Britain’s M&S raises profit outlook after strong trading
(Reuters) – British retailer Marks & Spencer (OTC:MAKSY) raised its profit outlook on Tuesday, saying demand in stores had helped…
Insurers poised for US break on investment losses from high rates
(Reuters) – Some insurers operating in the United States stand to reap a windfall worth hundreds of millions of dollars…
Chesapeake to complete Eagle Ford basin exit with SilverBow deal
(Reuters) – U.S. natural gas producer Chesapeake Energy (NYSE:CHK) said on Monday it would sell its remaining Eagle Ford assets…
Wall St slips as Tesla weighs, investors await economic data
(Reuters) – Wall Street’s main indexes slipped on Monday on a drag from shares of Tesla (NASDAQ:TSLA), while investors also…
U.S. Steel shares jump after unsolicited bid from Cleveland-Cliffs
(Reuters) – Shares of U.S. Steel jumped about 27% in early trading on Monday, after the steelmaker rejected a $7.3…
Ford taps former Apple exec Stern to build hands-free driving business
(Reuters) – Ford Motor on Monday named former Apple (NASDAQ:AAPL) executive Peter Stern as the president of its newly-formed integrated…
AMC Entertainment to effect 10:1 reverse split on Aug. 24
AMC Entertainment (NYSE:AMC) Holdings said on Monday its 10-to-1 reverse stock split will take place on Aug. 24 and its…
Tesla cuts prices in China for some Model Y versions
(Reuters) – Tesla on Monday said it has cut prices in China for its Model Y long-range and performance versions…
Airlines, hotels branch out with experiences to lure travelers
(Reuters) – Casino operator MGM Resorts (NYSE:MGM) International is finding Formula One’s inaugural stop in Las Vegas is as much…
China’s Country Garden seeks to delay onshore bond repayment, fanning market fears
(Reuters) – Country Garden, China’s largest private developer, is seeking to delay payment on a private onshore bond for the…