Business & Finance News
A pair of wildfires have destroyed dozens of homes near Los Angeles and forced thousands of residents to evacuate, fire officials and local media reported on Friday, days after power cuts were ordered across the state to prevent fires.
U.S. President Donald Trump said on Friday that U.S.-China trade talks were going well as the second day of top-level negotiations aimed at rolling back tensions between the world’s two largest economies begins.
For America’s working poor, an often essential ingredient for getting and keeping a job – having a car – has rarely been more costly, and millions of people are finding it impossible to keep up with payments despite prolonged economic growth and low unemployment.
Citigroup Inc on Friday named Douglas Adams and James Fleming global co-heads of its equity capital markets business, which helps companies raise money through IPOs and private placements.
U.S. stocks opened strongly on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.
General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of its latest offer aimed at ending a month-long strike.
Uber said on Friday it would buy a majority stake in online grocery provider Cornershop as the ride-hailing giant moves to expand its fast-growing delivery service into the grocery store market.
A panel of international air safety regulators on Friday harshly criticized the U.S. Federal Aviation Administration’s (FAA) review of a safety system on Boeing’s 737 MAX airliner later tied to two crashes that killed all 346 people aboard.
United Airlines Holdings Inc said on Friday it is extending cancellations of Boeing 737 MAX flights until Jan. 6, as regulators continue to extensively review proposed software changes to the grounded plane.
Thomas Cook , the world’s oldest travel firm, has received a non-binding bid for its Nordic operations, a spokesman said on Friday.
French government wants the Renault-Nissan alliance to enter a new phase and supports Renault’s chairman Jean-Dominique Senard, French Finance Minister Bruno Le Maire said on Friday.
American Airlines Group Inc and Brazil’s Gol Linhas Aereas Inteligentes SA are negotiating a “partnership” that could “integrate flights between the two airlines in Latin America,” a newspaper reported on Friday.
Renault’s board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan seek a fresh start following the scandal-hit tenure of former alliance supremo Carlos Ghosn.
U.S. stock index futures rose strongly on Friday, as hopes grew for a partial trade deal and a delay in scheduled U.S. tariff increases, as top negotiators from the United States and China geared up to meet for a second day of talks.
An ongoing workers’ strike at General Motors Co could cost the automaker about $1.5 billion, brokerage Credit Suisse said on Friday, throwing the U.S. automaker’s cost reduction plans off the track and forcing key suppliers to cut their 2019 outlook.
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