Articles

Sonoco purchases European food-can company Eviosys for $3.9 billion

Packaging giant Sonoco is poised to become the leading metal-food-can maker globally.

The S&P 500 is headed for 15,000 by the end of the decade, says Tom Lee, who foresaw the 2023 rally

Tom Lee, who accurately predicted the 2023 rally, lays out a path for the S&P 500 to triple in the next few years.

Alumis eyes $300 million in proceeds in IPO

California-based biopharmaceutical company plans to trade on the Nasdaq under the symbol ALMS.

Group 1 Automotive says CDK cyberattack has disrupted processes at U.S. operations that rely on its systems

An estimated 50% to 60% of U.S. dealerships use CDK’s software, which offers one-stop-shop service for sales, title work, financing and services and parts orders.

Oil edges higher after back-to-back weekly gains

Oil futures edged higher Monday morning, attempting to build on back-to-back weekly gains as crude rebounded from an early June slump that took prices to their lowest since early February.

Warren Buffett and other billionaires are buying blue-chip energy stocks. Here’s why.

The energy sector is keeping the lights on for investors.

An overbought market is a worry for traders but great for investors, according to Jefferies

Critical information for the U.S. trading day

‘My mother is being catfished’: She fell ‘madly in love’ with a man over Facebook. How do I convince her that it’s a scam?

“My sister and I found loads of evidence online that this is a fake account. There are actually numerous fake accounts on various platforms that use this guy’s images.”

Treasury yields steady as traders eye PCE inflation data later in week

Bond yields were little changed early Monday as traders awaited fresh guidance on the likely trajectory of Federal Reserve policy.

Apple’s App Store rules breach EU competition law, European Commission says

Apple could be facing a fresh fine after the European Commission said the rules it uses to govern its AppStore are in breach of the Digital Markets Act

Take a look at Meghan Trainor’s completely renovated $12 million mansion in Encino, Calif.

Trainor and her husband stand to make a tidy profit on the posh property, which they bought in 2020.

BOJ discussed possibility of further rate hikes at June meeting

The Bank of Japan’s policy board discussed the possibility of raising interest rates further amid concerns over lingering inflationary pressure, according to a summary of opinions from its latest meeting released Monday.
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