 | | | | The U.S. government said on Monday the judge in the trial to stop AT&T Inc's purchase of Time Warner failed to take into account the Justice Department's arguments about how the deal would decrease competition. | | | | | | U.S. stocks closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook lifting the tech-heavy Nasdaq index after a report it was planning new services. | | | | | | Mattress Firm Inc, the largest U.S. mattress retailer, is considering a potential bankruptcy filing as it seeks ways to get out of costly store leases and shut some of its 3,000 locations that are losing money, people familiar with the matter said. | | | | | | Tyson Foods Inc beat analysts' quarterly profit estimates on Monday as the No. 1 U.S. meat processor reported a record operating income for its beef business due to increased exports and cattle supplies. | | | | | | Oil futures gained on Monday after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the United States prepares to reinstate sanctions against major exporter Iran. | | | | | | U.S. antitrust enforcers are in the early stages of reviewing T-Mobile US Inc's plan to buy Sprint Corp for $26 billion, and have reached no conclusions on how many wireless carriers the country needs, a source familiar with the situation said on Monday. | | | | | | Wall Street is largely backing CBS Corp , with few analysts changing their ratings or price targets on the media company, even as it looks into allegations of sexual misconduct against Chief Executive Les Moonves. | | | | | | Mexico's economy minister Ildefonso Guajardo said on Monday the country has put forward a proposal to update the North American Free Trade Agreement's contentious rules of origin, and in turn was studying the U.S. position. | | | | | | Stock markets lifted on Monday after strong corporate earnings turned Wall Street positive, but a tariff dispute between the United States and China limited gains in equities while boosting the dollar and helping keep Treasury yields lower. | | | | | | Harley-Davidson Inc is scouting for a partner with a manufacturing and distribution footprint to make lightweight motorcycles for use in India and other Asian markets, a top company executive said. | | | | | | PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a veteran who led the company's fast-growing emerging markets business. | | | | | |
