GM to add 1,200 jobs at Michigan plants to meet SUV demand
No. 1 U.S. automaker General Motors Co said on Friday it plans to add more than 1,200 jobs at its Lansing plants in Michigan to...
Oil prices sink to lowest in more than a year
Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, set for their steepest weekly...
Exclusive: SoftBank communications chief Gary Ginsberg takes leave to aid Bloomberg campaign – sources
Gary Ginsberg, the global head of communications for SoftBank Group Corp , has taken an indefinite leave of absence to advise Michael Bloomberg’s U.S. presidential...
Intesa Sanpaolo hires four additional advisers for UBI Banca bid
Intesa Sanpaolo has picked JP Morgan, Morgan Stanley, UBS and Equita Sim as advisers for its bid on rival UBI Banca , Italy’s biggest retail...
Goldman expects 75 bps of Fed rate cuts by June
Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday,...
Main Street leans toward Sanders, but Wall Street says Trump
Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on...
Take Five: The virus data fog
We’ll soon get the first proper glimpse at the economic damage the coronavirus is inflicting. China’s official Purchasing Managers’ Index is due on Saturday, and...
Axing of Geneva car show forces manufacturers to rethink car launches
Carmakers were scrambling to reorganise press conferences and vehicle presentations after Swiss authorities forced the cancellation of the Geneva car show on Friday in an...
Madoff customer payout nears $14 billion, as dying swindler seeks freedom
Bernard Madoff’s former customers will soon see their total recovery approach $14 billion, a court-appointed trustee said on Friday, as the dying swindler awaits a...
Ex-Barclays bankers cleared over 2008 Qatar fees in blow to UK fraud office
Three former Barclays executives were unanimously acquitted on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar in...