| | | Wall St. falls as Apple drags tech shares lower | | | NEW YORK (Reuters) - Apple shares added to last week's drop on Monday to lead a market downturn as tech, still the best performing S&P 500 sector this year, succumbed under its own weight. |
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| | | Uber CEO Kalanick likely to take leave, SVP Michael out: source | | | SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, according to a source familiar with the outcome of a Sunday board meeting. |
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| | | TransDigm's shares fall as Senator Warren seeks probe | | | (Reuters) - Shares of TransDigm Group Inc fell as much as 7.3 percent to $250.18 on Monday, after Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier's government contracts. |
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| | | GE's new CEO to review portfolio 'with no constraint' | | | (Reuters) - General Electric Co's incoming chief executive said on Monday he will conduct a swift review of the business portfolio, and signaled its strategy of selling software-related services across its many divisions will remain the heart of GE for decades. |
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| | | U.S. recession remote in next 12 months: Deutsche Bank | | | NEW YORK (Reuters) - Chances are remote the U.S. economy will fall into a recession in the next 12 months despite a recent flattening of the U.S. yield curve suggesting growing recession risk, Deutsche Bank's economists said on Monday. |
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| | | Tech stock selloff goes on; oil prices gain | | | NEW YORK (Reuters) - A selloff in technology stocks extended to a second day on Monday, led by losses in Apple , while oil prices rose on signs of inventory declines in the United States. |
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