Stocks

By David Shepardson WASHINGTON (Reuters) – A U.S. judge in Washington said he plans to decide later on Sunday whether to block a Trump administration order banning Apple Inc (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL) Inc’s Google from offering Chinese-owned short video-sharing app TikTok for download in U.S. app stores. U.S. District Judge Carl Nichols said after… More

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By Christiana SciaudoneInvesting.com — Hasbro (NASDAQ:HAS) rose more than 3% after getting an upgrade from BMO Capital.  Rival Mattel (NASDAQ:MAT) followed suit, rising 1%. Not only have we been buying oodles of toys as we’re stuck at home with our kids who are constantly bored and need to be amused; apparently the holiday season is… More

By Ben Klayman DETROIT (Reuters) – General Motors Co (N:GM) and Germany’s Bosch said on Monday they were sticking to their alliances with Nikola Corp (O:NKLA) after the executive chairman of the electric and fuel cell truck startup stepped down amid allegations of fraud. Nikola founder Trevor Milton, whose company become a darling of the… More

By Kate Duguid NEW YORK (Reuters) – Investors are gearing up for the year’s record-breaking pace of corporate bond issuance to continue in the coming week, even after the U.S. Federal Reserve rattled nerves at its September meeting with a gloomier-than-expected economic outlook. The past week has seen roughly $42 billion of high-grade debt come… More

By Yasin Ebrahim Investing.com – The Dow plunged on Thursday, as big tech deepened its losses from a day earlier amid economic data pointing to signs of a slowdown in the recovery at a time when hopes fade for further government stimulus. The Dow Jones Industrial Average fell 0.82%, or 231 points. The S&P 500… More

By Tom Hals (Reuters) – Bayer AG (DE:BAYGN) has settled thousands of U.S. Roundup weed killer lawsuits as part of an $11 billion settlement, reaching deals with the only lawyers who took cases to trial over allegations the herbicide caused cancer. In letters filed with U.S. District Court in San Francisco late on Monday, three… More

By David Shepardson and Tracy Rucinski WASHINGTON/CHICAGO (Reuters) – Two senior Boeing Co (N:BA) executives who oversaw the development of the 737 MAX defended the company’s decisions on a key cockpit system later tied to two fatal crashes, according to testimony before congressional investigators seen by Reuters. Michael Teal, then 737 MAX chief product engineer,… More

(Bloomberg) — The U.S. House of Representatives won’t implement President Donald Trump’s order allowing employers to defer payroll taxes owed by workers, joining major companies in rejecting the option. The House “determined that implementing the deferral would not be in the best interests of the House or our employees,” Philip G. Kiko, the chamber’s chief… More

By Tatiana Voronova MOSCOW (Reuters) – Russia’s prime minister and finance minister have told the country’s biggest state lenders to ensure liquidity continues to flow to banks in Belarus, where a political crisis has increased strains on the financial sector, banking sources said. The top-level instructions are another sign of Moscow’s support for embattled Belarusian leader Alexander… More

JOHANNESBURG (Reuters) – Demonstrators damaged seven of South African drug retailer Clicks Group’s (J:CLSJ) shops on Monday and forced others to close during protests over what they said was a racist advertisement posted on its website. The advert by TRESemmé, a Unilever Plc (L:ULVR) brand, showed an image of African black hair which it described… More

STOCKHOLM (Reuters) – IKEA’s shopping centers business has made its first U.S real estate acquisition, buying the 6X6 mall in San Francisco, after telling Reuters in May it was engaged in several negotiations for inner-city acquisitions in the United States. It bought the 6X6 mall from Alexandria Real Estate Equities Inc and TMG Partners, an… More

By Huw Jones and Tom Wilson LONDON (Reuters) – Financial regulators must avoid playing catch up with digital payment methods like stablecoins and crypto-assets, Bank of England Governor Andrew Bailey said on Thursday. Stablecoins are still a relatively niche corner of the cryptocurrency world that barely featured on policymakers’ agendas until Facebook (NASDAQ:FB) unveiled its… More

By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korean prosecutors indicted Samsung (KS:005930) Group’s Jay Y. Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection with a 2015 merger, dealing a new blow to the head of one of Asia’s most valuable companies. Lee, who has already served… More

By Christiana Sciaudone Investing.com — Gold has been hitting record highs recently. Are gold ETFs overdone? Probably not, says Dan Weiskopf, a portfolio manager at Toroso Investments whose Twitter handle is @ETFProfessor.  “We’re dealing in a world that has a lot of unknowns,” Weiskopf said in a phone interview. “Gold’s a good place for everyone’s… More