 | | | | Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business posted its first underwriting profit since the financial crisis. | | | | | | U.S. President Donald Trump's threat to increase tariffs on Chinese goods left prospects for a deal to end a trade war between the world's two largest economies in limbo on Monday, casting uncertainty on plans for more talks this week. | | | | | | U.S. stocks fell on Monday after President Donald Trump threatened to raise tariffs on Chinese goods, though they pared much of their early losses as healthcare shares rose and some investors remained confident of an eventual trade agreement. | | | | | | Wall Street's indexes and bond yields ended down but well above their session lows while oil futures settled higher as investors bet that U.S. President Donald Trump's threats to raise tariffs on China would not materialize. | | | | | | Two U.S. senators on Monday criticized reported plans for a Federal Trade Commission settlement with Facebook Inc for misuse of consumers' personal data, saying that top officials, potentially including founder Mark Zuckerberg, must be held personally responsible. | | | | | | U.S. companies in everything from computer chips to tractors have said President Donald Trump's trade wars, including disputes with Beijing and global steel tariffs, have had an impact on them. | | | | | | Big-name hedge fund managers, including David Einhorn and Larry Robbins, pitched stock ideas ranging from airplane lessors to biotech companies that are working to extend the human lifespan at the Sohn Investment Conference in New York on Monday. | | | | | | Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matter said on Monday. | | | | | | U.S. President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States but that is not exactly the way tariffs work. | | | | | | U.S. meat processor Tyson Foods Inc said on Monday that it could reap significant financial gains from an incurable hog disease that is spreading rapidly across Asia and expected to lift global pork prices. | | | | | | David Einhorn, president of Greenlight Capital, at the Sohn Investment Conference on Monday said his firm is positive on airplane leasing company AerCap Holdings and negative on railcar leasing company GATX Corp. | | | | | |
