Future of Finance | Lex Sokolin | Aug 27, 2019 I've got a gentle, data-backed story this week inspired by a great distinction made in this Techonomy article by the Chief Digital Officer at Schneider Electric. The thesis tracks three key lessons from attempting to bring large companies into the 21st century: (1) transform the
Philip Morris and Altria confirmed they were in merger talks on Tuesday, making one or multiple traders millions of dollars, Jon Najarian says.
Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world's largest tobacco companies in a bid to dominate the fast-growing electronic-cigarette market.
Qualcomm Inc on Tuesday announced a new range of Wi-Fi chips designed to work with Wi-Fi 6, the newest version of the technology and one that Qualcomm hopes will help boost sales of its separate 5G chips.
U.S. consumer confidence fell less than expected in August, with households still upbeat about the labor market despite an escalation in trade tensions, which has cast a shadow over the longest economic expansion in history.
The U.S. Department of Justice on Tuesday filed criminal charges accusing Anthony Levandowski, a former high-ranking engineer at Alphabet Inc , of stealing the company's self-driving car technology before joining rival Uber Technologies Inc .
Wall Street slipped on Tuesday, weighed down by financial stocks as a deepened yield curve raised U.S. recession worries, while uncertainty reigned on the progress of trade negotiations between the U.S. and China.
Oil prices rose in highly volatile trade on Tuesday supported by expectations of a drawdown in U.S. crude inventories, though gains were capped by worries about a recession and uncertainty over a China-U.S. trade deal.
Underscoring discord at the U.S. central over interest-rate policy, directors at half of the Federal Reserve's regional Fed banks -- including those at the influential New York Fed -- wanted to keep the emergency lending rate for commercial banks unchanged in July.
The U.S. central bank on Tuesday rejected a call from a former Federal Reserve policymaker to counter President Donald Trump's trade agenda by refusing to "play along" and denying the president the interest rate cuts he has demanded.
British oil major BP said on Tuesday it had agreed to sell its Alaskan operations for $5.6 billion to privately held oil and natural gas explorer Hilcorp Alaska as part of its divestment plans.
The U.S. yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall Street and stoked even more safe-haven demand for government bonds.
OxyContin maker Purdue Pharma and its owners, the Sackler family, is in discussion to settle more than 2,000 lawsuits against the company for $10 billion to $12 billion, two people familiar with the matter said on Tuesday.
The U.S. Department of Justice on Tuesday filed criminal charges against Anthony Levandowski, accusing the former high-ranking Alphabet Inc engineer of stealing the company's self-driving car technology before joining rival Uber Technologies Inc .
Oil prices rose in volatile trade on Tuesday supported by expectations of a drawdown in U.S. crude inventories, though gains were capped by worries about a recession and uncertainty over a China-U.S. trade deal.