February 22, 2019

Fed says U.S. economy ended 2018 with solid but weakening growth

The U.S. economy maintained “solid” growth through the second half of 2018, likely expanding “just under” 3 percent for the year, though consumer and business spending […]
February 22, 2019

Equifax says U.S. regulators seek damages related to 2017 breach

Credit reporting company Equifax Inc said it was informed by several U.S. regulators that they intend to seek damages from the company related to the cybersecurity […]
February 22, 2019

GM extends production at Detroit factory until early 2020

General Motors Co said on Friday it had extended the production at its Detroit Hamtramck plant until January 2020, against an earlier plan to discontinue production […]
February 22, 2019

Canada’s Barrick considers buyout of rival Newmont Mining

Canada’s Barrick Gold Corp said on Friday it was considering an all-stock bid for U.S. rival Newmont Mining Corp, a deal that would create a monolith […]
February 22, 2019

GM extends production at Detroit factory until early 2020

General Motors Co said on Friday it had extended the production at its Detroit Hamtramck plant until January 2020, against an earlier plan to discontinue production […]
February 22, 2019

EU drafting retaliatory tariff list hitting Caterpillar, Xerox, Samsonite: Bloomberg

The European Union is drafting a list of retaliatory tariffs that would target Caterpillar Inc, Xerox Corp and Samsonite International if U.S. President Donald Trump imposes […]
February 22, 2019

Wall St. opens slightly higher, Kraft Heinz weighs on consumer staples

U.S. stocks opened slightly higher on Friday on hopes of a trade deal between the United States and China, but a 26 percent plunge in Kraft […]
February 22, 2019

UBS sticks to dividend, capital return plans after French verdict

UBS plans to stick to its proposed dividend for 2018, CEO Sergio Ermotti said on Friday, two days after the Swiss bank was hit with a […]
February 22, 2019

Global shares nudge higher, Aussie dollar rebounds after slide

Global shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after China denied […]
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