NVIDIA (NASDAQ: NVDA) announced a deal yesterday to buy mobile-chip designer Arm Holdings from SoftBank (OTC: SFTBY) in a cash and stock deal valued at $40 billion. Rumors have swirled in recent weeks that a deal was imminent. NVIDIA said the acquisition would be immediately acc
Pfizer (NYSE: PFE) is conducting one of the most advanced trials of a vaccine for COVID-19, and CEO Albert Bourla told an interviewer on Sunday that the drugmaker could know if its candidate is effective by the end of October.
The Trump administration moved on Monday to block U.S. imports of cotton, apparel and other products from five specific entities in western China's Xinjiang region, but shelved proposed broad bans on all cotton and tomato products from Xinjiang, Department of Homeland Security officials said.
Formula One's governing body is considering whether Lewis Hamilton broke any rules in wearing a T-shirt with "Arrest the cops who killed Breonna Taylor" on it before and after Sunday's Tuscan Grand Prix.
The stock market can be a very stressful place to put your money -- especially in times of increased volatility and economic uncertainty related to the coronavirus pandemic and economic recession. But investors can sleep easier by investing in blue-chip companies that enjoy long
NEW YORK/LONDON (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
OPEC has reduced its forecast for oil demand again this year due to the continued effects of the COVID-19 outbreak on the global economy. The group of oil-producing nations also cut its global consumption forecast for next year given the pandemic's likely lingering effects on gr
Canada will announce on Tuesday that it is going ahead with a threat to slap retaliatory tariffs on U.S. goods after Washington said it would impose punitive measures on Canadian aluminum imports, CTV said on Monday.
Wall Street's major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a spurt of multi-billion dollar deals also brightened the mood.
J.C. Penney (OTC: JCPN.Q) could have a third buyer riding to its rescue, participating in a buyout rather than allowing its bankruptcy to potentially continue to liquidation, according to a weekend report by Bloomberg. Privately held Authentic Brands Group is apparently joining
President Donald Trump's latest executive order aimed at lowering U.S. drug prices by linking them to those of other nations is "light on details" but "surely exceeds" his authority, Roche's top drug executive said on Monday.
The stock market has widely recovered from the coronavirus pandemic, with the S&P 500 index up more than 5% year to date. But some companies are still trading at attractive discounts because of the disproportionate impacts they faced during the crisis.
(RTTNews) - SiriusXM Monday said it has extended its long-term agreement with General Motors (GM) that will continue the relationship between the two companies into 2027.
Both bull and bear ETFs are showing immense potential as abrupt changes in sentiments have raised the appeal for these products. A bull ETF makes money in an upward market while a bear ETF gains when the market goes down. These products create a long/short position with a levera
What happened
Shares of gambling technology company Scientific Games (NASDAQ: SGMS) jumped as much as 51.7% in trading Monday after getting a large investment and a board shakeup. The stock trailed off a little early in the trading day, but was still up 41.6% at 9:25 a.m. EDT.
President Donald Trump's latest executive order aimed at lowering U.S. drug prices by linking them to those of other nations is "light on details" but "surely exceeds" his authority, Roche's top drug executive said on Monday.
At-home fitness company Peloton Interactive (NASDAQ: PTON) recently made waves by announcing a new approach to its product lineup. The company will offer two product tiers in both its stationary bicycle and treadmill categories. The move was celebrated by investors because of wh
Choosing when to file for Social Security benefits is an important decision, particularly if you expect to depend on your monthly checks for a substantial portion of your retirement income.
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