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Apple starts selling locally assembled iPhone XR in India

Apple Inc has started selling its popular iPhone XR phones assembled in India, as it looks to expand its share in the world's second-largest smartphone market where it has struggled against cheaper products from rivals.



5 years ago

Drug companies reach $260 million opioid settlement with Ohio counties, averting landmark trial

Four large drug companies reached a last-minute $260 million legal settlement over their role in the U.S. opioid addiction epidemic, striking a deal with two Ohio counties to avert the first federal trial over the crisis.



5 years ago

Colorado drops out of states' fight to stop Sprint, T-Mobile merger

Colorado has decided to drop out of an effort by state attorneys general to T-Mobile US's merger with Sprint in exchange for 2,000 jobs, the Colorado attorney general's office said in a statement.



5 years ago

Deutsche Bank plans job cuts of at least 10% in rates unit: Bloomberg

Deutsche Bank AG said it is considering substantial cuts to the unit that trades interest-rate securities, a division that survived a large-scale pullback as part of the lender's sweeping revamp in July, Bloomberg reported on Monday.



5 years ago

11 tips for 11 million women – how female entrepreneurs can beat the odds

Women are currently majority owners of 38% of U.S. small businesses, up from 29% in 2007. Yet the road for women entrepreneurs is uphill, with around 20% of businesses failing in the first year. Here are 11 tips to beat these odds.

5 years ago

Oil prices fall 1% as global demand concerns grow

Oil prices fell more than 1% on Monday after comments from a U.S. official stymied hopes that a U.S.-China trade deal would be reached soon, prompting renewed concern that a slowing global economy would reduce demand for oil.



5 years ago

Colorado abandons legal effort to stop Sprint, T-Mobile merger

Colorado became on Monday the second state to drop out of an effort by state attorneys general to stop T-Mobile US Inc's $26 billion merger with Sprint Corp .



5 years ago

Trump says trade deal with China is coming along great

President Donald Trump continued to speak optimistically about the possibility of a deal to end the U.S. trade war with China, telling reporters on Monday that the trade deal is coming along great.



5 years ago

Wall Street rises on trade hopes; Boeing keeps gains in check

Wall Street rose on Monday on signs of progress in resolving the prolonged U.S.-China trade war, while a second straight session of declines for Boeing pressured the blue-chip Dow index.



5 years ago

Stocks climb on hopes for progress in trade; sterling edges up

Shares on world stock indexes mostly rose on Monday, as hopes for resolving the U.S.-China trade war pushed investors toward riskier assets, while the pound was near a 5-1/2-month high.



5 years ago

Wealthy investors double up on fear that another market drop is coming

Investors with $1 million or more are much more concerned about the U.S. economy and stock market than they were just one quarter ago, according to a new survey from E-Trade Financial.

5 years ago

Coty looks to offload brands including Wella, Clairol; shares rise

Coty Inc is exploring the sale of its business unit that houses hair and nail care brands such as Wella, Clairol and OPI as part of its plan to whittle down its portfolio and cut debt, sending its shares up nearly 14% on Monday.



5 years ago

When fintech met crowdfunding

AltFi | Luke Lang | Oct 21, 2019 Something special is happening at the intersection of retail investors and financial technology, writes Crowdcube's Luke Lang. It became clear that fintech companies began to prize crowdfunding three years ago. Monzo crashed our servers in 2016 when it raised £1m in 96 seconds. Last December, the now-serial

5 years ago

Fidelity drops Fisher's money management firm as withdrawals accelerate

Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of withdrawals from the firm over allegedly sexist comments by its leader, Kenneth Fisher.



5 years ago

Peloton's stock takes a spill, even as IPO underwriters cheer it on

Shares of Peloton Interactive slumped 6% on Monday, even after a multitude of buy ratings from the stationary bike seller's IPO banks, underscoring Wall Street's growing exhaustion from money-losing startups.



5 years ago