Exclusive: Loeb’s Third Point building stake to pressure Sony – sources
(Reuters) – Daniel Loeb’s hedge fund Third Point LLC is building a stake in Sony Corp to push for changes that include shedding some businesses, the second time in six…
Stocks edge higher as crude oil gains
NEW YORK – A gauge of global equities edged higher on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the…
Exclusive: Standard Chartered expected to pay just over $1 billion to resolve U.S., U.K. probes
NEW YORK (Reuters) – London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its…
Twitter’s Jack Dorsey paid $1.40 in 2018
FILE PHOTO: Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. REUTERS/Anushree Fadnavis (Reuters) –…
Pinterest seeks $15-$17 per share in IPO, below last private valuation
(Reuters) – Pinterest Inc on Monday set a price range of $15 to $17 per share for its initial public offering of 75 million shares, valuing it below the $12…
S&P 500, Nasdaq edge higher as earnings season looms
NEW YORK (Reuters) – The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in check by falling industrials as investors braced for what analysts…
S&P 500, Nasdaq edge higher as earnings season looms
NEW YORK (Reuters) – The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in check by falling industrials as investors braced for what analysts…
U.S. proposes list of EU goods for tariff retaliation against Airbus subsidies
FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau WASHINGTON (Reuters) – The U.S. Trade Representative on Monday proposed…
Uber, ahead of IPO, sees some time before self-driving cars dominate the road
NEW YORK (Reuters) – Uber Technologies Inc expects it will be a long time before one of its biggest investments, self-driving cars, is ready for wide-scale deployment, a senior scientist…
Sony shares surge after Reuters reports Third Point building stake again
FILE PHOTO: A shopper looks at Sony Corp’s Bravia television monitors at an electronics store in Tokyo June 20, 2013. REUTERS/Issei Kato TOKYO (Reuters) – Sony Corp shares surged more…