UAW union leaders recommend approval of Ford labor deal
United Auto Workers leaders from Ford Motor Co’s U.S. plants on Friday recommended approval of a tentative labor agreement that would allow the No. 2...
Barneys’ Madison Avenue store to remain open for at least a year
Barneys New York Inc’s flagship Madison Avenue outlet in Manhattan will remain open for at least another year in a slimmed-down form while the buyer...
U.S. Supreme Court to review SEC’s power to recover ill-gotten gains
The U.S. Supreme Court on Friday agreed to hear a challenge to the ability of the Securities and Exchange Commission to recover ill-gotten profits obtained...
Oil rises nearly 4% on U.S.-China trade hopes, but sets weekly decline
Oil prices rose nearly 4% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment...
U.S. extends divestiture deadline for sanctioned Russian firm GAZ
The U.S. Treasury said on Friday it was giving investors several more months to divest from Russian automaker GAZ , a company linked to Russian...
Deutsche Bahn in exclusive talks with Carlyle for Arriva sale
Deutsche Bahn is in exclusive talks with U.S. buyout group Carlyle over the sale of the German rail operator’s Arriva international passenger transport unit, a...
AT&T adds Seagate chairman Stephen Luczo to board
AT&T Inc said on Friday it named Seagate Technology Plc chairman Stephen Luczo to its board, days after the second-largest U.S. wireless phone carrier by...
Factbox: GM strike sends ripples across auto parts suppliers
Several auto parts makers and suppliers have lowered their full-year forecasts and disclosed hits to quarterly earnings from the 40-day strike at No.1 U.S. carmaker...
Clarida says U.S. economy, Fed policy ‘in a good place’
The Federal Reserve’s three interest rate cuts this year have provided “significant support” for the U.S. economy whose full effects are yet to be felt,...
S&P 500, Nasdaq hit record highs on U.S. jobs report, China data
Wall Street’s main indexes climbed on Friday, as concerns over global growth were allayed by largely upbeat U.S. jobs report and data out of China...