Judge dismisses turnaround guru’s racketeering case vs McKinsey
A federal judge dismissed claims on Monday by turnaround pioneer Jay Alix that McKinsey & Co violated racketeering laws when the consulting firm expanded into...
Wall Street rallies on hopes of global economic stimulus
U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that...
U.S. tech industry leaders: French digital service tax harms global tax reform
Major tech firms and U.S. tech industry groups said on Monday that France’s new digital services tax undermines the global tax regime and multilateral efforts...
Wall Street gains on optimism over global economy
U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that...
Plant-based meat alternatives crowd U.S. grocery stores
Plant-based meat alternatives have seen booming interest from consumers, prompting a growing number of companies to enter the space in hopes of carving out a...
Fed’s Rosengren says cutting rates could worsen next downturn: Bloomberg
Boston Federal Reserve Bank President Eric Rosengren on Monday signaled no willingness to support further interest rate cuts, saying that U.S. economic conditions are still...
General Electric adds to defense against charges of bogus accounting
General Electric Co intensified its defense of its accounting practices on Monday after investors questioned it about an unusual research report alleging GE failed to...
Saudi Aramco asks banks to pitch for roles in IPO: sources
Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could...
Saudi Aramco asks banks to pitch for roles in planned IPO: sources
Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct knowledge of...
Oil up 1% after attack on Saudi field, but OPEC report caps gains
Oil prices were up more than 1% on Monday after a weekend attack on a Saudi oil facility by Yemen’s Houthi forces and as traders...