November 8, 2019

Indexes trade near flat, pause as trade deal doubts resurface

U.S. stocks were near unchanged on Friday after President Donald Trump said he has not agreed to a rollback of U.S. tariffs sought by China, fueling […]
November 8, 2019

Gap commits to Old Navy split; CEO exit won’t impact holiday shopping season

Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned […]
November 8, 2019

Southwest pulls Boeing Max jets until March, in longest U.S. delay yet

Southwest Airlines said on Friday it is extending the cancellation of flights using 737 MAX jets from its schedule by another month as Boeing Co faces […]
November 8, 2019

Trade deal doubts clip world stock rally, oil wavers

Oil prices faltered and global equity markets slid on Friday, halting a week-long record-setting rally on hopes a U.S.-China trade deal was near, as investors parsed […]
November 8, 2019

Activist investor Carl Icahn sells nearly a third of his Occidental Petroleum stake

Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion acquisition of Anadarko Petroleum, cut his […]
November 8, 2019

U.S. CFTC orders Wells Fargo to pay $14 million over unfair foreign exchange trade

The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co to pay more than $14 million to settle charges it provided “misinformation” when conducting a […]
November 8, 2019

WeWork, ex-CEO Neumann, Softbank sued over botched IPO, plummeting value

WeWork officials, including co-founder and former Chief Executive Adam Neumann, are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its […]
November 8, 2019

Factbox: Failure to launch – The biggest IPO pull-outs of 2019

Private companies seeking to launch on stock markets have abandoned a series of initial public offerings (IPO) this year after a string of high-profile startups — […]
November 8, 2019

Trump says has not agreed to roll back tariffs on Chinese goods

President Donald Trump on Friday said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world’s two […]
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