U.S. court urged to throw out ‘Pharma Bro’ Martin Shkreli’s conviction
A lawyer for former pharmaceutical executive Martin Shkreli on Friday urged a federal appeals court to overturn Shkreli’s criminal conviction for defrauding investors in hedge...
Banks boost Wall Street with G20 in focus
U.S. stocks rose on Friday, as big banks gained after clearing the Federal Reserve’s stress test, while investors kept a watch on the G20 summit...
Sarepta surges after Pfizer gene therapy data raises safety concerns
Shares of Sarepta Therapeutics Inc surged 15% on Friday after some safety concerns were raised in a small, early-stage study of a competing gene therapy...
Trump, with a wag, asks Putin not to meddle in U.S. elections
President Donald Trump on Friday sardonically asked his Russian counterpart to please not meddle in U.S. elections, appearing to make light of a scandal that...
Oil prices steady, set for weekly gain ahead of G20 talks, OPEC
Oil prices were steady on Friday and on track for a second straight week of gains, ahead of talks over the trade dispute between the...
Moderate U.S. consumer spending, inflation support rate cut
U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal...
Wall St. drifts higher with G20 summit underway
U.S. stocks rose on Friday, as big banks gained after clearing the Federal Reserve’s stress test, while investors kept a watch on the G20 summit...
Deutsche Bank considering up to 20,000 job cuts, WSJ reports
Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on...
Lego family, Blackstone take Merlin private in $7.5 billion deal
Lego’s founding family and private equity firm Blackstone are taking Britain’s Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner...
Wall St. modestly higher with G20 summit underway
U.S. stocks rose on Friday as shares of big banks gained after clearing the Federal Reserve’s stress test, with investors closely tracking the G20 summit...