Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Activist investor Marathon Partners Equity Management is planning to push discount cosmetics maker e.l.f. Beauty to start a process to sell itself or refocus on its core operations and cut costs, the Wall Street Journal reported on Tuesday.
Marathon believes that e.l.f's branded cosmetics and its platform to get new products to customers faster could attract potential buyers, the Journal said.
The New York-based hedge fund also thinks that private-equity firm TPG, which owns nearly 30 percent of e.l.f. and has three representatives on the board, holds too much influence. It wants new directors who are unaffiliated with TPG added to the board, the newspaper said, citing a draft of a letter to e.l.f.'s chief executive.
The Journal quoted e.l.f. Chief Executive Tarang Amin saying the company had not yet received the letter but would review it "as we would any other stockholder communication."
Marathon is the fourth largest shareholder in the company with an 8.54 percent stake, according to Thomson Reuters data.
Neither Marathon nor e.l.f Beauty could immediately be reached for comment.
E.l.f Beauty, which has a market capitalization of $637.6 million, has lost nearly 40 percent of its share value on the New York Stock Exchange this year.