AbbVie Inc on Friday forecast 2020 earnings above Wall Street estimates as the drugmaker expects growth to be powered by its new treatments for psoriasis and rheumatoid arthritis at a time when sales of its blockbuster drug Humira slow.
Societe Generale studied the impact on companies following an ESG high controversy event, finding that stocks typically underperformed by 12% over the following two years.
U.S. electric carmaker Tesla's factory in China's financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading epidemic of coronavirus, a Shanghai government official said on Saturday.
U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment.
Wall Street slipped from record highs at the open on Friday as investors assessed the U.S. employment report for January that showed acceleration in jobs growth but included a downward revision to some previous numbers.
Ford Motor Co on Friday named top executive Jim Farley its chief operating officer, positioning him as potential heir to Chief Executive Officer Jim Hackett and shaking up its top management three days after a weak 2020 profit outlook.
Shares of Uber Technologies Inc rose on Friday after the ride-hailing company laid out an ambitious plan to be profitable by the end of 2020, a year ahead of its previous target as it tries to squash Wall Street doubts over its long-term viability.
One downside to being your own boss is having to figure out company plan benefits, like a retirement account. Here's how to choose a way to save for retirement when you're on your own.
Swiss markets watchdog FINMA is still examining corporate governance issues at Credit Suisse after Chief Executive Tidjane Thiam resigned amid a scandal over surveillance of managers, the agency said on Friday.
Nagging coronavirus worries took a swipe at world markets on Friday but failed to stand in the way of the best week for stocks since June and the strongest for the dollar since August.
Spirit AeroSystems Inc, Boeing Co's largest supplier, said on Friday it would slash its quarterly dividend to just 1 cent per share as it grapples with the grounding of the planemaker's 737 MAX jets.
Credit Suisse's incoming chief executive, Thomas Gottstein, plans to stick Switzerland's second-biggest bank on a growth offensive following predecessor Tidjane Thiam's cost-cutting exercise, he told Reuters on Friday.
Social Security is already a heated topic among the 2020 presidential candidates, many of whom are already eligible for retirement benefits themselves. Here's how those claiming decisions are poised to change from the tack members of elder generations, like Sen. Bernie Sanders, take to how younger candidates, such as Pete Buttigieg, may behave.
U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment.
U.S. stock index futures extended losses on Friday after the Labor Department revised some past employment numbers lower, suggesting job growth could significantly slow this year.