Stocks slip as coronavirus fears spur safe-haven buying
Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield...
Federal prosecutors investigating whether Boeing pilot knowingly lied to FAA: NYT
Federal prosecutors investigating Boeing Co are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737...
U.S. watchdog proposes national standard for disclosing expired debt
The U.S. consumer watchdog on Friday proposed establishing a national standard for how debt collectors must inform borrowers when they cannot be sued for expired...
Deere’s shares hit all-time high on unexpected rise in quarterly profit
Deere & Co’s shares hit an all-time high on Friday after the company reported an unexpected increase in first-quarter profit, but the world’s largest farm...
In next downturn, Fed may opt for quick, strong action
In the next economic downturn, the Federal Reserve and other central banks may need to roll out their big guns sooner and add new bazookas...
Oil slides 1% on renewed fears over toll from coronavirus
Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC...
Verizon withdraws from RSA conference on coronavirus concerns
Verizon Communications Inc has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said https://www.rsaconference.com/novel-coronavirus-update on Friday....
U.S. authorities to announce deal over Wells Fargo’s sales practices scandal: sources
U.S. authorities will soon announce a settlement related to Wells Fargo’s multi-year sales practices scandal, according to two sources familiar with the matter, wrapping up...
Lawsuit in NY says ex-hedge fund manager Falcone reneged on loans, wrongly sold a Warhol
Former hedge fund manager Philip Falcone has been sued for more than $65.8 million after he allegedly defaulted on a series of loans and improperly...
Timberland sees eco-green with slower delivery speeds
Outdoor apparel retailer Timberland is testing online shoppers’ willingness to help the environment by slowing down delivery as Amazon.com drives retailers toward pricier, more polluting...