November 16, 2018

Regulator ‘stunned and terrified’ after causing PG&E stock surge

The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled […]
November 16, 2018

Bombardier CEO meets investors as stock dives 21 percent

Bombardier Inc’s top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and […]
November 16, 2018

Wall Street advances on trade optimism; Nvidia, Facebook lag

The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese […]
November 16, 2018

Dollar falls as Fed officials ring note of caution, pound bounces

The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following […]
November 16, 2018

Trump says U.S. may not impose more tariffs on China

U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of […]
November 16, 2018

PG&E shares, debt rebound as regulator soothes bankruptcy fear

Shares of embattled utility PG&E Corp surged 37 percent on Friday as fears it could be bankrupted by potential liability from California’s deadliest-ever wildfire were assuaged […]
November 16, 2018

Delta adds 10 A330neo in boost to Airbus’ slow-selling jet

U.S. carrier Delta Air Lines said on Friday it ordered 10 Airbus A330neo long-haul jets, reinforcing its position as the first U.S. airline to operate the […]
November 16, 2018

Google Cloud names Thomas Kurian to replace CEO Diane Greene

Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc’s Google in the coming weeks, Greene […]
November 16, 2018

Oil edges up in volatile session but headed for weekly loss

Oil traded up slightly in a volatile session on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output […]
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