Companies including Amazon, Nike, Warby Parker and Marriott express disappointment after Tennessee Gov. Lee's announcement he will sign an anti-LGBTQ adoption bill into law.
Wall Street may be getting a bit too excited about the stock market's hot start to the new year.
Key world equity indexes scaled new highs on Friday as a surge in U.S. housing starts to levels last seen in 2006 powered stocks while the greenback rose to a one-week high against the euro on expectations of solid economic growth.
Wall Street edged up to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.
Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.
U.S. consumer electronics retailer Best Buy Co said on Friday its board was conducting an independent review on allegations of misconduct against Chief Executive Officer Corie Barry after receiving an anonymous letter.
Wall Street may be getting a bit too excited about the stock market's hot start to the new year.
Extraditing Huawei Chief Financial Officer Meng Wanzhou to the United States based on American sanctions against Iran would set a dangerous precedent and could even undermine Canada's policy towards Iran, Meng's lawyers argued in court documents released on Friday.
Morgan Stanley said on Friday that its board lowered Chief Executive Officer James Gorman's total compensation for 2019 to $27 million, from $29 million in 2018, according to regulatory filings.
Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs.
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U.S. electric car maker Tesla plans to open a design and research center in China to make "Chinese-style" vehicles, the company said in a recruitment notice on its official WeChat account.
China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world's two largest economies, defusing an 18-month row that has hit global growth.
The long-awaited U.S.-China trade deal touted new wins for U.S. companies looking to access China's $40 trillion financial sector, but many of the changes were already in the works with Beijing stepping up the pace of opening up in the past year.
The world's biggest investment banks will be able to wholly own their China securities businesses from April 1 as the U.S.- China Phase 1 trade deal accelerates a previous deadline for removing foreign ownership caps by nine months.