Trade deal doubts clip world stock rally, oil wavers
Oil prices faltered and global equity markets slid on Friday, halting a week-long record-setting rally on hopes a U.S.-China trade deal was near, as investors...
Southwest pulls Boeing Max jets until March, in longest U.S. delay yet
Southwest Airlines said on Friday it is extending the cancellation of flights using 737 MAX jets from its schedule by another month as Boeing Co...
Indexes trade near flat, pause as trade deal doubts resurface
U.S. stocks were near unchanged on Friday after President Donald Trump said he has not agreed to a rollback of U.S. tariffs sought by China,...
Gap commits to Old Navy split; CEO exit won’t impact holiday shopping season
Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts...
Trump says has not agreed to roll back tariffs on Chinese goods
President Donald Trump on Friday said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world’s...
U.S. Supreme Court to consider blocking Booking.com trademark
The U.S. Supreme Court on Friday agreed to consider a bid by a federal agency to prevent the popular hotel reservation website Booking.com, a unit...
Activist investor Icahn sells nearly a third of his Occidental Petroleum stake
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion acquisition of Anadarko Petroleum, cut...
U.S. CFTC orders Wells Fargo to pay $14 million over unfair foreign exchange trade
The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co to pay more than $14 million to settle charges it provided “misinformation” when conducting...
Activist investor Carl Icahn sells nearly a third of his Occidental Petroleum stake
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion acquisition of Anadarko Petroleum, cut...
Italian court convicts Deutsche Bank, Nomura in Monte Paschi derivative trial
An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say...