In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Apple's iOS 13.1 will be released on Sept. 24, six days earlier than previously announced.Technologyread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
The move could bring a welcome salve to farmers caught in the crosshairs of the trade war if it results in a reopening of the market.Politicsread more
The pilot program will deliver food and beverage, over-the-counter medications and other items within minutes, the company said. Prescription deliveries will not be available.Health and Scienceread more
(For a live blog on European stocks, type LIVE/ in an Eikon news window)
June 11 (Reuters) - A surge in the Frankfurt stock market as German and Swiss investors returned from a one-day holiday drove European shares higher on Tuesday as investors eyed Washington closely for further bursts of protectionist rhetoric.
Optimism over President Donald Trump's decision late on Friday to hold off on imposing import tariffs on Mexico has lifted sentiment this week, but there were new signs that the administration will make more threats to further its agenda in talks with major trading partners.
Secretary of State Mike Pompeo warned on Monday that the United States could still slap tariffs on Mexico if not enough progress was made on its commitment to stem illegal immigration.
Europe's pan-regional STOXX 600 index rose 0.43% by 0714 GMT, with Frankfurt's DAX outperforming.
Car industry shares rose 1.6% with German auto stocks BMW, Daimler and Volkswagen AS , lifting the tariff sensitive sector.
Madrid's bank-heavy IBEX was the only laggard, after Morgan Stanley lowered its estimates for bank earnings in Spain to an average 4% in 2020 and 6.5% in 2021, factoring in a flatter yield curve as a result of the European Central Bank's swing towards taking new steps to reduce market interest rates.
Among stocks, Hugo Boss rose 3.7% after shares of the German fashion house were upgraded to "equal-weight" from "underweight" by Morgan Stanley for the luxury retailer's strategic plan to reposition the brand under two labels.
Ted Baker tumbled 26% after the fashion retailer warned on annual profit after an "extremely difficult" start to 2019. (Reporting by Amy Caren Daniel and Agamoni Ghosh in Bengaluru; editing by Patrick Graham)