The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President Donald Trump helped ease recent tensions over the prolonged U.S.-Sino trade war.
The leaders of the United States and China on Friday both underscored their desire to sign an initial trade deal and defuse a 16-month tariff war that has lowered global growth, providing a welcome boost to financial markets.
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The S&P 500 and Dow Jones indexes eked out gains on Friday following upbeat trade deal comments from Washington and Beijing, while the Nasdaq was weighed down by a slump in shares of Tesla after the launch of its electric pickup truck.
A group advocating ethical investing will ask backers of tech analytics company Palantir Technologies to push for changes to its business practices, a rare case of coordinated shareholder action against a privately held company.
Boeing Co's head of corporate communications, Ann Toulouse, elected to step down from her role and would retire next year, the world's largest planemaker said on Friday.
President Donald Trump said on Friday a potential U.S.-China trade deal was coming along well, but he had yet to decide whether he wanted to finalize it.
More overseas companies investigated by U.S. authorities for national security concerns have abandoned investments in the United States since U.S. President Donald Trump took office, a report showed on Friday.
Wall Street rose on Friday as upbeat domestic economic data and positive comments from Washington and Beijing calmed investor worries about a delay in a potential trade deal, which had pushed U.S. stocks off record highs earlier in the week.
British Airways and its pilots' union BALPA have reached an agreement to end a pay dispute that resulted in the first walkout by pilots in the airline's history, a source familiar with the matter said on Friday.
Chevron Corp Chief Executive Michael Wirth is preparing sweeping changes at the No. 2 U.S. oil and gas company that would cut costs and streamline operations in a drive to boost profitability, according to people familiar with the matter.
Airbnb's business excluding the United States and China turned a net profit of $46.47 million in 2018 compared with a loss of $97.22 million the previous year, according to an earnings statement the company filed in Dublin, Ireland, and made public on Friday.
Boeing Co's head of corporate communications, Ann Toulouse, elected to step down from her role and would retire next year, the world's largest planemaker said on Friday.
A Milan judge gave Italian broadcaster Mediaset and its shareholder Vivendi another week to settle a dispute over plans for a Dutch-based holding to drive Mediaset's European growth, potentially opening the way to ending a three-year legal battle.
Monsanto pleaded guilty to spraying a banned pesticide on the Hawaiian island of Maui, and agreed to pay $10.2 million in criminal fines and other payments for the spraying and for illegally storing hazardous waste, U.S. prosecutors said.