its association with Avianca Brasil, an air carrier that licenses its name and has canceled over 1,000 flights amid a bankruptcy restructuring.
Tesla Inc said on Monday it could seek alternative sources of financing, days after Chief Executive Officer Elon Musk reached a deal with U.S. securities regulators to settle a dispute over his Twitter use, removing an overhang on the stock.
The U.S. Securities and Exchange Commission on Monday obtained an asset freeze in connection with suspected insider trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron Corp.
U.S. President Donald Trump’s economic adviser on Tuesday said the White House still backs Stephen Moore for a seat on the Federal Reserve’s Board of Governors, despite Democratic lawmakers’ concerns about his competence and questions over his past remarks.
Amazon.com Inc on Monday said it had leased office space and posted several jobs for its second headquarters outside Washington, D.C., the start of more than a decade of investment and hiring that cities across North America had sought.
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