 | | | | General Motors Chief Executive Mary Barra, facing growing criticism, will meet with Ohio's two U.S. senators on Wednesday about the Detroit automaker's plans to idle five North American plants and cut up to 15,000 jobs. | | | | | | Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc . | | | | | | White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources. | | | | | | Brazil's antitrust regulator Cade said on Monday that a deal by Walt Disney Co to buy Twenty-First Century Fox's entertainment assets raised concerns about undermining competition in the cable television market. | | | | | | Wall Street's major indexes rallied on Monday following a truce between the United States and China in their trade dispute, which has clouded the outlook for the stock market for much of the year. | | | | | | GlaxoSmithKline has agreed to buy U.S. cancer specialist Tesaro for $5.1 billion, a costly investment to rebuild the pharmaceuticals business by new Chief Executive Emma Walmsley that unnerved investors. | | | | | | A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while sending the dollar lower and the Chinese yuan and several trade-dependent currencies higher. | | | | | | U.S. chipmaker Qualcomm Inc said on Monday it was not looking to revive its abandoned $44 billion acquisition of Dutch peer NXP Semiconductors NV , a day after the White House said China would reconsider clearing a deal if it was attempted again. | | | | | | Walt Disney Co said on Monday Chief Executive Officer Robert Iger has agreed to certain adjustments to his compensation package, which ties his paycheck to the company's performance, as it nears the completion of its Twenty-First Century Fox acquisition. | | | | | | Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada's Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply. | | | | | | U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an appeal by a New York investment banker who had been banned from the industry. | | | | | |
