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Wall St. lower as technology stocks drag

(Reuters) - A selloff in technology stocks, led by Facebook and Apple, drove down major Wall Street indexes on Monday. Read More


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  • Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

    LONDON (Reuters) - Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back.

  • Wells Fargo hires new law firm to prepare CEO for Senate appearance

    NEW YORK (Reuters) - Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.

  • Ackman targets retail investors in ADP proxy contest

    BOSTON (Reuters) - Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc , is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people - retail investors.

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