Apple's main iPhone maker Foxconn got the green light on Monday to reopen two major plants in China closed because of the coronavirus and aims to resume production even though only 10% of the workforce has returned so far, a source told Reuters.
Oil prices fell to their lowest since January 2019 on Monday on weaker Chinese demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.
"I guess I'm just too negative on the thing I'm most negative about ... the future of the mall," CNBC's Jim Cramer said Monday.
Nissan informed a Dutch court on Monday that it would request that former boss Carlos Ghosn repay the compensation he received from its Dutch-based joint venture with Mitsubishi , a source close to the Japanese carmaker said.
Apple is currently the most valuable U.S. company at a $1.4 trillion market cap after a huge stock gain of more than 1,000% over the past decade
U.S. stocks rose and the Nasdaq hit a record high on Monday, as a recent set of strong domestic economic data and largely upbeat fourth-quarter earnings tempered worries about the impact of the coronavirus outbreak on global growth.
Amazon Web Services said on Monday it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the president was trying "to screw Amazon" when it awarded a Pentagon contract for cloud computing to rival Microsoft Corp.
Gold rose and the dollar hit a four-month high against the euro on Monday as the death toll from coronavirus outbreak passed that of the SARS epidemic two decades ago, boosting demand for safe havens.
Investment group Exor will have around $13 billion in cash provided it closes a deal to sell its reinsurance unit PartnerRe and it would spend most of that on acquisitions, a source close to the matter told Reuters.
A U.S. appeals court on Monday denied a request by Apple Inc that it reconsider a decision upholding a finding Apple iPhones infringed VirnetX Holding Corp patents relating to secure communications technology.
The energy sector's underperformance could make investment funds' decision to divest from the fossil fuel industry easier.
"Parasite," which won the Oscar for best picture Sunday night, uses a theme of haves vs. have-nots to drive its narrative, evoking the widening wealth divide among American families.
The Education Department's budget would be reduced under Trump's 2021 budget. Cuts include the end of subsidized student loans and the public service loan forgiveness program.
Wall Street gained ground and the Nasdaq reached a new record on Monday as Chinese workers and factories slowly returned to business following a Lunar New Year holiday that was extended due to the deadly coronavirus outbreak.
Deutsche Bank said on Monday it would issue at least $1 billion in Additional Tier 1 (AT1) securities as the bank manages its regulatory capital requirements.