Delays at U.S.-Mexico border crossing hits autos, trucks still lining up

Long delays at the U.S.-Mexico border crossing for goods destined for American plants and consumers are hitting the U.S. auto industry, and the gridlock reduced by half the number of northbound trucks that crossed the entry point last week.

Stocks mostly flat on profit concerns, oil gains

NEW YORK - A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares.

Oil gains up to 2% to five-month high as Libyan output threatened

Oil prices rose up to 2 percent on Monday, hitting five-month highs on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela.

Exclusive: Standard Chartered expected to pay just over $1 billion to resolve U.S., U.K. probes

London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related U.K. probe, according to a person familiar with the matter.

SEC steps on Tesla 'reasonable' to prevent problems: commissioner

The U.S. securities watchdog's request that a federal judge hold Tesla Inc Chief Executive Elon Musk in contempt over the billionaire entrepreneur's use of Twitter was "reasonable," said a U.S. Securities and Exchange Commission official on Monday.

Warren Buffett urges Wells Fargo to look beyond Wall Street for next CEO: FT

Warren Buffett, whose Berkshire Hathaway Inc is Wells Fargo & Co's largest shareholder, urged the bank in an interview with the Financial Times on Sunday to look outside Wall Street for a new chief executive officer.

Industrials weigh on Wall Street as earnings season looms

Industrials bogged down Wall Street on Monday, pulling the S&P 500 and the Dow lower as investors braced for what analysts now expect to be the first quarter of contracting earnings since 2016.

Demand for Aramco's debut bonds at over $50 billion: sources

Saudi Aramco has received over $50 billion in bids for its debut international bond sale, which had been expected to be in the $10 billion region, sources familiar with the matter said.

Pinterest seeks $15-$17 per share in IPO, below last private valuation

Pinterest Inc on Monday set a price range of $15 to $17 per share for its initial public offering of 75 million shares, valuing it below the $12 billion at which the online image-search company sourced its last fundraising in 2017.

Shareholder advisers urge investor protest over Credit Suisse pay

Two shareholder advisers have recommended Credit Suisse shareholders vote against the Swiss bank's compensation report and a third backed the report while expressing reservations about whether management pay matched performance.

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