February 28, 2020

USTR vows to push for trade deals with Britain, EU; seeks broader reset at WTO

The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming year, while strictly […]
February 28, 2020

S&P falls for seventh day, suffers biggest weekly plunge since 2008 crisis

The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis […]
February 28, 2020

Fasten your seat belts, U.S. Congress sets hearing on air travel

The airline industry could run into turbulence on Capitol Hill next week as a U.S. Congressional panel tackles passenger complaints about unpleasant airline experiences, holding a […]
February 28, 2020

Sanofi to pay $11.9 million to resolve U.S. drug charity kickback probe

Sanofi SA has agreed to pay $11.85 million to resolve U.S. allegations that it used a charity that helps cover Medicare patients’ out-of-pocket drug costs as […]
February 28, 2020

Harley-Davidson CEO Matthew Levatich steps down

Harley-Davidson Inc said on Friday Matthew Levatich has stepped down as chief executive officer and the motorcycle maker named Jochen Zeitz as the interim CEO. Powered […]
February 28, 2020

Goldman’s asset management unit ups positions in hotel, cruise line stocks

Goldman Sachs Group Inc’s asset management unit has added to positions in travel stocks, including hotels and cruise lines, as well as Live Nation Entertainment Inc […]
February 28, 2020

Citron’s Andrew Left closes Wayfair short bet after long wait

This week’s sharp stock sell-off helped activist short-seller Andrew Left profitably close a long-held bet against online retailer Wayfair on Friday. Powered by WPeMatico
February 28, 2020

Cooling consumer spending, inflation put spotlight on Fed amid coronavirus

U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears […]
February 28, 2020

Wall Street losses broaden with no clarity on coronavirus impact

Wall Street’s main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis on […]
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