Wall St. slips as Turkey's currency worries hurt bank stocks
(Reuters) - U.S. stock indexes fell on Monday as a plummeting Turkish lira weighed on shares of big U.S. lenders, but losses on the Nasdaq were limited by high-flying companies such as Apple and Amazon that hit record highs.
Musk says talking to Saudi fund, others on Tesla buyout
(Reuters) - Tesla Inc
Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia's sovereign wealth fund and other potential backers of his plan to take the electric car-maker private, but said financing was not yet nailed down.
Netflix finance chief David Wells to step down
(Reuters) - Netflix Inc
Chief Financial Officer David Wells will step down after eight years in the role, the video streaming company said on Monday.
Roundup cancer verdict sends Bayer shares sliding
FRANKFURT (Reuters) - Bayer
shares plunged as much as 14 percent on Monday, losing about $14 billion in value, after newly acquired Monsanto was ordered to pay $289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller and cancer.
The Chinese street's view of the trade war: some say they won't buy U.S. products
BEIJING/SHANGHAI (Reuters) - Chinese officials have been mostly measured and moderate in their response to U.S. President Donald Trump's ratcheting up of a trade war with Beijing in recent weeks through his announcement of a series of punitive tariffs. They have generally avoided adding to tensions, allowing the Communist Party's official media to make the most bellicose comments.
NRF lifts 2018 U.S. retail sales forecast on strong job market, tax reform
(Reuters) - The National Retail Federation on Monday raised its U.S. retail sales forecast for 2018, citing higher wages, gains in disposable income and a strong job market that have boosted consumer spending.
Citigroup says global card chief Linville leaving in shakeup
NEW YORK (Reuters) - Citigroup Inc said on Monday that Jud Linville, the head of global cards and consumer services, is leaving the company as part of a reorganization of executives in its global consumer banking businesses.
Brazil's Congress should weigh in on Embraer-Boeing deal: lawmaker
RIO DE JANEIRO (Reuters) - Brazil's Congress should be consulted on a plan for U.S. planemaker Boeing Co
to take over the commercial jet unit of Embraer SA , the speaker of Brazil's lower house of Congress said in a newspaper interview published on Monday.
Former Audi CEO Stadler's request to be freed from custody rejected
FRANKFURT (Reuters) - Former Audi
Chief Executive Rupert Stadler's request to be freed from custody has been rejected, the Munich court of appeal said on Monday.
Independent labels urge EU to block Sony's $2.3 billion bid for EMI
BRUSSELS (Reuters) - Independent music labels group Impala has called on EU antitrust regulators to block Sony Corp's bid to become the world's largest music publisher with its $2.3 billion offer for control of EMI, saying the combination would have too much market power.