Pfizer will not split into two publicly traded companies, a decision that, at least for now, ends Wall Street speculation over the drugmaker’s future.
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Barrick Gold Corp., the world’s biggest gold producer, said on Monday it would partner with Cisco Systems to incorporate digital technology in all aspects of its mining business, aiming to improve productivity and reduce costs. It will first introduce the new technology at a gold mine in Nevada.
Tesla CEO Elon Musk says the electric car company is making major improvements to the Autopilot system used by its vehicles, which will dramatically reduce the number and severity of crashes in which they are involved.
World stock indexes tumbled Monday, as investors reacted to comments last week from a Fed official, who caught markets off guard by saying that interest rates could rise soon.
Stocks across the globe fell the most since June on Friday, weighed by comments from Federal Reserve officials that lifted bets on an interest rate hike. The Dow closed down about 394 points.
European stock markets closed a tad lower Monday following mixed economic data. Trading activity was dented since U.S. markets were closed for the Labor Day holiday.
After two months of blockbuster gains, U.S. employers slowed their hiring in August to a modest increase of 151,000, reducing the likelihood that the Federal Reserve will raise interest rates when it meets this month.
Nevada’s taxable sales rose to $4.87 billion in June, the Taxation Department reported this week.
The National Labor Relations Board will oversee a secret-ballot election for Culinary Local 226 union representation at Boulder Station Friday and Saturday.
Real estate investment and management company The Siegel Group Nevada Inc., announced this week that it had acquired a 442-unit extended stay property in Tolleson, Arizona.