Wall Street rallies to end higher on surprise U.S. jobs report
Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for...
May’s jobs report stunner: real deal or head fake?
The U.S. economy unexpectedly added jobs in May, surprising economists and analysts who had forecast millions more losing their livelihoods, and raising hopes of a...
Wall Street closes up sharply on surprise U.S. jobs report
Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for...
Trump threatens EU, China with tariffs; names Navarro ‘lobster king’
U.S. President Donald Trump on Friday threatened to impose tariffs on European Union cars if the bloc does not drop its tariff on American lobsters,...
Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company
WeWork’s Miguel McKelvey, who co-founded the troubled office-sharing start-up with Adam Neumann, will leave the company at the end of June....
Canada posts surprise jobs gain in May and June could be even better
Canada unexpectedly added almost 290,000 jobs in May as some provinces loosened COVID-19 restrictions on businesses, data showed on Friday, and there could be an...
Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney – sources
Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc out of bankruptcy should the U.S. department store chain’s negotiations...
Row over undelivered jets as Airbus threatens to sue airlines
A stand-off over undelivered passenger jets is intensifying after Airbus signalled it would sue airlines refusing to honour contracts in the face of the coronavirus...
United Airlines closing three of four international bases for flight crew
United Airlines Holdings Inc is closing three out of four international bases for flight attendants, according to an internal memo seen by Reuters, saying it...
German prosecutors probe Wirecard management board
Munich prosecutors on Friday said they had searched Wirecard’s headquarters and opened proceedings against the payment company’s entire management board as part of a market...