Bank of America sees big year for Microsoft ahead
Bank of America projects a big year for Microsoft's stock, saying its cloud business is poised to grow even larger.
Bank of America projects a big year for Microsoft's stock, saying its cloud business is poised to grow even larger.
The Nasdaq breached the 9,000-point mark for the first time and the S&P 500 hit a fresh record high on Thursday, boosted by optimism over U.S.-China trade relations and gains in Amazon.com after a report signaled robust online holiday sales.
The Nasdaq topped the 9,000-point mark for the first time on Thursday and the S&P 500 hit a record high, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled robust online holiday sales.
Oil prices rose about 1% to the highest in more than three months on Thursday, buoyed by hopes of an end to the China-U.S. trade fight and by a report showing lower U.S. crude inventories.
Peru´s labor watchdog has found McDonalds Corp´s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen.
A gauge of global equity markets and Wall Street's three major indices finished at all-time highs on Thursday in light holiday trade as a year-end rally advanced further on optimism over a U.S.-China trade agreement.
The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled robust online holiday sales.
Boeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker's board amid the 737 MAX crisis in May, will retire at the end of the year.
Oil prices were up about 1% to the highest in more than three months on Thursday, boosted by hopes that the China-U.S. trade fight would soon come to an end and by a report showing lower U.S. crude inventories.
Tesla Inc entered into agreements with lenders in China for a secured term loan facility of up to 9 billion yuan ($1.29 billion), according to a regulatory filing on Thursday.
Boeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker's board amid the 737 MAX crisis in May, will retire at the end of the year.
Peru´s labor watchdog has found McDonald's Corp´s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen.
Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing.
Asian shares jumped to an 18-month high on Friday while gold and oil prices stayed buoyant in a holiday-shortened week, as investor optimism was boosted by hopes a U.S.-China trade deal would soon be signed.
Profits at China's industrial firms in November grew 5.4% from a year earlier to 593.9 billion yuan ($84.93 billion), the National Bureau of Statistics said on Friday.