Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year.
United Continental Holdings Inc on Friday said it had finalized a three-way joint venture with carriers Avianca Holdings SA of Colombia and Copa Airlines of Panama, giving the U.S. airline a deeper foothold in Latin America where travel demand is rising.
The U.S. State Department will conduct another environmental review of TransCanada Corp’s long-pending Keystone XL oil pipeline, a U.S. official said on Friday, a move that could lead to additional delays of the project.
Microsoft Corp’s stock market value closed above Apple Inc’s for the first time in eight years on Friday as the Windows maker benefited from growth in cloud computing while Apple was hit by investor concern about iPhone demand.
Japanese Prime Minister Shinzo Abe told French President Emmanuel Macron on Friday that the future of the Renault-Nissan alliance was up to private shareholders, a spokesman for the Japanese leader said.
Wall Street last month gave the Federal Reserve its worst grade since Jerome Powell took the helm of the U.S. central bank earlier this year, docking points for a communications misstep early in October that sent U.S. stocks tumbling.
United Continental Holdings Inc has finalized a three-way joint venture with carriers Avianca Holdings SA of Colombia and Copa Airlines of Panama, giving the No. 3 U.S. air carrier a stronger foothold in Latin America where travel demand is rising.
Wall Street rose on Friday as investors hoped for progress on trade in a critical U.S.-China meeting over the weekend, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in nearly seven years.
Wall Street rose on Friday with the S&P 500 and Nasdaq posting their biggest weekly percentage gains in nearly 7 years after the U.S. Federal Reserve hinted at a more dovish approach to future interest rate hikes on Wednesday and investors hoped for progress in the U.S.-China trade dispute at a G20 summit.
A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over its excess diesel emissions.
United Continental Holdings is close to partnering with Latin American carrier Avianca Holdings SA , as the U.S. airline company agrees to pay off debt owed to a hedge fund, the Wall Street Journal reported on Friday.
Oil prices retreated on Friday amid a global glut, racking up a 20 percent drop for November, while most major equity markets kept moves tight ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping.
Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by U.S. President Donald Trump’s threat to escalate tariffs on China.
U.S. President Donald Trump said on Friday “something could very well come out” of his meeting on trade with Chinese President Xi Jinping on the sidelines of a Group of 20 summit in Buenos Aires, a Voice of America reporter said on Twitter.
Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by U.S. President Donald Trump’s threat to escalate tariffs on China.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
