April 13, 2019

California governor proposes fund to pay for wildfire liabilities; PG&E shares rise

California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities and said he would hold the state’s largest utility more accountable […]
April 12, 2019

Mattel’s Fisher Price recalls all ‘Rock ‘n Play’ models due to reports of death

U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its “Rock ‘n Play Sleeper” products after reports of more than […]
April 12, 2019

S&P 500 closes near record high as earnings season begins in earnest

U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would dampen […]
April 12, 2019

Chevron to buy Anadarko for $33 billion in shale, LNG push

Chevron Corp doubled down on its bet on surging U.S. oil and gas output on Friday, saying it would buy shale producer Anadarko Petroleum Corp for […]
April 12, 2019

Chevron CEO proves dealmaker with $33 billion offer for Anadarko

Chevron Corp’s proposed $33-billion deal for Anadarko Petroleum Corp vaults the company into top ranks of the world’s biggest oil companies and cements its chief executive, […]
April 12, 2019

China data, JPMorgan results lift stocks, riskier assets

Global stocks rose on Friday after JP Morgan’s results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China’s economy helped […]
April 12, 2019

Oil rises 1 percent on tightening crude supply, upbeat economic data

Oil prices rose 1 percent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, […]
April 12, 2019

FAA meets with U.S. airlines, pilot unions on Boeing 737 MAX

The Federal Aviation Administration met for three hours on Friday with representatives from the three major U.S. airlines that fly now grounded Boeing 737 MAX airplanes […]
April 12, 2019

California governor makes new proposals to fight wildfires, PG&E shares rise

California Governor Gavin Newsom released a report on Friday calling for the creation of funds to fight wildfires and proposed that state law should be reformed […]
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