GM laying off another 415 workers in Mexico as U.S. strike continues
General Motors Co said Monday it is temporarily laying off another 415 workers in Mexico as a strike by 48,000 U.S. hourly workers enters its fourth week.
General Motors Co said Monday it is temporarily laying off another 415 workers in Mexico as a strike by 48,000 U.S. hourly workers enters its fourth week.
General Electric Co said on Monday it would freeze pensions for about 20,000 salaried U.S. employees and take other related moves to help the ailing conglomerate cut debt and reduce its retirement fund deficit by up to $8 billion.
U.S. President Donald Trump's chief economic advisor on Monday said the administration has begun studying U.S. investor protections in China, but that delisting Chinese companies traded on U.S. exchanges 'is not on the table'.
The so-called hard data, which refers to concrete numbers about the economy such as unemployment, continues to reflect economic strength.
White House economic adviser Larry Kudlow on Monday said it was possible U.S. and Chinese trade negotiators could make progress when they meet in Washington this week, and said Washington was open to looking at what proposals Beijing brought.
"At the end of the day, you've got to take away the hype," Bob Greifeld says about companies going public in today's climate.
Charles Schwab spoke to CNBC's Bob Pisani on "The Halftime Report" on Monday.
Investing legend Charles Schwab said he would stay away from money-losing IPOs.
Oil prices jumped on Monday as supply issues took center stage following a week of sharp losses, while stocks and the dollar were little changed with eyes on the upcoming Sino-U.S. trade talks.
U.S. President Donald Trump's chief economic adviser on Monday said the administration had begun studying U.S. investor protections in China, but that delisting Chinese companies traded on U.S. exchanges "is not on the table."
U.S. stocks cut losses on Monday after comments from White House economic adviser Larry Kudlow calmed nerves over the outcome of scheduled high-level trade talks with China later in the week, with chipmaker Nvidia buoying the tech-heavy Nasdaq index.
Oil prices jumped on Monday as supply issues took center stage following a week of sharp losses, while stocks and the dollar drifted higher with eyes on the upcoming Sino-U.S. trade talks.
The House of Representatives may vote on a measure to extend Social Security's solvency. Here's a look at what legislators could do this fall to fix the nation's insurance program.
Airbus said in a statement on Monday it had booked 303 gross and 127 net orders between January and September of this year.
A surprise $1.9 billion investment by Delta Air Lines in LATAM Airlines Group is likely to fire up competition in South America as the weakest U.S. carrier in the region joins up with the strongest homegrown player.