 | | | | NEW YORK (Reuters) - U.S. stocks rose to more than three-week highs on Monday, recovering much of the losses sustained in a sell-off earlier this month, as a decline in Treasury yields assuaged investor concerns about rising interest rates and refocused attention on economic growth. | | | | | | (Reuters) - Broadcom Ltd on Monday called a proposal by U.S. semiconductor peer Qualcomm Inc for a new meeting to negotiate an increase to Broadcom's $117 billion acquisition offer "engagement theater" aimed at dodging a takeover battle. | | | | | | (Reuters) - Apple Inc is preparing to release three new smartphones later this year, including the largest iPhone ever, a device that may have a bigger display than arch-rival Samsung's flagship phone, Bloomberg reported on Monday, citing people familiar with the products. | | | | | | WASHINGTON (Reuters) - A group of U.S. investors is seeking Washington's approval to acquire the nearly 50 percent collateral in U.S. refiner Citgo held by Russia's largest state-owned energy firm Rosneft, one of the investors said. | | | | | | NEW YORK (Reuters) - Former U.S. drug company executive Martin Shkreli will be held responsible for $10.4 million in financial losses when he is sentenced for defrauding investors, a federal judge ruled on Monday, rejecting his argument that he did not cause any losses because his investors eventually came out ahead. | | | | | | STOCKHOLM (Reuters) - The owners of Latvia's ABLV Bank, accused by U.S. authorities of large-scale money laundering, have decided to liquidate the lender after the European Central Bank said on Saturday it would be wound up, ABLV told Reuters on Monday. | | | | | | SAN FRANCISCO (Reuters) - Shares of Apple rose 2 percent on Monday and were on the verge of a record high after billionaire Warren Buffett talked up his company's stake in the iPhone maker. | | | | | | BERLIN/FRANKFURT (Reuters) - Automaker Geely's purchase of a $9 billion stake in Mercedes maker Daimler rekindled fears in Germany on Monday of its highly-prized expertise falling into Chinese hands. | | | | | | WASHINGTON (Reuters) - A full panel of a California appeals court ruled on Monday that the Federal Trade Commission may push forward with a lawsuit alleging that AT&T Inc was deceptive in slowing internet speeds to customers with unlimited plans. | | | | | | WASHINGTON (Reuters) - Sales of new U.S. single-family homes fell for a second straight month in January, weighed down by steep declines in the Northeast and South, which could raise concerns the housing market is losing momentum. | | | | | |
