Dollar, U.S. yields slide on Fed official rate talk
Fri, 16 Nov 2018 20:13:03 -0500
The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates…
S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
Fri, 16 Nov 2018 19:19:28 -0500
The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have…
S&P 500 buybacks set another quarterly record: S&P Dow Jones
Fri, 16 Nov 2018 19:19:05 -0500
S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break…
Burke to replace Dungey as ABC Entertainment chief
Fri, 16 Nov 2018 18:36:33 -0500
Karey Burke will replace Channing Dungey as president of Walt Disney's ABC Entertainment, the company said on Friday.
Trump says U.S. may not impose more tariffs on China
Fri, 16 Nov 2018 18:31:24 -0500
U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent…
Regulator 'stunned and terrified' after causing PG&E stock surge
Fri, 16 Nov 2018 18:16:23 -0500
The chief of California's top utilities regulator said on Friday he was shocked to learn that reassurances he made to…
PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire
Fri, 16 Nov 2018 17:52:03 -0500
PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors…
Bombardier CEO meets investors as stock dives 20 percent
Fri, 16 Nov 2018 17:20:27 -0500
Bombardier Inc's top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory…
Gubitosi seen as favorite to become Telecom Italia CEO: sources
Fri, 16 Nov 2018 16:57:31 -0500
Veteran Italian manager Luigi Gubitosi is seen ahead in the race to become the new chief executive of Italy's biggest…
Oil edges up in volatile session but falls for sixth straight week
Fri, 16 Nov 2018 16:56:47 -0500
Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries…
Dollar falls as Fed officials ring note of caution, pound bounces
Fri, 16 Nov 2018 15:30:31 -0500
The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global…
Delta adds 10 A330neo in boost to Airbus' slow-selling jet
Fri, 16 Nov 2018 14:24:46 -0500
U.S. carrier Delta Air Lines said on Friday it ordered 10 Airbus A330neo long-haul jets, reinforcing its position as the…
Google Cloud names Thomas Kurian to replace CEO Diane Greene
Fri, 16 Nov 2018 14:13:38 -0500
Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc's…
Viacom sets Netflix deal that augurs future strategy
Fri, 16 Nov 2018 13:08:04 -0500
Viacom Inc on Friday announced a multi-picture deal with Netflix , and promised to make more films and TV shows…
Investors eye holiday sales for market salve
Fri, 16 Nov 2018 12:53:43 -0500
Investors will get a glimpse of consumer health next week as the holiday shopping season gets under way with Black…
U.S. manufacturing production increases; headwinds growing
Fri, 16 Nov 2018 12:40:50 -0500
U.S. manufacturing output rose for a fifth straight month in October, shrugging off a sharp drop in motor vehicle production…
VW embarks on $50 billion electrification plan
Fri, 16 Nov 2018 12:39:02 -0500
Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass…
Airbus, Dassault finalizing bid for early work on new fighter jet
Fri, 16 Nov 2018 12:15:23 -0500
Airbus and France's Dassault Aviation will shortly submit an unsolicited proposal for initial conceptual work on a next-generation fighter jet…
PG&E options traders bet stock not out of the woods yet
Fri, 16 Nov 2018 12:02:42 -0500
The wild swings in the shares of PG&E Corp over the past week have drawn a rush of trading in…
Tesla starts taking Model 3 orders in China
Fri, 16 Nov 2018 11:59:17 -0500
Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60),…