October 4, 2019

FBI director warns Facebook could become platform of ‘child pornographers’

FBI Director Christopher Wray said Friday that Facebook’s proposed move to encrypt its popular messaging program would turn the platform into a “dream come true for […]
October 4, 2019

Oil rises on fall in U.S. unemployment rate

Oil prices rose on Friday, although remained on track for a second consecutive weekly loss, as an increase in U.S. jobs eased financial market concerns that […]
October 4, 2019

Futures slip ahead of crucial jobs report

U.S. stock index futures retreated on Friday ahead of a crucial jobs report in a dismal week for markets roiled by bleak economic data that raised […]
October 4, 2019

BP to make Bernard Looney CEO as climate challenge looms

Bernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major […]
October 4, 2019

‘Sahm Rule’ enters Fed lexicon as fast, real-time recession flag

Astronomers get to name comets and biologists get to name species, but come up with something cool in economics and you might be memorialized with a […]
October 4, 2019

U.S. states fight back against Purdue’s bid to halt opioid lawsuits

U.S. state officials are due on Friday to launch a counterattack against OxyContin maker Purdue Pharma LP over its attempt to shield the company and its […]
October 4, 2019

Factbox: Dudley departure forms part of change of guard at UK Plc

BP on Friday appointed its head of upstream Bernard Looney as chief executive to succeed Bob Dudley when he retires next year, the latest in a […]
October 4, 2019

Oil edges up but still set for big weekly loss on demand worries

Oil prices rose on Friday but were still on track for a second consecutive weekly loss after sliding on fears that slower global economic growth would […]
October 4, 2019

Exclusive: U.S. helps Mastercard, Visa score victory in Indonesia in global lobbying effort

U.S. trade officials, at the request of card networks Mastercard and Visa , convinced Indonesia late last year to loosen rules governing its new domestic payment […]
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