Eleven services industries reported growth in April, while six were in contraction. In a separate release, the S&P Global U.S. services PMI index slumped to 50.8 in April from 54.4 in the prior month.

The Conference Board's Employment Trends Index, or ETI, fell to 107.57 in April from a downwardly revised 108.41 in March, the research group said Monday. When the ETI index increases, employment is ...

We assign Meituan a Standard Morningstar Capital Allocation Rating. The firm has achieved profitability and reined in losses in its community group purchase businesses.

The Institute for Supply Management said on Monday that its service-sector PMI rose to 51.6% in April from 50.8% in the prior month. Economists polled by the Wall Street Journal had expected the ISM ...

3G Capital will pay $63 per share in cash for Skechers (SKX), representing a premium of 28% to the stock's closing price on Friday of $49.37. That bid price values that company at about $9.4 billion.

Plus: Buffett’s succession plan overshadows market volatility, and the Fed’s press conference will be in focus.

Shares of Taiwan insurers, including Cathay Financial Holding Co. Ltd. (TW:2882) and Fubon Financial Holding Co. Ltd. (TW:2881) tumbled. That's led to what's called a 19-sigma shock from the Taiwanese ...

With a market capitalization of $3.4 billion, Howard Hughes Holdings has a long way to go to rival Berkshire Hathaway's market cap of about $1.2 trillion. Ackman said Howard Hughes's stock has been ...

It's timely to review the Recession Buy Indicator after the report that the U.S. economy shrank at an annualized rate of 0.3% in the first quarter of this year. Many economists believe that President ...

Stock futures were lower, indicating markets could end a historic stretch of gains. The president and his advisers are feeling somewhat more confident about the economy. Increased supply from OPEC and ...

Goldman Sachs trimmed its oil price forecasts, saying it expects the Organization of the Petroleum Exporting Countries and its allies to continue accelerating output hikes. The cartel and its allies ...

Warren Buffett names Greg Abel as successor in a surprise move, sparking fresh scrutiny of Berkshire’s leadership, cash buildup, and share valuation.