Wall Street stays near record high as Mnuchin says trade pact to be signed in January
Wall Street hovered near record highs on Thursday as U.S. Treasury Secretary Steven Mnuchin said Washington and Beijing would sign an initial trade deal in early January, with traders also shrugging off the impeachment of President Donald Trump.
Markets quiet, dollar steady ahead of GDP data
The dollar was roughly flat on Thursday morning awaiting gross domestic product data on Friday, little moved by a report showing that factory activity in the mid-Atlantic region has nearly stalled this month.
Trump called Boeing CEO to inquire about 737 MAX production halt: sources
U.S. President Donald Trump called Boeing Chief Executive Dennis Muilenburg this week to ask about the status of 737 MAX production, two people briefed on the matter confirmed.
Volkswagen attracts bids for MAN Energy Solutions unit: sources
Volkswagen has attracted bids from Europe’s Innio, Japan’s Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people close to the matter said.
Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes: source
Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in the 1MDB Malaysian corruption scandal, according to a source familiar with th…
Adidas and Beyonce to launch gender-neutral collection
Adidas will start selling a new collection designed with singer Beyonce on Jan. 18 in a relaunch of her Ivy Park brand that includes shoes, clothes and accessories, mostly in maroon, orange and cream.
Citi, ValueAct Capital extend information sharing, engagement agreement through 2021
Citi Group and hedge fund ValueAct Capital said on Thursday they would extend an existing information-sharing agreement for another two years through the end of 2021.
Wall Street edges higher after jobless data; markets shrug off impeachment
U.S. stocks opened slightly higher on Thursday as data showed a dip in weekly jobless claims, while investors looked past the impeachment of President Donald Trump, who is unlikely to be removed from office.
U.S. weekly jobless claims fall; mid-Atlantic factory activity almost stalls
The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength.
GM issues two recalls for more than 900,000 new vehicles
General Motors Co said on Thursday it is issuing recalls for more than 900,000 vehicles worldwide in two separate campaigns to address brake software issues and fire risks.
