GM cutting 4,000 workers in latest round of restructuring

General Motors Co on Monday said it was starting to hand pink slips to about 4,000 salaried workers in the latest round of a restructuring announced in late November that will ultimately shrink its white-collar workforce in North America by 15 percent out of 54,000.

Apple briefly regains title as most valuable U.S. company

Apple very briefly retook its title as the most valuable publicly listed U.S. company on Monday, beating out Microsoft and Amazon.com, while Alphabet was close behind the trio as it prepared to report its quarterly results.

Sears makes case to judge for rescue deal with chairman Lampert

The once-mighty Sears department store chain took its fight for survival to a bankruptcy judge on Monday, arguing the proposed $5.2 billion sale to its chairman, Eddie Lampert, would help save 45,000 jobs and keep 425 stores open.

Papa John's picks hedge fund Starboard over founder for investment

By Svea Herbst-Bayliss, Uday Sampath Kumar and Harry Brumpton

Tech boost sends Wall Street higher

Wall Street gained on Monday as technology shares rose ahead of quarterly results from Alphabet Inc, the last member of the FAANG group of internet companies to announce its earnings.

Bill Gross, once Wall Street's 'Bond King,' retires after rocky second act

Bill Gross, once the bond market's most influential investor, will retire from Janus Henderson Group Plc in coming weeks, ending attempts to reclaim the stature he enjoyed leading the world's largest fixed-income investing firm.

Tesla to buy battery tech maker Maxwell Technologies for $218 million

Tesla Inc has agreed to buy energy storage company Maxwell Technologies Inc for $218 million in an all-stock deal that could help the electric car maker produce batteries that hold more energy and last longer at a time when it needs to cut costs and faces growing competition.

Some U.S. funds waiting for earnings to buy shares of surging Chipotle

Shares of Chipotle Mexican Grill have surged over 70 percent over the last 12 months, but some U.S. fund managers are waiting for Feb. 6 earnings results to confirm that the burrito-chain is truly back from its 2015 food safety crisis.

Huawei CFO may fight extradition by claiming U.S. political motive: report

Huawei executive Meng Wanzhou, who was arrested in Canada and faces possible extradition to the United States, is exploring a defense that claims U.S. charges against her are politically motivated, the Globe and Mail newspaper reported on Monday.

Slack makes confidential filing to go public

Slack Technologies Inc said on Monday it had confidentially applied with the U.S. Securities and Exchange Commission to list shares publicly, moving business messaging service a step closer to going public in what is expected to be a high-profile year for initial public offerings.

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