NEW YORK (Reuters) - U.S. stocks rose on Monday, sparked by the latest flurry of merger activity and earnings from Citigroup, putting the S&P 500 on pace to climb for a second straight session.
Volkswagen says it will build a mid-size, seven-passenger crossover SUV at its Chattanooga, Tenn., factory in 2016, adding 2,000 jobs and helping VW plug a hole in its U.S.
NEW YORK (The Deal) -- Mylan (MYL) said Monday it has a deal in place to acquire the developed markets generic drugs business of Abbott Laboratories (ABT) in a stock deal valued at $5.3 billion.
U.S. Treasury prices slipped slightly on Monday on expectations that Federal Reserve Chair Janet Yellen could take a less accommodative stance on interest rates in a congressional testimony on Tuesday.
NEW DELHI: Softening prices of some essential food items including vegetables pulled down inflation both at retail as well the wholesale level in June, although the bleak monsoon situation remains a cause for concern.