Articles by admin

Industrials led the Dow to a new closing high on Friday ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries.

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Industrials led the Dow to a new closing high on Friday ahead of Monday’s major sector reshuffle, capping a week in which investors largely shrugged off trade worries.

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General Electric Co said on Friday that turbine blade oxidation which forced Exelon Corp to idle four electric power units in Texas also affects another model, widening the impact of the latest problem to hit GE’s ailing power unit.

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Blackstone Group LP , the world’s largest manager of alternative investments such as private equity and real estate, said on Friday it could be overseeing $1 trillion in assets by 2026.

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Nasdaq’s Nordic commodities exchange has reached agreement on the sale of assets belonging to a private trader who defaulted on his commitments last week, it said on Friday.

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The United States is getting “very, very close” to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday.

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The S&P 500 and Dow reached record highs on Friday ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries.

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The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing’s response to the latest round of tariffs, a senior White House official said on Friday.

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The S&P 500 and the Dow touched record highs for the second straight day, while the tech-heavy Nasdaq dipped in heavy trading on Friday, largely related to Wall Street’s sector reshuffling and “quadruple witching” expirations.

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Longchamp, one of France’s leading handbag makers, is increasing its presence in China and the United States to boost its sales, its CEO said, betting on celebrity tie-ups and its online platforms to revive sluggish growth.

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Comcast and Twenty-First Century Fox face a quick-fire auction for British broadcaster Sky on Saturday after neither side backed down in a drawn-out $34 billion battle.

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The United States is assessing China’s response to the Trump administration’s latest round of tariffs and does not have a scheduled date to announce for another round of talks, a senior White House official said on Friday.

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Apple Inc’s latest iPhones use components made by Intel Corp , Micron Technology and Toshiba among others, according to a firm that cracked open iPhone XS and XS Max.

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The U.S. Equal Employment Opportunity Commission on Friday filed a lawsuit accusing Walmart Inc of forcing pregnant workers at a Wisconsin warehouse to go on unpaid leave and denying their requests to take on easier duties.

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The U.S. Equal Employment Opportunity Commission on Friday filed a lawsuit accusing Wal-Mart Stores East LP of forcing pregnant workers at a Wisconsin warehouse to go on unpaid leave and denying their requests to take on easier duties.

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