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S&P 500 index 2% upside, 20% downside, says Gundlach
Money manager Jeffrey Gundlach foresees the possibility of Standard& Poor's 500 index moving two percent upside and 20 percent downside. He considers the recent rebound in the market as a 'bear market rally.'
Tim Cook, Elon Musk, and Larry Page Are Among Reported Tech Elites Meeting Up With Republican Leaders to Devise an End to Trump's Presidential Run
Top tech elites were reportedly involved in a secretive meeting to stop Republican front-runner Donald Trump. The forum was also attended by Republican leaders and other representatives from the private sector.
Statoil's venture capital fund makes its first investment in wind energy sector
Statoil Energy Ventures announced its first investment worth at about US$3 million in United Wind. The fund plans a total investment of $200 million in wind energy over a period of 4 to 7 years.
Canon, Biggest Contender for Toshiba Medical Unit, Offers $6.2 Billion
It's a race for Toshiba Medical Unit between Canon, Fujifilm Holdings, Konica Minolta and Permira Holdings. Nikkei said Canon has the highest bid amounting to $6.2 billion. Whoever the winner is, will be decided on Wednesday.