 | | | | While the S&P boasted its steepest August percentage gain in more than three decades it ended Monday slightly lower and the Dow also lost ground as investors took a pause although the Nasdaq closed higher thanks to high-flying stocks including Apple Inc. | | | | | | Zoom Video Communications Inc raised its annual revenue forecast by 30% after comfortably beating quarterly estimates on Monday, as it converts more of its huge free user base to paid subscriptions. | | | | | | A gauge of global stocks pulled back from a record high on Monday but locked in a fifth straight month of gains while the dollar remained weak as investors adjust to the policy shift outlined by Federal Reserve Chair Jerome Powell last week. | | | | | | Argentina's debt restructuring deal received "massive" backing from creditors, Economy Minister Martin Guzman said on Monday, which would allow the country to revamp 99% of the total eligible bonds and gain breathing room during a swirling economic crisis. | | | | | | Delta Air Lines and American Airlines said on Monday they are permanently dropping domestic change fees, mirroring an announcement by rival United Airlines on Sunday in a push to woo back travelers. | | | | | | French publishing and media group Lagardere said on Monday it had rejected a request made by activist fund Amber Capital and Vivendi to hold an extraordinary general meeting. | | | | | | Argentina's $65 billion debt restructuring gained huge majority support with creditors tendering 93.55% of the eligible bonds, the country's Economy Minister Martin Guzman said at a press conference on Monday, allowing a near full revamp of the debt. | | | | | | Amazon.com Inc's drone service has received federal approval that will allow the company to begin testing commercial deliveries through its drone fleet, the e-commerce giant said on Monday. | | | | | | McDonald's Corp said on Monday former Chief Executive Steve Easterbrook's motion against the company should be dismissed, reiterating that the terms of his separation from the company were based on fraudulent statements. | | | | | | With a new policy framework in place, the Federal Reserve will turn to discussion of its next steps in the fight against the economic fallout of the coronavirus pandemic, and if and when to roll out additional support. | | | | | |
