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› Wall St. trims losses as investors seek bargains (Reuters) - U.S. stocks were well off session lows on Monday as investors sought bargains after a rough start on Wall Street following the defeat of President Donald Trump's first major legislative action.
› Bill Gross settles Pimco lawsuit for about $81 million: sources NEW YORK (Reuters) - Star bond fund manager Bill Gross has reached a roughly $81 million settlement of his lawsuit accusing his former employer Pacific Investment Management Co of forcing him to resign so that his bonus could be divided among others.
› Saudi Arabia sweetens huge Aramco IPO with tax cut JEDDAH, Saudi Arabia/RIYADH (Reuters) - 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 year, which is expected to be the world's largest equity sale.
› U.S. top court considers changing where patent cases may be filed WASHINGTON (Reuters) - The U.S. Supreme Court on Monday struggled over whether to upend nearly 30 years of law governing patent lawsuits that critics say allows often-baseless litigants to sue in friendly courts, giving them the upper hand over high-technology companies such as Apple Inc and Alphabet Inc's Google.
› Facebook's Messenger app adds live location-sharing MENLO PARK, Calif. (Reuters) - Facebook Inc added a feature to its Messenger app on Monday to allow users to share their locations continuously for up to an hour, ramping up competition with tools offered by Apple Inc and Alphabet Inc's Google Maps.