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Global stocks sink on dismal economic data, mixed trade signals
Global shares sank on Monday as weaker-than-expected economic data added to investor worries over the unresolved U.S.-China trade dispute’s effects on the world economy.
Global shares sank on Monday as weaker-than-expected economic data added to investor worries over the unresolved U.S.-China trade dispute’s effects on the world economy.
The Federal Communications Commission suffered a setback on Monday in a long-running legal battle when a federal appeals court struck down its latest effort to loosen U.S. media ownership rules.
Alphabet Inc’s Google said on Monday it is rolling out Google Play Pass, a subscription service that gives Android users access to more than 350 apps and games without ads and in-app purchases.
Huawei Chief Financial Officer Meng Wanzhou arrived at a Canadian courtroom on Monday along with her lawyers to press for more details surrounding her arrest at Vancouver’s airport nearly 10 months ago.
For weeks we’ve been covering the national “vaping crisis.”
And it just continues to gain steam.
The Centers for Disease Control and Prevention announced that the number of victims from the vaping-related illness is now over 530. Unfortunately, it has also claimed its eighth victim – a Missouri man in his 40s.
In response to the growing epidemic, the Food and Drug Administration launched a criminal probe last week. The agency has collected more than 150 samples for forensic analysis. Though the majority of illnesses appear to come from THC vape pens.
Meanwhile, two states – New York and Michigan – have banned all …read more […]
Apple Inc boosted the S&P 500 and the Nasdaq on Monday, even as gains were limited by mixed economic cues in the face of a prolonged U.S.-China trade war.
The Federal Reserve’s policy shift since last year has made monetary policy “considerably more accommodative” than a year ago, but world markets are likely expecting more to come, St. Louis Federal Reserve bank president James Bullard said on Monday.
Ford is recalling about 322,000 cars whose batteries could catch fire due to acid leakage, trade publication kfz-betrieb reported on Monday, citing Germany’s KBA federal motor authority.
Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd [HWT.UL], will appear in a Vancouver, Canada, courtroom on the first of three days of trial starting on Monday. Here is a timeline of the case and its geopolitical implications.
Chinese importers bought about 10 boatloads of U.S. soybeans on Monday following deputy-level trade talks in Washington last week that were overshadowed by the abrupt cancellation of a U.S. farm state visit by Chinese agriculture officials.
Hundreds of thousands of holidaymakers were stranded on Monday by the collapse of the world’s oldest travel firm Thomas Cook , sparking the largest peacetime repatriation effort in British history.
Former Wall Street investment banker Sean Stewart was found guilty on Monday of insider trading a second time for passing tips about healthcare industry mergers to his father.
Apple Inc said on Monday it will make new Mac Pro desktop computers at its Austin, Texas facility, following some relief on tariffs by the U.S. government.
Oil stabilized on Monday, after gaining nearly 7% last week, as lingering concerns over global supplies following the Sept. 14 attack on Saudi oil facilities offset prospects for a faster-than-expected restoration of the kingdom’s output and on signs of European economic weakness.
Wall Street’s main indexes were flat on Monday as mixed economic cues did little to soothe investor concerns over slowing domestic growth in the face of a prolonged U.S.-China trade war.
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