Alphabet Inc's newly-instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant.
United States Steel Corp plans to lay off as many as 1,545 workers at its Great Lakes Works facility in the electoral swing state of Michigan following its decision to indefinitely idle a "significant" portion of the facility.
Oil fell on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.
U.S. economic growth nudged up in the third quarter and the economy appears to have maintained the moderate pace of expansion as the year ended, supported by a strong labor market.
For all the angst about trade wars, geopolitics and a sputtering and overly indebted global economy, 2019 might just be the best year investors have ever had.
The S&P 500 hit a record high for the seventh straight session on Friday, its longest in over two years, as investor sentiment improved on progress in U.S.-China trade relations and strength in domestic consumer spending.
Shares of Tesla Inc hit a fresh record high for the third straight session on Friday, and were just $7 shy from the $420 per share price at which founder Elon Musk sought to take the electric carmaker private more than a year ago.
The U.S. Securities and Exchange Commission (SEC) is probing the listings of some companies over several years focusing on the first day of trading, the Wall Street Journal reported on Friday, citing sources.
A group of five U.S. senators sent a letter on Thursday to JPMorgan Chase & Co. , asking it to explain what it was doing to address what they described as "a troubling list of discriminatory practices" related to race.
Amazon.com Inc plans to raise the fees it charges merchants for warehousing and shipping their goods in the United States by an average 3% next year, the company said Friday, as it faces higher costs from infrastructure and programs such as one-day delivery.
The S&P 500 hit a record high for a seventh straight session on Friday, as continued optimism on resolving the U.S.-China trade war and strength in domestic consumer spending lifted sentiment.
U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the U.S.-China trade dispute.
The National Highway Traffic Safety Administration's (NHTSA) acting chief said on Friday the agency is in talks with General Motors Co on its January 2018 petition to deploy a limited number of self-driving vehicles on U.S. roads without steering wheels or other human controls.
Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.
Testimony ended on Friday in a lawsuit by a group of states led by New York and California seeking to block the merger of Sprint Corp and T-Mobile US Inc , moving the trial a step closer to having a U.S. judge rule on whether the deal violates federal antitrust laws.