U.S. dominates second quarter global M&A as mega deals roll on
NEW YORK/LONDON (Reuters) – Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of…
Slack Technologies down 1% after service outage
FILE PHOTO: The Slack Technologies Inc. logo is seen on a banner outside the New York Stock Exchange (NYSE) during…
When controversies hit, wait-and-see no longer works, U.S. companies find
NEW YORK (Reuters) – When Bank of America Corp (BAC.N) held its annual meeting in April, activists insisted it stop…
Explainer: How U.S.-China talks differ from any other trade negotiations
WASHINGTON (Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan…
Wall St. wraps up its best June in decades as G20 convenes
NEW YORK (Reuters) – Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing…
Luxury online reseller The RealReal closes up more than 40% in debut
(Reuters) – Shares of U.S. online luxury reseller The RealReal Inc (REAL.O) closed up more 40% in their debut on…
Best-case scenario for Trump-Xi talks is resumption of trade negotiations: Pence adviser
FILE PHOTO: White House director of legislative affairs Marc Short takes part in a daily briefing at the White House…
Oil prices fall, but post weekly gain ahead of G20 talks, OPEC
NEW YORK (Reuters) – Oil prices fell on Friday but posted their second straight week of gains ahead of trade…
Wall St. wraps up its best June in decades as G20 convenes
NEW YORK (Reuters) – Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing…
Stocks advance to end first half as G20 in focus
NEW YORK (Reuters) – A gauge of global stocks climbed on Friday in advance of a meeting on trade between…
Sarepta surges after Pfizer gene therapy data raises safety concerns
(Reuters) – Shares of Sarepta Therapeutics Inc (SRPT.O) surged 15% on Friday after some safety concerns were raised in a…
Diocese in Little Rock settles sexual abuse claims for $790K
Lawyers for five men who claim an Arkansas priest sexually abused them more than four decades ago said Thursday that…
Mayor calls out worker accused of spitting on Eric Trump
Democratic Chicago Mayor Lori Lightfoot has condemned a cocktail lounge employee who Eric Trump says spit on him. Lightfoot said…
Icahn steps up fight with Occidental over deal, wants board seats
(Reuters) – Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of…
Oil prices mixed ahead of U.S. crude stock data
HOUSTON (Reuters) – Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing…
U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals
FILE PHOTO: Tyson food meat products are shown in this photo illustration in Encinitas, California May 29, 2014. REUTERS/Mike Blake…
Wall Street sinks as hopes fade for rate cuts, trade progress
NEW YORK (Reuters) – Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as…
Fed pushes back on aggressive U.S. rate cut views
NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central…
Disney poaches Netflix film executive for streaming service
FILE PHOTO: The entrance gate to The Walt Disney Co is pictured in Burbank, California February 5, 2014. REUTERS/Mario Anzuoni…
Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts
PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected…
FedEx profit beats estimates, warns of pain in 2020 from trade war
(Reuters) – Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China…
UPS will not join FedEx lawsuit against U.S. government
(Reuters) – United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the…
Micron says some Huawei shipments resumed, shares rise
(Reuters) – Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects…
Tesla faces delivery bottleneck at close of second quarter: Electrek
FILE PHOTO: Employees work in a Tesla showroom, as Tesla announces it would close many stores and its sales would…
U.S. hopes to re-launch China trade talks, will not accept conditions on tariffs
WASHINGTON (Reuters) – The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi…
Oil prices climb amid fall in U.S. stockpiles, Middle East worries
A pumpjack is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann SYDNEY (Reuters) – Oil…
FAA reassigns three in office overseeing Southwest Airlines: source
A Southwest airplane sits on the tarmac in Austin, Texas, U.S., March 12, 2019. REUTERS/Lucy Nicholson WASHINGTON (Reuters) – The…
Asia stocks slip after Fed tempers aggressive rate cut expectations
TOKYO (Reuters) – Asian stocks slipped on Wednesday and the dollar pulled back from three-month lows after Federal Reserve officials…
Opioid use booming as tramadol crisis emerges in Africa – U.N. drug report
VIENNA (Reuters) – Synthetic opioid use is booming, the United Nations said on Wednesday in a worldwide drug report that…
Juul loses home turf as San Francisco bans e-cigarette sales
(Reuters) – San Francisco will become the first major city in the United States to ban the sale of e-cigarettes…
U.S. pork lobby says regulatory changes needed after Trump biotech order
CHICAGO (Reuters) – The U.S. pork lobby said on Tuesday more must be done to simplify regulations for genetically altered…
Oklahoma judge approves Teva’s $85 million opioid settlement
(Reuters) – An Oklahoma judge on Monday approved a revised $85 million (£66.7 million) settlement with Teva Pharmaceutical Industries Ltd…
Alphabet commits to data privacy in Toronto smart city master plan
TORONTO (Reuters) – A high-tech smart city project proposed along Toronto’s waterfront by Alphabet Inc unit Sidewalk Labs has pledged…
U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
WASHINGTON (Reuters) – U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of…
S&P 500 slips as healthcare drags, investors eye G20 summit
NEW YORK (Reuters) – The S&P 500 edged lower on Monday as losses by healthcare companies overshadowed gains in the…
FedEx confirms Huawei mail ban as new ‘mistake’ reignites Chinese ire
(Reuters) – FedEx Corp has apologized for another Huawei delivery “mistake,” reigniting Chinese ire and drawing the fire of state…
WarnerMedia names Ann Sarnoff as CEO of Warner Bros
FILE PHOTO: Ann Sarnoff, Chief Operating Officer of BBC Worldwide America, speaks during the 2011 Bloomberg Media Summit in New…
Dollar falls with yields as more Fed talk awaited
SYDNEY (Reuters) – Asian stocks were left adrift on Tuesday as expectations of more dovish talk from the Federal Reserve…
Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings
(Reuters) – Lawyers for Huawei’s chief financial officer urged Canada’s justice minister on Monday to withdraw extradition proceedings against Meng…
Oklahoma judge approves Teva’s $85 million opioid settlement
(Reuters) – An Oklahoma judge on Monday approved a revised $85 million (£66.7 million) settlement with Teva Pharmaceutical Industries Ltd…
Conatus Pharma to explore options as liver disease drug fails trial
(Reuters) – Conatus Pharmaceuticals Inc said on Monday it plans to explore options and implement a restructuring plan after its…
Teleflex recalls breathing tubes worldwide after reports of 4 deaths
(Reuters) – Teleflex Inc said on Monday it plans to recall some lots of its Hudson RCI Sheridan endotracheal tubes…
White House unveils $50 billion Palestinian economic plan
The Trump administration on Saturday unveiled a $50 billion Palestinian investment and infrastructure proposal intended to be the economic engine…
Sentencing looms in Charlottesville attack; man seeks mercy
The self-avowed white supremacist who plowed his car into counterdemonstrators opposing a white nationalist rally in Virginia two years ago,…
Iran says its airspace is fully safe and secure: Tasnim
DUBAI (Reuters) – Iran’s Civil Aviation Organization said on Saturday the country’s airspace was safe for airlines to fly through,…
Velodyne Lidar hires bankers for an IPO: Business Insider
A Velodyne LiDAR sensor is seen mounted on a self-driving vehicle during a self-racing cars event at Thunderhill Raceway in…
U.S. group says Novartis MS drug price out of line with benefit
ZURICH (Reuters) – A U.S. group that reviews the value of medicines issued a critical report on Novartis’s new multiple…
Ex-airport worker admits to taking bribes during UN meeting
A former supervisor at Kennedy Airport admitted Friday that she took bribes to allow Qatar and other countries to park…
Judge in Sandy Hook conspiracy lawsuits reports threats
A Connecticut judge overseeing lawsuits by families of Sandy Hook shooting victims against conspiracy theorist Alex Jones says she has…
Bang-up week on Wall Street ends with a whimper
(Reuters) – Wall Street edged lower on Friday, as U.S. Vice President Mike Pence’s decision to defer a speech on…
Huawei files lawsuit against U.S. Commerce Department over seized equipment: filing
WASHINGTON (Reuters) – Huawei Technologies Co Inc filed a lawsuit against the U.S. Commerce Department on Friday challenging whether telecommunications…
Brazil’s Petrobras pays $700 million to Vantage Drilling after court decision
FILE PHOTO: Brazil’s state-run Petrobras oil company headquarters is pictured in Rio de Janeiro, Brazil May 27, 2019. REUTERS/Sergio Moraes…
General Electric to scrap California power plant 20 years early
NEW YORK (Reuters) – General Electric Co said on Friday it plans to demolish a large power plant it owns…
Wall Street Week Ahead: Investors eye G20 with hopes for U.S.-China trade detente
NEW YORK (Reuters) – All eyes will be on U.S. President Donald Trump and China’s President Xi Jinping next week…
Exclusive: Exxon’s $53 billion Iraq deal hit by contract snags, Iran tensions – sources
BASRA, Iraq/BAGHDAD (Reuters) – Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion…
Citi sees case for Fed to lower rates by 50 bps in July
FILE PHOTO: A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014.…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation,…
U.S. banks clear first hurdle of Federal Reserve’s annual stress test
WASHINGTON (Reuters) – The 18 largest banks operating in the United States took the first step toward doling out capital…