U.S. stocks stepped back from peak levels on Monday as investors took a breather as they anticipated a U.S. Federal Reserve interest rate cut this week and looked for signs of progress from U.S.-China trade negotiations, currently under way in Shanghai.
Ride-hailing company Uber Technologies Inc said on Monday it laid off 400 people globally from its marketing team.
Beyond Meat Inc saw shares sink on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based burgers and sausages soared in the second quarter and prompted an increase in its full-year sales forecast.
The Federal Trade Commission in June issued civil subpoenas to Johnson and Johnson as part of an investigation of whether contracting practices for its blockbuster rheumatoid arthritis drug, Remicade, violated antitrust laws, the company said in a regulatory filing on Monday.
London Stock Exchange Group Plc shares rose more than 15% to a record high on Monday as investors cheered its $27 billion bid to buy financial data firm Refinitiv Holdings Ltd, in a deal that could transform the exchange operator into a global market infrastructure and data giant.
Bank of America Corp said on Monday it would end its electronic payment services joint venture with First Data Corp next June, hours after Fiserv Inc completed its acquisition of the payment processor.
General Motors Co is bracing for attacks from Democratic presidential candidates at two debates that begin on Tuesday in Detroit near its headquarters.
Mylan NV's planned merger with Pfizer Inc's off-patent branded drugs business may have boosted its share price on Monday, but one of its most pressing problems remains: shortages of its flagship EpiPen emergency allergy treatment.
Capital One Financial Corp said on Monday the personal information including names, addresses, phone numbers and dates of birth of about 100 million individuals in the United States were obtained by a hacker who has now been arrested.
Worries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with companies as diverse as Juniper Networks and O'Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm.
Anadarko Petroleum Corp on Monday released new financial details of its proposed combination with Occidental Petroleum that revealed its acquirer did not expect to generate enough cash to cover its shareholder payments until 2022.
Oil prices extended overnight gains on Tuesday amid widespread expectations the U.S. Federal Reserve will cut interest rates for the first time in more than a decade this week.
A group of U.S. Democratic lawmakers on Monday criticized Goodyear Tire & Rubber Co for refusing to let them visit its Mexican plant, and said poor conditions there raised questions about Mexican labor reforms seen as key to ensuring passage of a new U.S.-Mexico-Canada trade agreement.
Capital One Financial Corp said on Monday personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.
The U.S. Justice Department said Paige Thompson, a former Seattle technology company software engineer, was arrested on Monday on a criminal complaint charging computer fraud and abuse for hacking into stored data of Capital One Financial Corp .