General Electric Co has named Carolina Dybeck Happe, currently finance chief at shipper AP Moller-Maersk as its chief financial officer, the latest in a slew of management changes aimed at stabilizing the U.S. industrial conglomerate.
A U.S.-based foundation overseeing promising semiconductor technology developed with Pentagon support will soon move to Switzerland after several of the group's foreign members raised concerns about potential U.S. trade curbs.
World shares staged a cautious rally on Monday as investors held out for some progress in U.S.-China trade talks, while the dollar dipped after its latest rally on the back of strong U.S. economic data.
Chinese buyers scooped up at least 20 cargoes of Brazilian soybeans last week due to uncertainty over a trade deal with the United States that sent them rushing to lock in supplies, traders said on Monday.
Wells Fargo lowered its rating on Netflix to underperform from market perform and said the company will need to spend more.
Charles Schwab Corp will buy TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, the two largest U.S. discount brokerages said on Monday, as they try to fend off competition from newer rivals.
A.P. Moller-Maersk's finance chief Carolina Dybeck Happe will leave the shipping group to take up a similar position at General Electric early next year, the companies said on Monday.
Here are the biggest calls on Wall Street on Monday
Though financial conversations are not easy, not fun and even frightening, people still know they need to have them.
The U.S. holiday shopping period kicking off on Friday may heighten Wall Street's perception of a growing divide between retailers adapting to online sales and those unable to shake their reliance on dwindling shopping mall traffic.
Blackstone Group Inc said on Monday it will invest $400 million in a joint venture with Swiss drug company Ferring that is working on an experimental gene therapy for bladder cancer, the private equity giant's largest ever bet on drug development.
Financial Advisor | John Bowens | Nov 20, 2019 Like the small businesses it was designed to help, equity crowdfunding is still in its start-up stage. But the U.S. Securities and Exchange Commission reports that it’s rapidly growing into a viable source of financing – and a new investment option for those who want to
The all-stock merger of CBS Corp and Viacom Inc is expected to close on Dec. 4, the companies said on Monday.
U.S. stocks opened higher on Monday as expectations of a U.S.-China trade truce were strengthened by a report that the two sides were nearing an agreement, while a raft of blockbuster deals also lifted sentiment.
Fortune | Polina Marinova | Nov 21, 2019 PayPal’s got a lot going on. It has agreed to acquire Honey, a Los Angeles-based provider of a deal-finding browser add-on and mobile app, for $4 billion. This is PayPal’s largest acquisition to date and the largest acquisition of a tech company in L.A. history. Just yesterday,