Ford Motor Co will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the company said on Friday.
Credit reporting company Equifax Inc is close to a deal to settle data breach probes by paying around $700 million, the Wall Street Journal reported on Friday, citing people familiar with the matter.
White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.
U.S. stock futures inched higher on Friday as strong results for Microsoft's cloud business fed into a bullish mood following signs from New York Fed President John Williams that the U.S. central bank was set to cut interest rates this month.
BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks.
PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a sector that has been hit by drought and tough trading conditions.
BMW has named Oliver Zipse as its new CEO, hoping the "decisive" company lifer will help the automaker regain its edge in electric cars and win back the premium market lead lost to Mercedes-Benz under his consensus-seeking predecessor.
U.S.-based beverage and snack maker PepsiCo is planning to acquire South Africa's Pioneer Food Group for around $1.7 billion, the two companies said on Friday, as it targets expansion in Africa.
Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one, fuelling appetite for risky assets and capping the dollar.
In the depths of the financial crisis, when the world was shunning debt and battening down for the worst, city officials here zagged in what seemed a preposterous direction and spent $600 million on a new convention center.
One of Tesla's Wall Street skeptics now sees it headed to a nearly profitable second-quarter earnings report.
Agricultural chemical maker Syngenta on Friday reported a 34% fall in first-half net income, showing the impact of U.S. trade disputes with China and Mexico as well as bad weather in some of its markets.
Anheuser-Busch InBev , the world's largest brewer, is selling its Australian operations to Japan's Asahi for $11 billion and could revive the stalled flotation of its Asian business as it looks to cut debt.
Credit card issuer American Express Co beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by its customers.
Here are the biggest calls on Wall Street on Friday