Theresa May will step down as Prime Minister on 7 June following months of pressure and a failure to deliver a smooth Brexit transition. The Prime Minister said it had been ‘the honour of my life’ to serve ‘the country that I love’. In an emotional speech, May said she had ‘done her best’ to deliver the result of the EU referendum. “It is and will always remain a matter of deep regret to me that I have not been able to deliver Brexit,” she said. “It will be for my successor to seek a way forward that honours the result of the referendum.

JPMorgan Chase & Co has cut ties with Purdue Pharma LP over the OxyContin maker’s alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill payments, people familiar with the matter said on Thursday.

One of the most impressive metrics from Roku's (NASDAQ:ROKU) first-quarter earnings report was that it accelerated viewing hours for a fifth straight quarter.That said, growth in viewing hours doesn't amount to much if Roku can't convince advertisers to shift their ad budgets to the streaming video platform.

Crude oil suffered its worst trading session of the year, as losses mounted throughout the day amid a burst of pessimism over U.S.-China trade tensions that pushed investors away from risky assets. 

Uber launched its Jump electric bikes in London on Friday, marking a challenge to a number of bike-sharing services already available in the U.K.capital.

Health insurance provider UnitedHealth Group (NYSE: UNH) has been trending lower since early December.The stochastic readings made a bearish crossover on May 23. The Tickeron AI Trend Prediction Engine generated a bearish signal on UnitedHealth Group on May 22.

Twitter, Inc. TWTR 4.21% traded higher on Wednesday on reports the company is experimenting with its ad load, and one analyst said Thursday that improving Twitter’s ad business is one of several reasons for investors to love the stock.

Oil prices plunged on Thursday, losing about 5% as trade tensions dampened the demand outlook, putting the crude benchmarks on course for their biggest daily and weekly falls in six months.

A European pilots’ group Thursday urged the region’s aviation regulator to conduct its own thorough and independent review of the Boeing 737 Max before allowing the planes to fly again.

Shares of Avon Products surged almost 12% on Wednesday as Brazilian cosmetic maker Natura Cosmeticos SA moved another notch closer to acquiring the U.S. company via an all-stock deal to unite two of Brazil’s most popular makeup brands.This will likely move Natura closer to its goal of being a global player. In the said deal, Natura would become the majority shareholder in the 133-year-old U.S. group, which has a market capitalization of about $1.4 billion and is most popular for its direct sales model. Following the news of the deal, Avon shares were up 11% bringing their rise this year to 137%. On the other hand, Natura accumulated a 32% rise this year. Two years ago, Natura acquired The Body Shop from L’Oreal for nearly $1 billion.

While Amazon still holds the sway when it comes to digital marketing, Walmart is gradually closing its gap with the e-commerce giant. The first quarter of 2019 witnessed Walmart’s comparable same-store sales growth of 3.4%, the best in 9 years, and a grand total of $80.3 billion in net revenue out of which the e-commerce segment accounted for 1.4%.The company revealed that e-commerce sales grew 37% compared to the year ago. In comparison, Amazon’s online sales stores increased by 10% to $29.5 billion, and physical stores were up a meager 1% to $4.3 billion after plunging 3% in Q4. According to the U.S. Census Bureau, e-commerce grew 10.4% during the first four months of 2019.

Presently, the health innovation segment at Comcast is working on an in-home device to monitor people’s health, especially at-risk people like seniors and the ones with disabilities, and plans to start pilot-testing later this year.The pricing and roll-out time is yet to be finalized. The company has been working on the device for more than a year now and under the guidance of the new senior vice president and health manager, it is building a strategy and a team to bring the new health hardware to market. The said device will be able to monitor people’s basic health metrics using ambient sensors and will particularly focus on whether someone is frequenting the bathroom more often or spending more time in bed than normal.

Tesla shares rose for the first time in seven days even after more Wall Street analysts joined the growing list of brokerages concerned with the company’s financial health.

U.S.manufacturer growth hit new lows in May, the latest sign that the trade war may be slowing the economy. The U.S. manufacturing PMI (Purchasing Managers Index) was 50.6 in May, the lowest level since September 2009, according to results from financial data firm IHS Markit released Thursday.

The yield on the 10-year Treasury note fell Thursday to its lowest level since 2017 as Wall Street became more nervous that the U.S.-China trade war could drag on longer than expected.

U.S.tariffs on Chinese goods are hurting an unintended target as the trade war rages, an International Monetary Fund study found. The study, released Thursday, said that tariff revenue collected from levies on Chinese goods “has been borne almost entirely” by U.S. importers.

Sales of new U.S. homes sank 6.9% in April, mostly influenced by a decline in the sale of homes worth less than $300,000. The Commerce Department said that new homes sold at a seasonally adjusted annual rate of 673,000 in April, down from 723,000 in March.However, year-to-date home sales are running 6.7% above the pace set in 2018. Buyers have been helped by lower mortgage rates and a solid job market.

Amgen Inc. has offered to buy Denmark-based drug discovery platform biotech company, Nuevolution, at $3.36 per share in cash.The shares of Nuevolution are listed on the Nasdaq Stockholm Small Cap exchange. The board of Nuevolution unanimously recommended an acceptance of the offer and three top shareholders, representing 59% shareholdings, have also undertaken to accept the offer.

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, pointing to sustained labor market strength even as the economy slows.

Huazhu Group (Nasdaq: HTHT) is one of the largest hotel operators in mainland China.The stock moved from under $7 a share back in the first quarter of ’16 to a high over $49 in June ’18. After reaching the all-time high in June, the stock fell to the $25 level in October.