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Asian shares edge up, bolstered by modest gains on Wall Street

TOKYO (Reuters) - Asian shares edged higher on Tuesday, taking solace from modest gains on Wall Street even as investors remained wary ahead of the annual central banking conference in Jackson Hole later this week......»»

Category: topSource: REUTERS57 min. ago Related News

S&P 500 snaps losing streak

Telecom and other defensive sectors rallied Monday to offset declines in energy stocks. Fred Katayama reports......»»

Category: videoSource: REUTERS3 hr. 11 min. ago Related News

Lockheed wins $427 million U.S. defense contract: Pentagon

WASHINGTON (Reuters) - Loc.....»»

Category: topSource: REUTERS3 hr. 26 min. ago Related News

Macy"s to restructure merchandising unit, cut 100 jobs

(Reuters) - Department store chain Macy's Inc said on Monday it would restructure its merchandising operations, which could result in about 100 job cuts......»»

Category: topSource: REUTERS3 hr. 26 min. ago Related News

Hedge fund manager Dalio cuts risk amid worries about Washington

BOSTON (Reuters) - Billionaire investor Ray Dalio, who has been expressing concerns about President Donald Trump in recent months, said on Monday he was cutting some of his exposure during a time of growing political and economic divisions......»»

Category: topSource: REUTERS3 hr. 26 min. ago Related News

S&P 500 index gains after recent selloff; energy stocks fall

(Reuters) - The benchmark U.S. S&P 500 stock index ended up slightly on Monday after two days of declines, though a drop in oil prices weighed on energy shares and tensions between the United States and North Korea kept investors on edge......»»

Category: topSource: REUTERS3 hr. 26 min. ago Related News

Citigroup taps Goldman activist defense banker for global role

NEW YORK (Reuters) - Citigroup named Muir Paterson to head the bank's global team of bankers advising companies on activist shareholders, the bank announced on Monday......»»

Category: topSource: REUTERS4 hr. 56 min. ago Related News

ADP rejects new board candidates, Ackman fires back

(Reuters) - Automatic Data Processing Inc on Monday rejected billionaire investor William Ackman's three proposed board candidates, sparking more criticism from the hedge fund manager who is trying to shake up the human resources outsourcing firm......»»

Category: topSource: REUTERS4 hr. 56 min. ago Related News

S&P 500 gains after two days of declines; energy falls

(Reuters) - The S&P 500 ended up slightly on Monday after two days of declines, though simmering tensions between the United States and North Korea kept investors on edge and a drop in oil prices weighed on energy shares......»»

Category: topSource: REUTERS4 hr. 56 min. ago Related News

S&P 500 ends up slightly after two days of losses

NEW YORK (Reuters) - The S&P 500 ended slightly higher on Monday after two sessions of losses, but simmering tensions between the United States and North Korea kept investors on edge and a drop in oil prices weighed on energy shares......»»

Category: topSource: REUTERS5 hr. 41 min. ago Related News

Yahoo owes millions for busting NCAA tournament bracket deal: court

(Reuters) - Yahoo Inc owes a prize promoter $5.5 m.....»»

Category: topSource: REUTERS6 hr. 11 min. ago Related News

Sempra Energy to buy Oncor for $9.45 billion in blow to Berkshire

(Reuters) - Utility Sempra Energy said on Monday that it would buy Oncor for $9.45 billion in cash after majority owner Energy Future Holdings Corp abandoned a deal to sell the power transmission company to Warren Buffett's Berkshire Hathaway Inc......»»

Category: topSource: REUTERS6 hr. 11 min. ago Related News

Wall Street flat as North Korea worries remain; energy a drag

(Reuters) - U.S. stocks were little changed on Monday as simmering tensions between the United States and North Korea kept investors on edge, while a drop in oil prices weighed on energy shares......»»

Category: topSource: REUTERS6 hr. 11 min. ago Related News

China’s Great Wall sets sight on Fiat Chrysler

Great Wall Motor Co is interested in Fiat Chrysler Automobiles an official from the Chinese company said, confirming reports it is pursuing all or part of the owner of the Jeep and Ram truck brands, but any deal would face a number of hurdles......»»

Category: videoSource: REUTERS6 hr. 56 min. ago Related News

Sempra to buy Oncor for $9.5 bln

Sempra Energy will buy the company Warren Buffett sought, Oncor, for $9.5 billion in cash. Fred Katayama reports......»»

Category: videoSource: REUTERS6 hr. 56 min. ago Related News

U.S. funds get tougher on climate and diversity, but not CEO pay

BOSTON (Reuters) - Even as top U.S. asset managers BlackRock Inc and State Street Corp pressed companies on climate and diversity issues this year, they made few waves on another area of corporate governance: CEO pay......»»

Category: topSource: REUTERS7 hr. 56 min. ago Related News

J&J ordered to pay $417 million in trial over talc cancer risks

(Reuters) - Johnson & Johnson on Monday was ordered by a California jury to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powder for feminine hygiene......»»

Category: topSource: REUTERS7 hr. 56 min. ago Related News

Wall Street flat as North Korea, White House worries linger

(Reuters) - U.S. stocks were mostly flat in early afternoon trading on Monday amid concerns over the recent turmoil in the White House and simmering tensions between the United States and North Korea......»»

Category: topSource: REUTERS7 hr. 56 min. ago Related News

Businesses cash in on eclipse

Millions have traveled to spots along the eclipse route in the U.S. As Fred Katayama reports, some hotels are nearly all full, and stocks tend to rise in the year after a total eclipse......»»

Category: videoSource: REUTERS8 hr. 26 min. ago Related News

Breakingviews TV: Healthcare activism

Aug 21 - Antony Currie and Rob Cyran explain why publicly-traded U.S. hospitals like Tenet are suffering under a weight of debt – and whether Glenview and other investors can find a financial cure......»»

Category: videoSource: REUTERS8 hr. 26 min. ago Related News