Business & Finance News
Global stocks and the euro rallied on Friday on signs of progress in U.S.-China trade talks and hopes that Britain was moving closer to a smooth exit from the European Union.
German carmaker Daimler is recalling hundreds of thousands of Mercedes-Benz vehicles including Sprinter van models over diesel emissions issues.
U.S. officials on Friday signaled good news was coming after a second day of trade talks with China ended, boosting investor hopes that the world’s two largest economies would agree to cool the fires of their 15-month tariff war.
U.S. stocks rose sharply on Friday as hopes grew that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.
A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and engulfing acre upon acre of dry brush and chaparral as 100,000 residents were forced to flee.
A U.S. Bankruptcy Judge signaled support on Friday for a six-month pause to litigation led by 24 states against OxyContin maker Purdue Pharma LP to give the company time to settle thousands of lawsuits alleging it fueled a deadly nationwide opioid crisis.
Citibank has agreed to pay a $30 million fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the U.S. Office of the Comptroller of the Currency (OCC) said on Friday.
The Federal Trade Commission, which works with the Justice Department to enforce antitrust law, will lose the head of the Bureau of Competition next month, Chairman Joe Simons said in a statement on Friday.
Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it was continuing operations after transitioning ownership, but did not name the new owner.
President Donald Trump and other U.S. officials on Friday signaled good news was coming in trade talks with China, while Beijing indicated it was open to a “partial” deal that would avoid a planned hike in tariffs on its goods.
Three U.S. financial regulators on Friday issued a warning to firms with registered digital assets that they have an obligation to follow securities laws prohibiting money laundering and requiring disclosure of suspicious activity.
A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and engulfing acre upon acre of dry brush and chaparral as 100,000 residents were forced to flee.
U.S. President Donald Trump on Friday struck an optimistic note on trade talks with China, as high-level negotiators met for a second straight day, while Beijing indicated it was open to a “partial” deal that would avoid a planned hike in tariffs on its goods.
The U.S. Office of the Comptroller of the Currency (OCC) said on Friday that it had fined Citibank $30 million for real estate violations.
A fast-moving wildfire fueled by dry Pacific winds engulfed houses, roads and wooded areas near Los Angeles on Friday morning, killing at least one person and forcing some 100,000 residents to flee their homes, officials said.
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