U.S. Senator Mark Warner on Friday raised concerns over the Pentagon’s decision to put on hold a $10 billion cloud computing contract after President Donald Trump said his administration was examining Amazon.com Inc’s bid following complaints from other tech companies.
The U.S. Federal Aviation Administration said on Friday it had approved the first drone flight beyond the operator’s sight line, a major advance for retailers like Amazon.com Inc seeking to speed up deliveries by drone.
Quarterly reports next week from Walt Disney Co , CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called communication services sector, which has outperformed since it was overhauled last year.
The Apple Inc credit card being launched with Goldman Sachs Group Inc will not allow the purchase of cryptocurrencies with the card, according to a customer agreement posted to Goldman’s website on Friday.
Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp and Chevron Corp , the two reported on Friday.
As a tense meeting with top advisers on China trade talks ended, President Donald Trump turned to trade adviser Robert Lighthizer and told him to call China to warn that new tariffs were coming, two people familiar with the matter said on Friday.
A measure of stocks across the globe posted on Friday its largest weekly loss of the year while yields in U.S. and German debt were near or at multi-year lows, after China vowed to retaliate against a possible new round of U.S. tariffs.
Wall Street extended its sell-off on Friday on renewed trade fears as the benchmark S&P 500 index and Nasdaq saw their worst weekly percentage plunges since December, when investors were spooked by the prospect of a looming recession.
Elon Musk’s SpaceX is expanding its facilities in Florida to make room for the space company’s forthcoming super heavy-lift launch vehicle dubbed Starship, according to a draft of the plans seen by Reuters on Friday.
Viacom Inc and CBS Corp have worked out a management structure that would see Viacom Chief Executive Officer Robert Bakish leading the combined company if it reaches a deal to merge, sources familiar with the matter said.
Plains All American Pipeline LP said on Friday it will tack on a fee for users of a new oil pipeline to pay for the cost of the Trump administration’s tariffs on imported steel, with analysts and traders calling it the first U.S. energy pipeline operator to do so.
U.S. Transportation Secretary Elaine Chao granted tentative approval on Friday for an expanded transatlantic joint venture made up of Delta Air Lines Inc , Air France KLM SA and Virgin Atlantic.
President Donald Trump said on Friday China has to do a lot in order to turn things around in trade negotiations with the United States and that he can increase tariffs on Chinese goods.
Wall Street extended its sell-off on Friday amid renewed trade fears, capping a week where the benchmark S&P 500 index and the Nasdaq saw their worst weekly percentage plunges since December, when investors were spooked by the prospect of a looming recession.
Wall Street extended its sell-off on Friday as renewed U.S.-China trade jitters and a slowdown in job growth put all three major U.S. stock indexes on pace for their worst week since December, when markets hit their trough amid recession fears.
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