Pfizer announced Monday it will merge its off-patent drug business with generic drugmaker Mylan to create a global leader in low-cost treatment, a business that faces significant political pressure in the US.
Mexican President Andres Manuel Lopez Obrador got two troubling pieces of news Tuesday as the economy registered a surprise contraction in his first quarter in office and state oil company Pemex posted a steep loss.
Stocks jumped early Monday after the United States and Canada reached a deal to revise the North American Free Trade Agreement, while shares of Tesla and General Electric rocketed higher on corporate leadership changes.
Wall Street stocks rose Monday ahead US-China trade talks that have lifted hopes for an agreement after months of tit-for-tat tariff announcements, including those due to hit this week.
Wall Street stocks finished solidly higher for a second straight session on Friday on hopes of a breakthrough in US-China trade talks.
Tesla shares took a pounding Friday amid fresh fears about the future of the electric carmaker after a wide-ranging interview with chief executive Elon Musk in which he revealed his struggles with exhaustion and a lengthy but unsuccessful effort to find a number two executive.
Wall Street stocks finished solidly higher Tuesday amid more positive sentiment about the Turkish currency crisis that depressed markets the last two sessions.
The United States may jack up the tariff rate on the next $200 billion in Chinese imports it plans to target as it pressures Beijing to reform its trade practices, US officials said Wednesday.
A global stocks rally gathered steam Monday, fueled by economic optimism, while the British foreign minister's sudden resignation over Brexit depressed the pound.