Investors favor U.S. stocks amid political tensions overseas
American investors are shying away from foreign stocks. The No. 1 reason they cite: concerns about political tensions between the U.S. and other nations.
American investors are shying away from foreign stocks. The No. 1 reason they cite: concerns about political tensions between the U.S. and other nations.
U.S. casino operator Eldorado Resorts Inc has agreed to buy rival Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on larger companies such as Las Vegas Sands and Wynn Resorts.
WarnerMedia, part of AT&T Inc, said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190624:nBw11GtfYa on Monday the company has appointed Ann Sarnoff as the chief executive officer of Warner Bros.
Lawyers for Huawei's chief financial officer, who is being detained in Vancouver on U.S. fraud charges against her, on Monday urged Canada's Minister of Justice to reconsider whether to withdraw the extradition proceedings.
Brazil's civil aviation regulator will take back grounded airline Avianca Brasil's slots in Sao Paulo's coveted domestic airport as part of a plan to redistribute them later, according to a decision published in the government's official gazette on Monday.
Facebook dismissed calls for a break-up of the world's biggest social network and other big internet companies on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content.
Amazon.com Inc on Monday unveiled its online professional beauty store to sell supplies to licensed professional stylists, barbers and estheticians, weighing on shares of other beauty retailers.
The U.S.-based research arm of China's Huawei Technologies Co Ltd - Futurewei Technologies Inc - has moved to separate its operations from its corporate parent since the U.S government in May put Huawei on a trade blacklist, according to two people familiar with the matter.
Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin.
(Editor's note: contains language that some readers may find offensive, paragraphs 2, 9.)
Wall Street's main indexes were flat on Monday, as losses in healthcare stocks offset gains in the technology sector, while investors awaited a high-stakes meeting between U.S. and Chinese leaders at the G20 summit later this week.
Shopify debuts a new network to help it compete with Amazon.
Brazil's antitrust regulator wants new rules for allocating airplane landing and departure rights, known as slots, in Sao Paulo's crowded domestic airport, saying they are too concentrated among two main airlines.
Wall Street struggled for direction on Monday as gains by technology companies were blunted by losses in the healthcare sector, while investors looked to U.S. President Donald Trump's meeting with his Chinese counterpart Xi Jinping at the G20 summit later this week.
Oil prices edged lower on Monday as crude demand concerns resurfaced and the possibility of an imminent conflict between the United States and Iran faded.