February 1, 2019

U.S. agency seeks approval to take over Sears pensions

A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, after objecting to Sears Chairman […]
February 1, 2019

U.S. corporate earnings trend stokes concern about 2019 outlook

U.S. companies are beating analysts’ expectations this earnings season, but to a smaller degree than normal, and S&P 500 companies are now barely expected to eke […]
February 1, 2019

Amazon jitters offset upbeat jobs data on Wall Street

Wall Street ended mixed on Friday, as optimism from a surge in January U.S. job growth was offset by a weaker-than-expected outlook from Amazon.com Inc that […]
February 1, 2019

Exclusive: Delta trying to unload East Coast refinery – sources

Delta Air Lines wants to sell its oil refinery in Trainer, Pennsylvania, after attempts to offer a partial stake in the plant late last year failed, […]
February 1, 2019

GM meets with lawmakers over racism allegations at Ohio plant

Senior General Motors Co executives met this week with Ohio’s two senators and other lawmakers on Capitol Hill after African American employees sued the automaker accusing […]
February 1, 2019

Stock rally flags after strong U.S. data, bond yields rise

Bond yields rose on Friday after U.S. employment and manufacturing data underscored a strong economy with little wage inflation, while a gloomy outlook from Amazon.com helped […]
February 1, 2019

Foxconn vows to build Wisconsin plant after talk with Trump

Foxconn Technology said on Friday it will build a factory in Wisconsin after the company’s chairman spoke to U.S. President Donald Trump, following a Reuters report […]
February 1, 2019

Potential Fed pick Cain says deflation bigger worry: Fox Business

Former pizza chain executive Herman Cain, who is under consideration for a seat on the Federal Reserve’s board of governors, said on Friday the U.S. central […]
February 1, 2019

Exclusive: China buys U.S. soybeans a day after trade talks – traders

Chinese state-owned firms bought at least 1 million tonnes of U.S. soybeans on Friday, a day after high-level bilateral talks yielded progress toward a trade deal […]
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