Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.
T-Mobile US Inc on Monday beat analysts' third-quarter estimates for net new phone subscribers who pay a monthly bill, boosted by competitive wireless plans aimed at fending off its bigger rivals.
Microsoft Corp said it has tracked "significant" cyberattacks coming from a group it calls "Strontium" or "Fancy Bear", targeting anti-doping authorities and global sporting organizations.
The S&P 500 hit a record high on Monday, while the Nasdaq fell just short of its lifetime high touched in late July as a more civil tone between the United States and China lifted hopes for a possible trade deal and investors looked toward a Federal Reserve rate cut later this week.
An index of global stock markets rallied to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.
Oil prices fell on Monday after four days of gains as expectations U.S. crude stockpiles will rise and worries about weak Chinese industrial data offset hopes oil demand will increase if talks progress on a Sino-American trade deal.
Richard Branson's space tourism company began trading its stock publicly following its merger with Chamath Palihapitiya's venture
Lockheed Martin Corp has been awarded a $7 billion modification to a contract providing for 114 F-35 aircraft for the U.S. Air Force, the U.S. Marine Corps, the U.S. Navy, and the governments of Norway, Australia and Italy, the Pentagon said on Monday.
Major automakers including General Motors Co , Toyota Motor Corp , Hyundai Motor Co and Fiat Chrysler Automobiles NV are asking to intervene in a lawsuit filed by 23 U.S. states last month, the companies said on Monday.
The United States Trade Representative is studying whether to extend tariff suspensions on $34 billion of Chinese goods set to expire on Dec. 28 this year, the agency said on Monday.
Google parent Alphabet Inc missed analysts' estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.2% even though revenue growth topped expectations.
Beyond Meat Inc reported its first ever net profit and raised its full-year sales forecast, but shares tumbled 6.5% in extended trading as the vegan burger maker said it would need to offer more store discounts or promotions as competition heats up.
A proposed joint venture between United Airlines , Colombia's Avianca Holdings and Panama's Copa Holdings has been delayed due to the potential inclusion of Brazil's Azul SA as a fourth partner, as well as problems at Avianca, the CEOs of two of the companies said.
Johnson & Johnson received grand jury subpoenas in August from the U.S. attorney's office for the Eastern District of New York related to its opioid medication policies, the company said in a regulatory filing on Monday.
The California Public Utilities Commission on Monday said it would open a formal investigation of wide-scale precautionary power outages imposed by several utilities this month as high winds posed heightened wildfire risks across the state.