Wells Fargo & Co Chief Executive Tim Sloan, in a CNBC interview on Friday, said he is the right person to run the company, in response to Senator Elizabeth Warren’s repeated calls for him to be fired after a 2016 scandal.
The U.S. economy lost at least $6 billion during the partial shutdown of the federal government due to lost productivity from furloughed workers and economic activity lost to outside business, S&P Global Ratings said on Friday.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps, the New York Times reported on Friday.
Hundreds of flights were grounded or delayed at New York-area and Philadelphia airports on Friday as air traffic controllers called in sick hours before President Donald Trump announced an end to the 35-day partial shutdown of the U.S. government.
The Boeing Cowon a $2.46 billion U.S. defense contract for the production and delivery of 19 P-8A Poseidon long-range anti-submarine warfare and surveillance aircraft and other equipment, the Pentagon said in a statement on Friday.
Wall Street gained ground on Friday in a broad-based rally as investors were heartened by news that Washington would move to temporarily end the longest U.S. government shutdown in history.
Wall Street indexes rose and bond yields followed stocks higher on Friday after U.S. President Donald Trump announced an agreement to end the longest ever U.S. government shutdown and as investors reacted to corporate earnings reports.
U.S. fund managers are continuing their retreat from consumer-related stocks and increasing their defensive bets out of concerns that the U.S. economy is slowing even though government leaders had reached agreement to end the longest shutdown ever.
Wall Street ended higher on Friday after a broad-based rally, with investors heartened by news that Washington would move to temporarily end the longest U.S. government shutdown in history.
MoneyGram International Inc is exploring strategic alternatives, including a sale of the company, a year after a U.S. government panel nixed its $1.2 billion sale to China’s Ant Financial, people familiar with the matter said on Friday.
Two U.S. House Democrats who chair panels overseeing aviation issues warned Friday the ongoing partial government shutdown is jeopardizing aviation safety as air traffic controller staffing shortages forced a temporary halt to flights arriving at a New York airport and delayed hundreds of flights in the country’s northeast.
Hundreds of flights were grounded or delayed at New York-area and Philadelphia airports on Friday as air traffic controllers called in sick hours before President Donald Trump announced an end to the 35-day partial shutdown of the U.S. government.
WestJet Airlines, Canada’s No. 2 carrier, is experiencing delayed and canceled flights and expects “further delays and possible cancellations if more constraints are placed” on the U.S. air traffic system, a spokeswoman said on Friday.
Wall Street indexes rallied and bond yields followed stocks higher on Friday as investors reacted to corporate earnings reports and U.S. President Donald Trump announced an agreement to end the longest ever U.S. government shutdown.
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