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NEW YORK (AP) — U.S. stock indexes finished modestly higher Monday, extending the market's solid gains from a rally last week. Energy companies notched the biggest gains after the price of U.S. crude oil closed above $59 a barrel for the first time since November. Smaller company stocks fared better than the rest of the market. The Dow rose 65 points.
FRANKFURT, Germany (AP) — Shares in Deutsche Bank and Commerzbank have risen despite widespread skepticism about the merits of a possible merger between the two German lenders. Germany's biggest bank, Deutsche Bank, and Commerzbank announced Sunday they would discuss a possible combination, a deal Germany's finance minister reportedly favors.
NEW YORK (AP) — Lyft officially kicked off the road show for its initial public offering, saying Monday it plans to put more than 30 million shares up for sale with an anticipated price of between $62 and $68 per share. That would raise more than $2 billion for the San Francisco ride-hailing company, which could be valued between $20 billion and $25 billion eventually.
ALBANY, N.Y. (AP) — A new poll finds that most voters in the state say it was bad for New York when Amazon's dropped plans to put one of its second headquarters in Queens. The Siena College poll released Monday found that 67 percent of registered voters surveyed said the internet retailer's decision last month was detrimental to New York.
MERCER, N.J. (AP) — Groundbreaking Princeton University economist Alan Krueger has died. According to a statement from the university, Kreuger took his own life during the weekend. Krueger, who was 58, devoted much of his research to the job market and, in particular, to the impact of a minimum wage. His work concluded that a higher minimum wage did not generally slow hiring as many conservative critics have argued.
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