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  • May 21- Influential U.S. magazine Consumer Reports will not recommend Tesla Inc's Model 3 sedan, saying on Monday it braked slower than a full-sized pickup truck, taking the shine off a day of gains for shares in Elon Musk's electric car company. Musk had driven shares in Tesla as much as 4 percent higher with weekend tweets showing the Silicon Valley company was...

  • May 21- Luxury accessories and apparel maker Tapestry Inc said on Monday that Giovanni Morelli, creative director of its Stuart Weitzman footwear brand, has resigned, citing unspecified behavior. He succeeded Stuart Weitzman, the brand's founder and now its chairman. Stuart Weitzman is the smallest of Tapestry's three businesses by sales.

  • BENTONVILLE, Ark. _ America's Car-Mart Inc. on Monday reported fiscal fourth-quarter net income of $10.2 million. On a per-share basis, the Bentonville, Arkansas- based company said it had net income of $1.43. America's Car-Mart shares have risen 23 percent since the beginning of the year.

  • May 21- Memory chipmaker Micron Technology Inc said on Monday it would buy back up to $10 billion of its shares, in conjunction with its newly announced plans to return at least 50 percent of free cash flow to stockholders from fiscal 2019.. The buyback represents about 16 percent of Micron's market capitalization of $62 billion. Shares of Micron were up 3.3...

  • SAO PAULO, May 21- Brazil's real gained more than 1 percent on Monday after the country's central bank boosted its currency swap program, while Mexico's peso weakened past 20 per dollar to a more than one-year low. Mexico's peso briefly blew past 20 per dollar, touching its weakest level since March 2017, before slightly rebounding. Stocks suffered across Latin...

  • WASHINGTON, May 21- The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy orders. U.S. customs authorities will collect anti-dumping duties of 199.76 percent and countervailing duties of 256.44 percent on imports of...

  • SAO PAULO, May 21- Protests by truckers in Brazil demanding a reduction in diesel prices have impacted the flow of goods at Santos, Latin America's largest port, the port administration said on Monday. Santos port authority said the protests have restricted the arrival of goods to several terminals, as well as the dispatch of imported products to domestic...

  • BEIJING _ China Finance Online Co. on Monday reported a loss of $5.2 million in its first quarter. The Beijing- based company said it had a loss of 23 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *U.S.- China trade war spat "on hold"- Mnuchin. NEW YORK May 21- U.S. stocks rose on Monday and gains in industrials helped propel the Dow to a more than two-month closing high, after a truce between the United States and China calmed fears that a trade war might be imminent. Mnuchin said on Sunday the United States and China had agreed to drop their tariff threats, and...

  • NEW YORK, May 21- Pennsylvania Governor Tom Wolf's administration on Monday sued an array of financial, legal and other professional firms over their involvement in a 15- year-old incinerator upgrade project that nearly bankrupted the state capital, Harrisburg. The state sued RBC Capital Markets, Buchanan Ingersoll& Rooney PC, Public Financial Management...

  • *US executive order restricts Venezuela's ability to sell assets. *Oil markets tight on OPEC cuts, looming U.S. sanctions vs Iran. NEW YORK, May 21- U.S. crude hit its highest level since 2014 on Monday amid rising concerns that Venezuela's oil output could fall further following the country's presidential election and potential sanctions on the OPEC- member...

  • Because of concern about Chinese attempts to invest in sensitive U.S. technologies, the U.S. Senate and U.S. House of Representatives are considering measures to expand the clout of the inter-agency Committee on Foreign Investment in the United States, or CFIUS, which reviews investments to ensure they do not harm national security. In a brief letter sent to the...

  • HARRISBURG, Pa.— The Latest on a lawsuit over the Harrisburg incinerator project:. A Pennsylvania law firm is defending its role in a trash incinerator project that nearly bankrupted Harrisburg. A new lawsuit blames lawyers, engineers and financial experts for a trash incinerator project that nearly bankrupted the city of Harrisburg, calling it "the worst...

  • General Electric Co., up 29 cents to $15.26. LaSalle Hotel Properties, up $1.71 to $33.61. MB Financial Inc., up $5.63 to $49.28.

  • WESTLAKE, Ohio _ Nordson Corp. on Monday reported fiscal second-quarter net income of $91.2 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share. Eight analysts surveyed by Zacks expected $549.9 million.

  • May 21- A former software engineer at Uber Technologies Inc sued the ride-hailing service on Monday, claiming that she was subjected to sexual harassment during her employment but that her complaints were ignored, the law firm representing the plaintiff said. The law firm, Outten& Golden, said in a statement that Ingrid Avendano, who worked at Uber from 2014 to...

  • *Venezuela election stirs worries on oil output, sanctions. NEW YORK, May 21- Global stock markets rallied broadly on Monday after the United States and China agreed to halt a trade war, while oil hit multi-year highs on political uncertainty and potential sanctions on Venezuela. The U.S. trade battle with China was put "on hold" after the world's two largest...

  • LONDON _ International Game Technology PLC on Monday reported a loss of $103.1 million in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Six analysts surveyed by Zacks expected $1.16 billion.

  • NEW YORK— Microsoft says it's committing to giving users worldwide the same data and privacy rights being offered to Europeans under new regulations there. That means no matter where you live, you'll be able to see what Microsoft collects about you and correct or delete that information if necessary. Microsoft made its promise explicit in a blog post and new...

  • May 21- Adobe Systems Inc said on Monday it would buy e-commerce services provider Magento Commerce from private equity firm Permira for $1.68 billion in cash, its biggest deal in nearly a decade. Magento was acquired by Permira from eBay Inc in 2015 and counts Canon, Helly Hansen, Paul Smith and Rosetta Stone among its clients. Magento also share customers...