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Wall Street lower as Amazon, technology stocks drag

U.S. stock indexes dipped on Monday, led by losses in shares of Amazon and technology companies, as investors awaited quarterly reports from a host of marquee names to gauge the impact of an escalating trade conflict between the United States and China.

Recent Business News

Fiat Chrysler loses another executive after Marchionne illness

MILAN New Fiat Chrysler boss Mike Manley was handed extra responsibilities for the carmaker's European business on Monday when a fellow executive quit after being passed over for the top job, adding to the challenges Manley faces.

11:34am EDT

Hasbro results beat as toymaker moves past Toys 'R' Us collapse

Toymaker Hasbro Inc topped Wall Street estimates for profit and revenue in the second quarter as it emerged from the worst effects of last year's Toys 'R' Us bankruptcy, sending its shares up nearly 12 percent.

10:34am EDT

Facebook to double office presence in London

Facebook said on Monday it would double its presence in London, acquiring nearly 600,000 square feet (56,000 square meters) of office space across two buildings in King's Cross - enough for more than 6,000 workstations.

Tech, Facebook 7:15am EDT

SABIC deal lets Saudi Arabia delay Aramco IPO, spend on growth: sources

DUBAI A proposed reshuffle of state assets would allow Saudi Arabia to delay the listing of national oil giant Aramco until 2020 or beyond while still spending on economic development projects, according to three sources familiar with the matter.

5:46am EDT

PNB fraud defendant Choksi fears 'mob lynching' in India

MUMBAI One of the main defendants in India's largest bank fraud case made a court application on Monday for cancellation of an arrest warrant against him, citing fears for his life because of a growing number of mob lynchings in the country.

11:47am EDT

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