Dow drops more than 200 points as weak Caterpillar, Nvidia guidance stokes China fears

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Dow drops more than 200 points as weak Caterpillar, Nvidia guidance stokes China fears

Poor outlooks from Caterpillar and Nvidia hit the markets–here's what four experts are watching now 13 Hours Ago | 03:45. Stocks fell sharply on Monday after weaker-than-expected quarterly earnings and guidance from Caterpillar, as well as a big …
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Nevada: Wynn Resorts Executives Ignored Sexual Misconduct Claims Against Steve Wynn

Wynn Resorts Ltd. WYNN -0.30% executives turned a blind eye as Steve Wynn over more than a decade was accused of sexually assaulting or harassing cocktail servers, salon workers and flight attendants employed by his casino empire, according to
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California regulators make preparations for PG&E bankruptcy

SAN FRANCISCO (AP) – California regulators were poised for a bankruptcy declaration by the nation's largest utility as it faces billions of dollars in potential damages from wildfires in the state.
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Saudi Arabia — which Elon Musk claimed would back a buyout — cut its Tesla exposure: FT

Saudi Arabia has reportedly taken out an insurance policy on its investment in Tesla, which dramatically cuts its net exposure to the stock, just months after CEO Elon Musk claimed the kingdom was prepared to back a deal to take the electric car maker …
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Powell faces early reckoning on Fed's $4-trillion question

NEW YORK/SAN FRANCISCO (Reuters) – Federal Reserve Chairman Jerome Powell has a problem: how to explain that the Fed may soon begin to taper its ongoing asset-shedding operation without looking like he's hunkering down for a coming recession,
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