Daily Investor Update: Wall Street ends flat, retreats from intraday records

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Monday, November 27, 2017

Wall Street ends flat, retreats from intraday records

(Reuters) - Wall Street's major indexes ended little changed on Monday after retreating modestly from record highs set during the session as gains for Amazon countered losses in shares of energy companies.

TransCanada to restart Keystone pipeline on Nov. 28

CALGARY, Alberta (Reuters) - TransCanada Corp will restart its Keystone crude oil pipeline at reduced pressure on Tuesday after getting approval from U.S. regulators, the company said on Monday.

Executives of scandal-hit Uber travel globe to reassure regulators

TOKYO (Reuters) - Uber executives are traveling the globe to reassure regulators that the company is changing the way it does business, after a massive data breach revealed last week became the latest controversy to hurt the ride-service firm's reputation.

Unilever to buy U.S. bodycare products company Sundial Brands

LONDON (Reuters) - Anglo-Dutch consumer goods giant Unilever is to buy U.S.-based company Sundial Brands, a maker of hair and skincare products, expanding deeper into the fast-growing personal care products market.

Chipmakers drag stocks after bearish note, U.S. crude slides

NEW YORK (Reuters) - Declines in chipmaker shares weighed on stocks across the globe on Monday, while U.S. energy shares fell as crude dropped and the dollar slipped against the yen.

U.S. Cyber Monday sales jump 17 percent, fewer deals on offer

(Reuters) - Cyber Monday was on track to become the biggest-ever internet shopping day in the United States as shoppers snapped up bargains on toys and electronics, with many more Americans shopping on their phones.

Microcap stocks surge on cryptocurrency promises

(Reuters) - Three of the top four most actively traded U.S. stocks on Monday were all either riding a cryptocurrency-fueled surge, or pulling back from one.

Exxon Mobil CEO makes first big changes to refining

HOUSTON (Reuters) - Exxon Mobil Corp Chief Executive Darren Woods is reorganizing the company's refining operations, part of a push to boost profits amid volatile oil and natural gas prices, the company said on Monday.

Shell and carmakers aim to go the distance with highway charging

LONDON (Reuters) - Royal Dutch Shell has partnered with top carmakers to deploy ultra-fast chargers on Europe's highways, stealing a march on rivals in the race to remove one of the biggest obstacles facing the electric car sector.

Tumblr founder David Karp to step down

(Reuters) - Tumblr founder and CEO David Karp will step down after more than 10 years at the helm of the blogging service, he said on Monday.

Daily Investor Update: Wall Street ends flat, retreats from intraday records

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