AbbVie Inc posted quarterly sales above estimates on Friday and raised the lower end of its 2019 profit forecast, getting a boost from strong demand for cancer medicine Imbruvica and a lower-than-expected drop in bestseller Humira's revenue.
Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion valuation as possible ahead of an expected listing launch on Sunday, according to three sources.
American International Group Inc missed analysts' estimates for third-quarter profit on Friday due to weakness in the insurer's life and retirement unit and a difficult period for catastrophe losses.
Orders for long-distance wide-body jets are on track to fall this year by the most since the throes of the 2008 financial crisis, fuelling concerns that the drop will eat into future cash flow at Boeing and its European rival Airbus.
Dallas Federal Reserve Bank President Robert Kaplan said on Friday the U.S. central bank now has monetary policy at a "roughly" appropriate setting and should leave interest rates where they are for the time being.
As the Federal Reserve lowers rates, some banks are pulling back their offerings on savings accounts and certificates of deposit. Here are the best current offers.
Alphabet Inc-owned Google will buy fitness tracker pioneer Fitbit Inc for $2.1 billion, as the search giant looks to take on Apple and Samsung in the fast-growing market for wearable devices.
U.S. stocks rose nearly 1% on Friday, taking comfort from October data that showed U.S. jobs growth slowed less than expected and China's factory activity expanded at its fastest pace in more than two years.
Royal Dutch Shell has appointed Huibert Vigeveno to head its downstream businesss, the refining operations that are to become a key pillar for the oil and gas company as it transitions to cleaner energy.
President Donald Trump's administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry Kudlow said on Friday.
NCFA | Craig Asano | Nov 1, 2019 NCFA recently sat down with Toronto-based Ledn's CEO and Co-Founder Adam Reeds (LinkedIn) to learn more about the rise of Decentralized Finance (DeFi) and the company's tremendous growth in Latin America. There are a number of growing DeFi use cases based around blockchain technologies and decentralized networks
China trade talks are making progress and the United States still aims to sign an initial deal this month, although the phase one agreement remains unfinished and some issues will be pushed to a second pact, a White House official said on Friday.
The three rate cuts passed by the Federal Reserve this year leave the U.S. economy better armed to withstand the risks of a global slowdown, Fed Vice Chair Richard Clarida said on Friday.
U.S. construction spending increased more than expected in September as investment in homebuilding rose its highest level in nine months.
AbbVie Inc said on Friday it was in talks with several parties interested in buying the two assets it intends to divest for the completion of its $63 billion deal to buy drugmaker Allergan Plc .