Wall Street closes down Monday

The Dow Jones Industrial Average .DJI fell 45.74 points, or 0.22 percent, to 20,550.98, the S&P 500 .SPX lost 2.39 points, or 0.10 percent, to …

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Bill Gross settles Pimco lawsuit for about $81 million: sources

Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/2-year drama over the departure …

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Saudi Arabia sweetens huge Aramco IPO with tax cut

Saudi Arabia’s government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company’s initial public offer of shares next …

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