August 16, 2019

Wall Street ends sharply higher on German stimulus optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the […]
August 16, 2019

Canada awards multi-billion contract to General Dynamics as election looms

Canada on Friday announced a multi-billion dollar contract with General Dynamics Corp for equipment that will be manufactured in a region where the ruling Liberals need […]
August 16, 2019

Amazon.com defeats IRS appeal in U.S. tax dispute

Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its […]
August 16, 2019

Oil rises alongside equities, but downbeat OPEC outlook caps gains

Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. Powered by […]
August 16, 2019

Exclusive: Fed’s Mester weighing argument for U.S. rate cut

One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such a move now given risks that a U.S.-China trade […]
August 16, 2019

Lower rates could boost housing stocks, but risks remain

Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and […]
August 16, 2019

U.S. judge urges VW, SEC to resolve civil Dieselgate suit

A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG to resolve a civil suit stemming from its Dieselgate […]
August 16, 2019

Oil rises alongside equities, but weak OPEC outlook caps gains

Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. Powered by […]
August 16, 2019

Tyson recalls nearly 40,000 pounds of Weaver chicken patties

Tyson Foods Inc is recalling nearly 40,000 pounds of its Weaver chicken patties after some consumers found pieces of rubber in the product, the no. 1 […]
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