Analysts stick with CBS as Moonves allegations probed

Wall Street is largely backing CBS Corp , with few analysts changing their ratings or price targets on the media company, even as it looks into allegations of sexual misconduct against Chief Executive Les Moonves.

Exclusive: Mattress Firm explores U.S. bankruptcy to close stores - sources

Mattress Firm Inc, the largest U.S. mattress retailer, is considering a potential bankruptcy filing as it seeks ways to get out of costly store leases and shut some of its 3,000 locations that are losing money, people familiar with the matter said.

Sprint, T-Mobile in early stages of regulatory review, no decisions yet - source

U.S. antitrust enforcers are in the early stages of reviewing T-Mobile US Inc's plan to buy Sprint Corp for $26 billion, and have reached no conclusions on how many wireless carriers the country needs, a source familiar with the situation said on Monday.

Mexico and U.S. studying NAFTA rules of origin proposals - minister

Mexico's economy minister Ildefonso Guajardo said on Monday the country has put forward a proposal to update the North American Free Trade Agreement's contentious rules of origin, and in turn was studying the U.S. position.

Earnings boost stocks as trade fears cap gains; sterling slumps

Stock markets lifted on Monday after strong corporate earnings turned Wall Street positive, but a tariff dispute between the United States and China limited gains in equities while boosting the dollar and helping keep Treasury yields lower.

Wall St climbs with help from Berkshire Hathaway, Facebook

The S&P 500 rose on Monday as results from Berkshire Hathaway boosted optimism about a strong earnings season, and Facebook lifted the tech-heavy Nasdaq index after a report it was planning new services.

Harley seeks alliance for lightweight bikes to grow India business

Harley-Davidson Inc is scouting for a partner with a manufacturing and distribution footprint to make lightweight motorcycles for use in India and other Asian markets, a top company executive said.

PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO

PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a veteran who led the company's fast-growing emerging markets business.

Friendship no more: how Russian gas is a problem for Germany

For decades, the Friendship pipeline has delivered oil from Russia to Europe, heating German homes even in the darkest days of the Cold War.

U.S. banks further eased business loan standards in Q2 2018

Loan officers at U.S. banks reported easing lending standards for business loans for firms of all sizes while keeping terms for commercial real estate loans almost unchanged in the second quarter, a Federal Reserve survey showed on Monday.

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