The Federal Communications Commission on Friday said it was directing nine broadcast station groups to return to the negotiating table over whether to allow local stations to air on AT&T Inc's DirectTV after some consumers have been without access for five months.
Wall Street halted a record run on Friday as U.S. President Donald Trump contradicted reports that the United States and China would roll back existing tariffs.
An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say helped the Tuscan lender conceal massive losses.
Siemens Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his own deputy praised Tesla's CEO Elon Musk.
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders he released Friday.
The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co to pay more than $14 million to settle charges it provided "misinformation" when conducting a large foreign exchange trade with a counterparty, the agency said in a statement on Friday.
Private companies seeking to launch on stock markets have abandoned a series of initial public offerings (IPO) this year after a string of high-profile startups — most notably WeWork — failed to draw the expected interest from investors.
WeWork officials, including co-founder and former Chief Executive Adam Neumann, are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its initial public offering and saw its value plunge more than 87%.
President Donald Trump on Friday said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world's two largest economies may end a 16-month trade war that has slowed global growth.
The S&P 500 and Dow Jones indexes stalled on Friday after a record run, as U.S. President Donald Trump contradicted reports that the United States and China would roll back existing tariffs.
Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app "Bumble" and "Badoo", valuing the company at about $3 billion, the private equity firm said in a statement on Friday.
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders released on Friday.
The S&P 500 and Dow Jones indexes stalled on Friday after a record run, as U.S. President Donald Trump contradicted reports that the United States and China would roll back existing tariffs.
Arkansas has decided to back the U.S> Justice Department's decision to approve a merger of T-Mobile US and Sprint, the third and fourth largest U.S. wireless carriers.
AQR Capital founder Cliff Asness says it's time to "sin" a little — and by that he means increase allocation toward value stocks.