Wall Street slips from record highs after U.S. kills top Iranian commander
Wall Street’s major indexes fell from record highs on Friday after a U.S. air strike in Iraq killed a top Iranian commander, sharply escalating geopolitical tensions in the Middle East and sending investors scurrying to safe-haven assets.
Exxon expects gain from Norway asset sale to boost results
Exxon Mobil Corp expects a gain of as much as $3.6 billion from the sale of its Norwegian oil and gas production assets to significantly lift results for the fourth quarter, according to a regulatory filing on Friday.
December U.S. factory activity the weakest in a decade: ISM
The U.S. manufacturing sector contracted in December by the most in more than a decade with order volumes crashing to near an 11-year low and factory employment falling for a fifth straight month, according to an industry report released on Friday.
Take Five: Crude awakening
Geopolitics is back in the driving seat. The U.S. killing of a top Iranian commander has doused the nascent New Year rally and delivered a $3 boost for oil prices on fears that any violent retaliation from Tehran would disrupt energy supplies.
Fiat Chrysler U.S. auto sales fall 2% in fourth quarter
Fiat Chrysler Automobiles NV reported a 2% fall in U.S. auto sales in the fourth quarter, hurt by lower sales of its Jeep sport utility vehicles and Dodge crossover SUVs and minivans.
Wall Street tumbles as U.S. air strike heightens Middle East tensions
U.S. stocks fell about 1% at the open on Friday as investors moved away from riskier assets after a U.S. air strike in Iraq killed a top Iranian commander, sharply escalating geopolitical tensions in the Middle East.
Exxon expects gain of $3.4 billion-$3.6 billion from Norway asset sale to boost results
Exxon Mobil Corp expects a gain of $3.4 billion to $3.6 billion from the sale of its Norwegian oil and gas production assets to significantly lift results for the fourth quarter, according to a regulatory filing on Friday.
Tesla meets low end of 2019 goal for vehicle deliveries
Tesla Inc beat Wall Street estimates for vehicle deliveries in its fourth quarter on Friday and met the low-end of its full-year delivery goal, boosted by demand for its mass-produced Model 3 sedans.
Police body camera maker Axon sues U.S. Federal Trade Commission amid antitrust probe
Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have potential antitrust litigation heard in a federal district court and not in an internal FTC process, which it alleges is biased toward regulators.
Via discreet airport lounge, Ghosn masterminded mystery escape from Japan
Despite being one of the world’s most-recognizable executives, former Nissan chairman Carlos Ghosn probably embarked onto a private jet from a quiet lounge in Japan’s third-largest airport on his astonishing escape from a fraud trial.