That big 'Trump bump' in manufacturing is pretty much gone now
Manufacturing had been a big winner during the Trump administration, but the surge appears to have stalled and tariffs could be partly to blame.
Manufacturing had been a big winner during the Trump administration, but the surge appears to have stalled and tariffs could be partly to blame.
"This downgrade is purely a valuation call," J.P. Morgan said.
As Federal Reserve policymakers grapple with how to downplay their quarterly "dot plot" projection of interest rates without eliminating it altogether, some are looking at a compromise: delay its release to reduce the chances that analysts treat it as a sneak peek of where Fed policy is heading.
Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history.
Private equity firm Apollo Global Management LLC is in the lead to acquire Shutterfly Inc after making the highest offer for the U.S. digital imaging company, people familiar with the matter said on Monday.
Tesla Inc’s rankings at two high-profile job websites have declined, suggesting that job dissatisfaction at the electric car company is intensifying amid layoffs, strategy shifts and executive turnover.
Drugmaker Insys Therapeutics Inc filed for Chapter 11 bankruptcy protection on Monday, about a week after agreeing to pay $225 million to settle a U.S. probe into bribes it paid to doctors for prescribing a powerful opioid medication.
Oil prices steadied on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude.
European shares followed Asian stocks higher on Monday after the United States shelved plans to impose tariffs on Mexico and as investors anticipated lower U.S. interest rates when the Federal Reserve meets next week on the back of poor jobs data.
Stock market investors gave their seal of approval to the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp on Monday, pushing shares of both companies higher after the surprise weekend announcement.
U.S. President Donald Trump said on Monday he was a "little concerned" about the $121-billion merger of defense contractor Raytheon Co and United Technologies Corp.
U.S. stocks opened higher on Monday after the United States abandoned plans to impose tariffs on Mexican goods, while a multi-billion dollar deal between United Technologies and Raytheon added to the cheer.
United Technologies Corp said on Monday it expects to secure regulatory approval by the first quarter of 2020 to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion.
Shares of defense contractor Raytheon Co and United Technologies Corp pared gains on Monday after U.S. President Donald Trump said he was a "little concerned" about their $121 billion merger to create a new aero-defense company.
Vacation Fund | Erica Pearson | June 10, 2019 Over the last 10 years, we’ve been blessed in business with a bull market; a bull market that’s supported a wave of innovation and taking chances. But with that bull market has come new standards and competition. Constant growth has become an expectation, which has companies