Wall Street Week Ahead: Investors eye G20 with hopes for U.S.-China trade detente
All eyes will be on U.S. President Donald Trump and China’s President Xi Jinping next week as investors are desperate for any signs of a...
Brazil’s Petrobras pays $700 million to Vantage Drilling after court decision
Brazilian state-controlled oil company Petróleo Brasileiro SA said on Friday it had made a $700 million payment to oil services provider Vantage Drilling Company in...
Bang-up week on Wall Street ends with a whimper
Wall Street edged lower on Friday, as U.S. Vice President Mike Pence’s decision to defer a speech on China policy increased optimism on upcoming trade...
General Electric to scrap California power plant 20 years early
General Electric Co said on Friday it plans to demolish a large power plant it owns in California after only one-third of its useful life...
Oil climbs on Iran tensions, stocks edge back from seven-week highs
Oil prices added to recent gains on Friday on fears any U.S. military attack on Iran would disrupt flows of crude from the Middle East,...
Wall Street edges down as U.S.-Iran tension counters trade hopes
Wall Street closed slightly lower on Friday as U.S. Vice President Mike Pence’s decision to defer a speech on China policy increased optimism on upcoming...
U.S. judge tosses former SAC Capital trader’s insider trading guilty plea
A federal judge in Manhattan on Friday threw out the 2013 insider trading guilty plea of a former trader at SAC Capital Advisors LP, the...
S&P 500 hits all-time high on trade optimism
The S&P 500 touched a record high for the second straight session on Friday as hopes of trade talks between Washington and Beijing were lifted...
Oil gains after Iran tensions, stocks at seven-week highs
Oil prices built on recent gains on Friday on fears any U.S. military attack on Iran would disrupt flows from the Middle East, while a...
PG&E to float $31 billion restructuring plan: Bloomberg
Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover...