Coronavirus fears weigh on U.S. manufacturing, services sectors
U.S. manufacturing and services sectors activity stalled in February amid growing concerns about the deadly coronavirus’ impact on the economy, boosting investor demand for safe-haven...
Elon Musk’s SpaceX to raise $250 million, valuing it at $36 billion: CNBC
Elon Musk’s SpaceX is looking to raise about $250 million, taking the private rocket company’s valuation to about $36 billion, CNBC reported on Friday, citing...
Deere’s shares hit five-year high on unexpected rise in quarterly profits
Deere & Co’s shares soared on Friday to their highest level in at least five years after it reported an unexpected increase in first-quarter profit...
New York Times plans to name Meredith Kopit Levien as next CEO: Bloomberg News
New York Times Co is expected to name company insider Meredith Kopit Levien as its next chief executive officer to succeed Mark Thompson, Bloomberg News...
Wall Street slides as gloomy data adds to coronavirus fears
U.S. stock indexes fell on Friday after data showed U.S. business activity stalled in February, and a spike in new coronavirus cases in China and...
Stocks slide 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 on...
UniCredit may make announcement later on Friday on CEO Mustier’s future: sources
Italy’s biggest bank UniCredit may make an announcement as early as Friday night on the future of boss Jean Pierre Mustier, two sources familiar with...
Self-driving car companies complain California test data may mislead
Developers of self-driving cars are amping up criticism of a California reporting requirement on test data, saying the data could mislead, as the state prepares...
Exclusive: Aramco to win unconditional EU clearance for $69 billion SABIC deal – sources
World No. 1 oil producer Saudi Aramco is set to gain unconditional EU antitrust approval for its $69 billion buy of a 70% stake in...
Fed policymakers call for quick, strong action in next downturn
The U.S. central bank will need to act aggressively to counter future downturns, deploying old tools more quickly and adopting new ones, Federal Reserve Governor...