A federal appeals court on Monday revived a lawsuit accusing CBS Corp of copyright infringement for playing digitally remastered songs recorded before 1972 by Al Green, the Everly Brothers, Jackie Wilson and others on its radio stations and online.
U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement on a $2-billion arbitration award, the companies said, suspending a dispute that blocked the state-run firm from exporting oil from most of its key Caribbean facilities.
A gauge of global equity markets rose on Monday on hopes for U.S.-China trade talks scheduled this week, while Turkey's lira fell anew on cuts to the country's credit ratings and after shots were fired outside the U.S. Embassy in Ankara.
The S&P 500 and Dow Industrials rose on Monday on optimism over trade talks between the United States and China, while the Nasdaq edged upward as technology stocks pared losses.
U.S. businesses have a message for the Trump administration: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins.
PepsiCo will buy carbonated drink-machine maker SodaStream for $3.2 billion as it battles Coca-Cola for an edge in the health-conscious beverage market.
Sky said on Monday that it expected to pay its advisers between 90 million pounds and 97 million pounds ($123.7 million) if Twenty-First Century Fox succeeds with its takeover of the British broadcaster.
Why settle for nine-and-a-half years when you can do an even 10 or better? That’s the thinking of a lot of investors measuring whether a historically long run in U.S. stocks still has legs.
Standard Chartered is in talks to sell its private equity business to Intermediate Capital Group (ICG), a source with direct knowledge of the deal said on Monday, as part of a broader disposal of its 'principal finance' investment business.
German industrial gases group Linde and U.S. rival Praxair secured conditional EU antitrust approval on Monday for their $82 billion merger but still have to clear a major hurdle with U.S. enforcers.
