U.S. stocks opened higher on Monday as expectations of a U.S.-China trade truce were strengthened by a report that the two sides were nearing an agreement, while a raft of blockbuster deals also lifted sentiment.
Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.
CNBC's Jim Cramer says the mainstream media wrongly thinks that "'Xi is a great Chinese man with great Democratic leanings; member of the WTO. And we have a madman as president.'"
Charles Schwab Corp agreed on Monday to buy TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, creating a brokerage giant in a market that has been ravaged by price wars.
Saudi Aramco's executives met officials of Abu Dhabi Investment Authority (ADIA) on Monday to discuss a potential investment in the oil giant's share sale that could raise as much as $25.6 billion, three sources familiar with the talks said.
Britain's Just Eat urged shareholders on Monday to shun a $6.3 billion cash offer from Prosus , saying a currently lower valued deal with Takeaway.com was a better bet as it would create the largest food delivery firm outside China.
MSCI published the environmental, social and governance (ESG) ratings of more than 2,800 companies on Monday, giving all asset managers more detail to make their investment decisions.
Uber was stripped of its license to carry paying passengers in London on Monday for the second time in just over two years, pending an appeal, over a "pattern of failures" on safety and security.
MIT Tech Review | Mike Orcutt | Nov 21, 2019 While central bank digital currencies may address problems in other countries, the US doesn’t have those problems, according to Fed chair Jerome Powell. A digital dollar is a solution in search of a problem. Well, at least in the US, according to Jerome Powell, chair
Tesla Inc shares rose 4% on Monday after Chief Executive Officer Elon Musk tweeted over the weekend that the company had already received 200,000 orders for its futuristic Cybertruck pickup.
Fortune | Polina Marinova | Nov 21, 2019 PayPal’s got a lot going on. It has agreed to acquire Honey, a Los Angeles-based provider of a deal-finding browser add-on and mobile app, for $4 billion. This is PayPal’s largest acquisition to date and the largest acquisition of a tech company in L.A. history. Just yesterday,
Retail subscription for Saudi Aramco's initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, lead manager Samba Capital said.
Oil prices were little changed on Monday as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal to end their trade war.
McDonald's Corp agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California.
Gold fell for a fourth straight session and global equity markets rallied on Monday, with the Nasdaq and S&P 500 hitting new highs on revived hopes the United States and China could soon sign an interim deal to end their prolonged trade war.