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UAW will turn to Ford after GM workers approve deal: sources

The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters.



4 years ago

UAW to bargain next with Ford on new contract deal: sources

The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters.



4 years ago

Exxon Mobil seeks buyer for Montana refinery: sources

Exxon Mobil Corp is seeking a potential buyer for its roughly 60,000 barrel per day Billings, Montana refinery, according to three sources familiar with Exxon’s plans.



4 years ago

General Motors strike to dent U.S. October job growth

A strike by General Motors workers should weigh on U.S. job growth in October, government data showed on Friday.



4 years ago

Global stocks climb on trade talk, earnings news; sterling slips

Global stock indexes were higher on Friday after upbeat news on the trade front and strong results from companies including Intel , while the British pound extended losses from the previous day amid fresh uncertainty around Britain's exit from the European Union.



4 years ago

U.S. denies China's claim of 'weaponizing' visa decisions for Washington space meeting

The United States on Friday rejected Chinese accusations that political motives were behind a top Beijing space official not receiving a visa in time to attend the start of an international conference in Washington this week.



4 years ago

Wall Street Week Ahead: Bond fund managers see risk Fed cuts rates to zero

Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from short-term Treasury bills to half-paid off 15-year home mortgages.



4 years ago

Exclusive: Wells Fargo lays off more than 200 business bankers in U.S. - sources

Wells Fargo & Co has laid off more than 200 bankers in its U.S. lending divisions in recent months, as the bank reacted to business trends and restructured some units, sources familiar with the matter said this week.



4 years ago

UAW turns to Ford after GM workers approve new contract

The United Auto Workers union said on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with after workers at General Motors Co approved a new contract deal.



4 years ago

Global stocks, dollar, yields climb on trade progress news

Global stock indexes, the dollar and bond yields rose on Friday, with the S&P 500 nearing a record high as the United States said it was close to finalizing parts of a trade deal with China.



4 years ago

Two charities to pay $6 million to resolve U.S. pharma kickback probe

Two charities will pay $6 million to resolve claims they operated as pass-throughs for seven pharmaceutical companies to pay kickbacks to Medicare patients using their high-priced medications, the U.S. Justice Department said on Friday.



4 years ago

Timeline: UAW members ratify new labor deal with GM to end strike

The United Auto Workers union said on Friday its members ratified a new four-year labor contract with General Motors Co , ending the strike with the No. 1 U.S. automaker after 40 days.



4 years ago

U.S., China 'close to finalizing' part of a Phase One trade deal: USTR

U.S. and Chinese officials are "close to finalizing" some parts of a trade agreement after high-level telephone discussions on Friday, the U.S. Trade Representative's office said, adding that deputy-level talks would proceed "continuously."



4 years ago

Boeing completes year of turmoil with promise to Indonesia on 737 MAX crash

Boeing Co on Friday promised to act on safety recommendations for its 737 MAX aircraft made in a new report by Indonesian investigators on the deadly Lion Air crash a year ago.



4 years ago

Microsoft wins Pentagon's $10 billion cloud computing contract

Microsoft Corp. has won the Pentagon's $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc .



4 years ago