U.S. bank regulator charges Citi $30 million for real estate violations
The U.S. Office of the Comptroller of the Currency (OCC) said on Friday that it had fined Citibank $30 million for real estate violations....
FAA must ramp up staffing to oversee airplane certification after 737 MAX: panel
The U.S. Federal Aviation Administration had insufficient personnel to oversee the certification of new Boeing airplanes and should make significant reforms in how it approves...
Stocks bask in ‘warmer feelings’ from trade talks, Brexit deal hopes
Global stocks and the euro rallied on Friday on signs of a detente in the U.S.-China trade war and hopes that Britain was moving closer...
International panel report faults FAA approval of Boeing 737 MAX
The U.S. Federal Aviation Administration on Friday released a report by an international aviation panel that criticized the agency’s certification of the Boeing 737 MAX...
GM appeals directly to employees as strike losses mount, riling UAW
General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the...
Oil rises 2% after reports of Iranian tanker attack
Oil prices rose about 2% on Friday after Iranian media said a state-owned oil tanker had been attacked in the Red Sea near Saudi Arabia,...
British regulator reviews JPMorgan metals trading amid U.S. probe: sources
Britain’s financial services regulator is examining allegations of precious metals market manipulation by JPMorgan Chase & Co traders following criminal charges by U.S. authorities, according...
Trump sees ‘good things’ in trade talks; China dangles partial deal
U.S. President Donald Trump sounded an optimistic note on Friday as high-level trade talks with China entered a second day, while Beijing indicated it was...
Italy’s Del Vecchio calls on Mediobanca to grow through M&A
Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s...
Wall Street rises as trade deal hopes grow; Apple hits record high
Wall Street rose for the third straight session on Friday, as investors expected top-level trade talks between the United States and China to result in...