U.S. job growth likely picked up in September, with wages increasing solidly, which could assuage financial market concerns that the slowing economy was teetering on the brink of a recession amid lingering trade tensions.
Darsana reportedly wrote down the value of its investment in Juul by more than a third to a price that values it at $24 billion.
U.S. regulators said on Friday they were reviewing whether Tesla Inc should have recalled 2,000 of its electric cars in May instead of issuing a software upgrade to fix a potential defect that could have resulted in battery fires.
Investors are preparing for more cautious capital investment outlooks from U.S. companies as worries mount heading into earnings season about the possibility of an economic recession.
Federal Reserve policymakers on Friday signaled they are on high alert for signs that uncertainty over trade policy and slowing global growth are beginning to hold back the broader U.S. economy, but so far they have flagged little in the data that is pointing one way or the other.
Global regulators are looking at "startle factors" that can overwhelm pilots as they consider revised protocols for the Boeing 737 MAX, Nicholas Robinson, the head of civil aviation for Transport Canada, told Reuters on Friday.
The United Auto Workers union said on Friday it had made progress on some key issues as it works to try to reach a contract with General Motors Co to resolve a nearly three-week-old strike that has idled 48,000 workers.
U.S. regulators said on Friday they were reviewing claims that Tesla Inc should have recalled 2,000 of its electric cars in May instead of issuing a software upgrade to fix a potential defect that could have resulted in battery fires.
PG&E Corp said in court papers on Friday it has debt financing commitments of $34.35 billion for a planned Chapter 11 bankruptcy reorganization, countering a group of noteholders that has proposed its own reorganization plan for the California power producer.
DeFiprime | Nick Sawinyh | Sep 19, 2019 When it comes to “being your own bank,” having the ability to evaluate the security of the tools at your disposal becomes a necessity. A software audit is a process where an individual or team examines the code that lies behind a piece of software with the
OxyContin maker Purdue Pharma LP steered up to $13 billion in profits to the company's controlling Sackler family, according to U.S. states opposing efforts to halt lawsuits alleging the company and its owners helped fuel the U.S. opioid epidemic.
U.S. stocks rose on Friday as moderate jobs growth in September offered some relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the United States was sliding into a recession.
White House economic adviser Larry Kudlow held out hope on Friday for progress in opening China's financial services markets to American companies in trade talks next week, adding the U.S. team was heading into them "open-minded."
U.S. lawmakers have requested information from Apple critic Spotify as part of an antitrust probe, according to two sources briefed on the investigation into allegations the iPhone maker engages in anti-competitive behavior to support its own apps.
Oil prices rose on Friday as an increase in U.S. jobs eased some financial market concerns that a slowing global economy could dent oil demand, but crude remained down more than 5% for the week, on track for a second consecutive weekly decline.