April 26, 2019

Exclusive: Wells Fargo taps headhunter Spencer Stuart to find new CEO – sources

Wells Fargo & Co’s board has retained executive search firm Spencer Stuart to hunt for a new chief executive, ideally a woman who can tackle its […]
April 26, 2019

Amazon raises stakes for rivals with one-day delivery goal after profit surge

Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up […]
April 26, 2019

Global stocks rise slightly but dollar eases in wake of U.S. GDP data

Global stock markets edged higher on Friday as data showing U.S. economic growth accelerated in the first quarter offset corporate earnings disappointments, while the dollar fell […]
April 26, 2019

Uber unveils IPO terms that temper expectations

Uber Technologies Inc, the world’s largest ride-hailing company, plans an initial public offering that values the company lower than the startup’s insiders had hoped, between $80.5 […]
April 26, 2019

Wall Street hits a lull after weak Intel results, mixed GDP report

U.S. stocks came under pressure on Friday, hit by weak results from Intel and Exxon Mobil, with mixed first-quarter GDP data adding to a somber mood. […]
April 26, 2019

Strong growth gives U.S. leverage in China trade talks: White House adviser

Strong U.S. economic growth and modest inflation are giving Washington leverage over Beijing in trade talks, the White House’s top economic adviser said on Friday as […]
April 26, 2019

White House adviser says ‘ample progress’ being made in U.S.-China talks

White House economic adviser Kevin Hassett said on Friday that “ample progress” is being made in the U.S.-China trade talks. Powered by WPeMatico
April 26, 2019

Exxon Mobil, Chevron dogged by refining, chemicals troubles

Exxon Mobil Corp and Chevron Corp on Friday reported lower profits, citing lower margins and refining weaknesses, areas that have plagued the two oil companies off […]
April 26, 2019

U.S. opens criminal probe into Ford emissions certification

The U.S. Justice Department has opened a criminal investigation into Ford Motor Co’s emissions certification process in the United States, the automaker disclosed on Friday, saying […]
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