 | | | | U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to need some convincing the United States and China would reach a trade agreement and weaker-than-expected construction data did not help their mood. | | | | | | Wall Street's major indexes fell on Monday, weighed down by a weak U.S. construction spending report and declines in healthcare shares, as an initial rally on optimism over a U.S.-China trade deal faded. | | | | | | Tesla Inc Chief Executive Officer Elon Musk said on Monday production of the $35,000 version of the electric carmaker's Model 3 will start this month, but would not reach volume production until mid-year. | | | | | | The dollar rose against a basket of major currencies on Monday on traders' bets that China and the United States are moving closer to a trade deal that would end sparring between the world's two biggest economies. | | | | | | Tesla Inc will unveil its Model Y on March 14 at an event in LA Design Studio, Chief Executive Elon Musk said on Sunday. | | | | | | Newmont Mining Corp rejected rival Barrick Gold Corp's $18 billion buyout offer on Monday, but proposed a joint venture in Nevada instead, a deal worth billions that would create a major operator in the largest U.S. gold-producing region. | | | | | | General Motors Co said on Monday it expects to end production of the Chevrolet Cruze at its Lordstown, Ohio assembly plant on Wednesday, the first of five plants it is idling this year in North America. | | | | | | Volkswagen has signed German start-up e.GO Mobile as the first external partner for its modular platform for electric vehicles (EV), as it seeks to simplify production across a variety of models. | | | | | | China's government and its leading smartphone maker Huawei Technologies Ltd on Monday stepped up pressure on U.S. and Canadian governments in a dispute over market access that has ensnared Huawei's CFO, who faces U.S. criminal charges. | | | | | | When Laura Hirsch of Keller Texas had to find a rehabilitation center to help her father recover from a difficult surgery in September, the caregiving service Cariloop saved her a whole day. | | | | | | OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from roughly 2,000 lawsuits alleging the drug manufacturer contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday. | | | | | |
