Boeing's top supplier Spirit AeroSystems Inc said on Friday it would stop making fuselages for the grounded 737 MAX jets, the first major indication of disruption spreading to the planemaker's suppliers facing thousands of potential layoffs.
Unions at carmaker Fiat Chrysler said management had given assurances at a meeting on Friday on jobs and a 5 billion euro ($5.54 billion) investment plan in Italy following the group's planned merger with French rival PSA .
Oil was down about 1% on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-China trade tensions, which has boosted business confidence and the outlook for global economic growth.
The SEC proposed a rule that would expand the pool of so-called accredited investors, who are permitted to buy investments such as private equity, hedge funds, venture capital funds and stock in start-ups.
The S&P 500 extended its run of record highs for the seventh straight session on Friday, its longest streak in over two years, as investor optimism continued on improving U.S.-China trade relations and strength in domestic consumer spending.
United Airlines Holdings Inc said on Friday it is extending cancellations of Boeing 737 MAX flights from early March until June 4, the longest that any U.S. carrier is scheduling without the grounded aircraft.
Calgary Herald | Amanda Stephenson | Dec 19, 2019 After eliminating a suite of business tax credit programs in this fall’s provincial budget, the UCP government is now considering allowing startup technology companies to issue flow-through shares as way to help attract capital investment to the rapidly growing sector. The government has established a working
France's competition watchdog fined Google 150 million euros ($167 million) on Friday for abusing its power over the treatment of advertisers, saying it applied opaque rules and changed them at will.
United Airlines Co is extending its cancellations of Boeing 737 MAX flights until June 4 as Boeing's top supplier, Spirit AeroSystems Inc, said it would stop making fuselages for the grounded jets.
Alphabet Inc's newly-instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant.
United States Steel Corp plans to lay off as many as 1,545 workers at its Great Lakes Works facility in the electoral swing state of Michigan following its decision to indefinitely idle a "significant" portion of the facility.
Oil fell on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.
U.S. economic growth nudged up in the third quarter and the economy appears to have maintained the moderate pace of expansion as the year ended, supported by a strong labor market.
For all the angst about trade wars, geopolitics and a sputtering and overly indebted global economy, 2019 might just be the best year investors have ever had.
The S&P 500 hit a record high for the seventh straight session on Friday, its longest in over two years, as investor sentiment improved on progress in U.S.-China trade relations and strength in domestic consumer spending.