U.S. CFTC orders Wells Fargo Bank to pay $14 million over alleged violations
The U.S. Commodity Futures Trading Commission has ordered a Wells Fargo & Co unit to pay more than $14 million over alleged multiple swap dealer...
Trade deal doubts clip world stock rally, oil falls
Oil prices fell and global equity markets slid on Friday, halting a week-long rally on hopes an end to the U.S.-China trade war was near,...
Gap says still planning Old Navy spin-off as CEO departs
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...
Germany’s economic pain is here to stay
It was meant to be a fleeting slowdown for Europe’s economic powerhouse, followed by a rapid rebound....
Trump says has not agreed to roll back tariffs on China
President Donald Trump on Friday told reporters he has not agreed to roll back tariffs on China but that Beijing would like him to do...
Total says to avoid fuel shortage as strike escalates at Feyzin refinery
French energy major Total said on Friday it was taking measures to avoid fuel and other products shortages after striking workers blocked distribution from its...
EasyJet, Jet2.com buy Thomas Cook’s UK airport slots
British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports,...
S&P 500, Nasdaq open lower as trade-fueled rally pauses
The S&P 500 and Nasdaq indexes opened slightly lower on Friday after a record run this week fueled by rising hopes of a U.S.-China trade...
U.S. company directors compensated more than ever, but now risk backlash
The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and...
Daimler to cut 1,100 managing positions worldwide: Sueddeutsche Zeitung
Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung said on Friday, citing a newsletter circulated by...