Articles by admin

Republican U.S. Senator Marco Rubio criticized on Friday the decision by the United States to lift a ban on suppliers selling to ZTE Corp …read more […]

Papa John’s International Inc will remove founder John Schnatter from its promotions, the pizza chain said on Friday, and baseball team New York Yankees suspended business relationships with the company.

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U.S. stocks rose slightly on Friday, putting the S&P 500 at its highest closing level in more than five months, as gains in industrials and other areas offset a drop in financials after results from three of the big banks mostly disappointed.

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Citigroup Inc is still on track to hit its goals for efficiency and revenue growth, executives said on Friday, as analysts pressed them to explain how those expectations line up with second-quarter results.

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Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who claim asbestos-contaminated talc in the company’s products gave them ovarian cancer by arguing the plaintiffs’ science was flawed and the case should not have been heard in Missouri.

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Wells Fargo & Co’s wealth and investment management unit may be having a harder time generating new business because of damage to the bank’s reputation from scandals over its sales practices, Chief Financial Officer John Shrewsberry said on Friday.

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Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.

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Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.

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