August 30, 2019

Stocks edge higher but post monthly loss; yuan weakens as tariffs loom

Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise on Friday despite a tepid performance on Wall Street, though […]
August 30, 2019

Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday

Wall Street ended the week with a lackluster session on Friday as investors were cautious ahead of a holiday weekend in which a fresh round of […]
August 30, 2019

Volkswagen overstated fuel economy on 98,000 U.S. vehicles, will repay consumers

Volkswagen AG must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the U.S. Environmental Protection Agency said auto […]
August 30, 2019

Oil falls ahead of hurricane but posts weekly gain as U.S.-China trade war eases

Oil futures fell on Friday, with U.S. crude down nearly 3% ahead of a hurricane near the Florida coast that could dampen demand, but prices were […]
August 30, 2019

Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin’s chances

Airbus SE on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival […]
August 30, 2019

Activist Jana to push again for changes at Outback owner Bloomin’ Brands

Activist hedge fund Jana Partners on Friday disclosed a large new stake in Outback Steakhouse owner Bloomin’ Brands Inc , returning for the second time in […]
August 30, 2019

General Motors cuts some 350 jobs in Thailand operations

General Motors has cut about 350 jobs from its Thai subsidiary’s operations, a labor representative said on Friday, slashing more than 15% of the workforce for […]
August 30, 2019

Toxic chemical at PES refinery mostly cleared, aiding probe of June blaze

Most of a highly toxic chemical stored at a fire-damaged Philadelphia oil refinery has been rendered inert, clearing the way for closer inspections of the site […]
August 30, 2019

Argentine peso, bond prices fall further as S&P rating cut prompts selling

Argentina’s battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor’s triggered automatic selling mechanisms at big pension funds. […]
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