U.S. companies are beating analysts’ expectations this earnings season, but to a smaller degree than normal, and S&P 500 companies are now barely expected to eke out an increase in profits for the first quarter of 2019.
Toyota Motor Corp on Friday reported a 6.6 percent fall in U.S. vehicle sales for January, hurt by lower demand for its Camry and Prius cars.
Wall Street indexes were mixed on Friday, as optimism from a surge in January U.S. job growth was offset by a weaker-than-expected outlook from Amazon.com Inc that battered retail stocks.
Delta Air Lines wants to sell its oil refinery in Trainer, Pennsylvania, after attempts to offer a partial stake in the plant late last year failed, according to two people familiar with the matter.
Senior General Motors Co executives met this week with Ohio’s two senators and other lawmakers on Capitol Hill after African American employees sued the automaker accusing it of allowing a racially hostile work atmosphere.
Bond yields rose on Friday after U.S. employment and manufacturing data underscored a strong economy with little wage inflation, while a gloomy outlook from Amazon.com helped drag a gauge of global equity markets lower
Foxconn Technology said on Friday it will build a factory in Wisconsin after the company’s chairman spoke to U.S. President Donald Trump, following a Reuters report earlier this week that the Taiwanese company was reconsidering its plans.
Delta Air Lines Inc is redoubling efforts to sell an oil refinery in Trainer, Pennsylvania, after attempts to divest a stake in the plant late last year failed, according to two people familiar with the matter.
Former pizza chain executive Herman Cain, who is under consideration for a seat on the Federal Reserve’s board of governors, said on Friday the U.S. central bank should be more concerned about deflation than inflation.
Chinese state-owned firms bought at least 1 million tonnes of U.S. soybeans on Friday, a day after high-level bilateral talks yielded progress toward a trade deal and a Chinese commitment to buy more U.S. soybeans.
Foxconn Technology said Friday it will build a factory in Wisconsin after the company’s chairman spoke to U.S. President Donald Trump.
Wall Street was mixed on Friday, as optimism from a surge in January U.S. job growth was offset by a weaker-than-expected outlook from Amazon.com Inc that battered retail stocks.
Shell is open to partnerships with carmakers to expand electric vehicle (EV) charging beyond its petrol stations, one of the oil major’s executives said on Friday.
U.S. sanctions will sharply limit oil transactions between Venezuela and other countries and are similar to but slightly less extensive than those imposed on Iran last year, experts said on Friday after looking at details posted by the Treasury Department.
The S&P rose marginally on Friday, as early optimism from a surge in January job growth was offset by Amazon.com Inc’s gloomy outlook that battered other retail stocks.
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