Dow surpasses 29,000 as investors look past weak jobs data
The Dow Jones Industrial Average on Friday crossed the 29,000 mark for the first time, as gains in technology and healthcare stocks offset concerns from a report showing slower-than-expected U.S. jobs growth in December.
Boeing supplier Spirit to lay off more than 20% of workforce in Kansas: memo
Boeing Co’s biggest supplier, Spirit AeroSystems Holdings Inc , plans to lay off more than 20% of the workforce at its Wichita-Kansas base as it grapples with halted production and uncertainty over when 737 MAX jets will return to service, according t…
Sainsbury’s Roberts is leading internal contender to be next CEO: sources
Sainsbury’s retail and operations director Simon Roberts has emerged as the internal favorite to succeed Mike Coupe as chief executive if the supermarket group opts to promote from within, two people with knowledge of the matter said.
White House adviser says U.S.-China trade deal on track for January 15
The Phase 1 U.S.-China trade deal is on track to be signed Jan. 15, White House economic adviser Larry Kudlow told Fox Business Network on Friday.
U.S. job growth cools in December, but labor market tight
U.S. job growth slowed more than expected in December, but the pace of hiring likely remains sufficient to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes.
Takeaway seals victory in $7.7 billion Just Eat battle
Online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with a 5.9 billion pound ($7.7 billion) share offer that will create one of the world’s largest meal delivery companies.
Games must connect with gamers to keep Olympics relevant: Bach
The International Olympic Committee has to connect with hundreds of millions of gamers worldwide if the Olympic body is to remain relevant with the younger generation, IOC President Thomas Bach said on Friday.
Wall Street hits record opening high on tech boost
Wall Street’s main indexes opened at record levels on Friday, powered by technology stocks, but data showing slower-than-expected domestic job growth in December kept further gains in check.
U.S. December payrolls up less than expected
U.S. job growth slowed more than expected in December, but the pace of hiring remains more than enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes.
Oil slips towards $65 as Middle East tensions ease
Oil slipped further towards $65 a barrel on Friday as tensions in the Middle East over Iran eased for now and investors focused on rising U.S. inventories and other signs of ample supply.
