U.S. President Donald Trump gave mixed signals Monday as to whether he believed the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp should go forward, while the Pentagon indicated it would take a hard look at the deal.
Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history.
Oil prices fell more than 1% on Monday as U.S.-China trade tensions continued to threaten demand for crude and as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal.
U.S. stocks extended their recent climb on Monday, with the Dow on track for a 6th straight day of gains after the United States dropped plans to impose tariffs on Mexican goods and after a couple of multibillion-dollar deals.
Equities around the world rose on Monday while U.S. Treasury prices fell as risk assets were back in fashion after the United States shelved plans to impose tariffs on Mexico, easing worries about the impact of another trade war on the global economy.
Pentagon leadership is engaging with industry leadership to understand the implications of the United Technologies Corp merger with Raytheon Co, a Pentagon official said on Monday.
Some of the world's biggest tech companies have told their employees to stop talking about technology and technical standards with counterparts at Huawei Technologies Co Ltd in response to the recent U.S. blacklisting of the Chinese tech firm, according to people familiar with the matter.
U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he does not reach a trade deal with China's president at a Group of 20 summit later this month.
Shares of defense contractor Raytheon Co and United Technologies Corp pared gains on Monday after U.S. President Donald Trump said he was a "little concerned" about their $121 billion merger to create a new aero-defense company.
U.S. job openings fell slightly in April, but a surge in hiring to a record high suggested strong demand for labor before a recent escalation in trade tensions that was partly blamed for a sharp slowdown in employment growth last month.
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