 | | | | The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the oil company for decades concealed its knowledge of the role fossil fuels play in climate change. | | | | | | Wells Fargo & Co said on Monday board member Karen Peetz has decided not to stand for reelection after roughly two years on the board. | | | | | | Amazon.com Inc and Netflix fueled a second straight session of gains on Wall Street on Monday, as the resumption of U.S.-China trade talks helped ease concerns that have pummeled the market in recent months. | | | | | | An index of world stocks rose on Monday, adding to Friday's strong gains, on optimism about the outcome of trade talks between Washington and Beijing. | | | | | | A long-standing liquidator is now first in line for one of the U.S. retail sector's most daunting assignments: shutting down 126-year-old department store chain Sears Holdings Corp , people familiar with the matter said on Sunday. | | | | | | Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets. | | | | | | The head of Canada's auto union said on Monday he was set to meet with General Motors Co executives in Detroit on Tuesday to discuss the automaker's Oshawa, Ontario, assembly plant, scheduled to shut down in December 2019. | | | | | | Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies plan to launch a low-cost bourse that will compete with the New York Stock Exchange and Nasdaq. | | | | | | Eli Lilly and Co said on Monday it will buy Loxo Oncology Inc for $8 billion, an expensive bet on a pipeline of cancer drugs that target rare genetic mutations and the biggest acquisition in Lilly's 143-year history. The price represents a 68 percent premium to Loxo's Friday share price close, which some analysts said was high for a company with one approved drug that it shares with a partner. | | | | | | Asian-controlled leasing companies splashed out on passenger jets worth $25 billion at list prices to pick out bargains as planemakers Airbus and Boeing raced to end a relatively quiet year with fresh orders. | | | | | | SoftBank Corp is in talks to invest $2 billion in U.S. shared office space provider WeWork Cos Inc this year, a much lower amount than the $16 billion discussed towards the end of last year, the Financial Times reported on Monday. | | | | | |
