 | | | | General Motors Co's strategy to make its luxury Cadillac marque its lead electric vehicle brand is the automaker's final opportunity to turn the unit around and make it a success, a top executive said on Monday. | | | | | | Fiat Chrysler Automobiles NV is reviewing its investment plan for Italy after the country approved taxes on the purchase of larger gasoline and diesel cars, Chief Executive Officer Mike Manley said on Monday. | | | | | | An anonymous trader caused a stir in the U.S. equity options market on Monday with a massive bet that recalled Warren Buffett's famous wager on global stocks more than a decade ago. | | | | | | World stock indexes fell on Monday after a surprise contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets. | | | | | | U.S. stocks declined on Monday as an unexpected drop in China's exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off. | | | | | | PG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California's catastrophic wildfires in 2017 and 2018. | | | | | | Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California. | | | | | | Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty is costing the industry. | | | | | | Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc for $10 billion, creating the world's biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal. | | | | | | Federal Aviation Administration (FAA) approval of aircraft such as Boeing's MAX and new routes like Southwest Airline Co's Hawaii launch are on hold due to the U.S. government shutdown, delaying commercial operations. | | | | | | Europe's Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with anticipated demand for the former Bombardier model. | | | | | |
