October 25, 2019

Wall Street Weekahead: Bond fund managers see risk Fed cuts rates to zero

Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from […]
October 25, 2019

UAW to bargain next with Ford on new contract deal: sources

The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will […]
October 25, 2019

MSCI CEO says limiting capital flows to China would be ‘devastating’

Restricting the flow of U.S. capital to China would have a “devastating” impact on global markets, the head of index provider MSCI Inc told CNBC on […]
October 25, 2019

Mexico expects U.S. Congress to start formal trade deal approval soon

Mexico expects U.S. lawmakers to soon begin the process of approving a new trade deal between the two countries and Canada now that President Andres Manuel […]
October 25, 2019

United Airlines’ plans to sunset 757s depends on 737 MAX timing: COO

United Airlines wants to sunset older Boeing Co 757s “as soon as possible” but the timing will depend on when the Boeing 737 MAX starts flying […]
October 25, 2019

Micron launches new storage drives to challenge Intel in data centers

(The October 24 story corrects to reflect that Micron’s new devices are solid-state drives rather than hard drives with spinning disks.) Powered by WPeMatico
October 25, 2019

S&P 500 rises above record closing high on U.S.-China trade progress

The S&P 500 on Friday rose above its record closing high after Washington said it was close to finalizing parts of a trade pact with Beijing. […]
October 25, 2019

Exclusive: Qatar pushes for Deutsche Bank chairman to go – sources

Qatari investors in Deutsche Bank want the lender’s chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with […]
October 25, 2019

Richemont teams up with designer Alber Elbaz for fashion venture

Richemont said on Friday that it was teaming up with former Lanvin designer Alber Elbaz for a new venture at a time when luxury goods groups […]
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