Technology stocks push the market lower, extending losses

Technology stocks push the market lower, extending losses

A broad slide by technology companies pushed U.S. stocks lower in late morning trading on Wall Street Monday, extending losses into another week.The U.S. decision to ban technology sales to China's Huawei hammered the technology ...

FCC chairman backs T-Mobile-Sprint deal in key endorsement

FCC chairman backs T-Mobile-Sprint deal in key endorsement

A key federal regulator says he plans to approve wireless carrier T-Mobile's $26.5 billion takeover of rival Sprint, a crucial step for the deal's approval.Federal Communications Commission Chairman Ajit Pai said Monday he agreed to ...

Ford is cutting 7,000 white-collar jobs

Ford is cutting 7,000 white-collar jobs

Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce.The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands ...

Japan’s economy expanded for 2nd straight quarter

Japan’s economy expanded for 2nd straight quarter

The Japanese government says the economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion. The Cabinet Office said Monday seasonally adjusted real gross domestic product, the ...

US to roll out economic part of Mideast peace plan

US to roll out economic part of Mideast peace plan

The Trump administration will unveil the first phase of its long-awaited blueprint for Mideast peace next month at a conference in the region designed to highlight economic benefits that could be reaped if the Israeli-Palestinian ...