A White House official said on Friday no discussions have taken place about ousting U.S. Federal Reserve Chairman Jerome Powell after President Donald Trump expressed disappointment in him and criticized the central bank's latest interest rate cut.
U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere and hiring in the prior two months was stronger than previously estimated, offering some assurance that consumers would continue to support the slowing economy.
AbbVie Inc on Friday forecast 2019 revenue above Wall Street estimates and expressed confidence in future sales of blockbuster wrinkle treatment Botox, which it will acquire with its $63 billion purchase of Allergan Plc .
Royal Dutch Shell has appointed Huibert Vigeveno to head its downstream business, the refining, trading and marketing operations that are to become a key pillar for the oil and gas company as it transitions to cleaner energy.
World equity markets surged and crude prices rose on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth.
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.
By Greg Roumeliotis, Yingzhi Yang, Echo Wang and Alexandra Alper
A World Trade Organization (WTO) panel said on Friday that China could slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove anti-dumping duties, a figure that was roughly half what China had sought.
Unions representing flight attendants at the three U.S. airlines that operate Boeing Co's 737 MAX said they are more reluctant to support the grounded jet's return after congressional hearings this week on its development.
China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business.
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
Cigna Corp raised its full-year earnings target, after reporting a better-than-expected quarterly profit that was driven by a jump in revenue from its health insurance unit and its Express Scripts pharmacy benefits business.
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.
HBR | Shalini Unnikrishnan and Roy Hanna | Oct 31, 2019 There is much discussion and debate about how to support female entrepreneurs — and rightly so. Currently, women-led businesses are less likely to survive, despite evidence that their startups are often highly successful. New analysis by Boston Consulting Group (BCG) shows that if women
The U.S. House of Representatives is making progress every day toward approving the trade agreement President Donald Trump worked out with Canada and Mexico, Speaker Nancy Pelosi said on Thursday.