Wall Street advances on strong jobs report, trade optimism
U.S. stocks jumped on Friday as solid monthly jobs data and upbeat comments from President Donald Trump on trade talks with China spurred riskier bets, putting the benchmark S&P 500 index on track to log its second weekly gain in a row.
Elon Musk defamation trial in homestretch, jury may get case Friday
Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end.
U.S. agencies looking into Goldman-1MDB settlement below $2 billion: Bloomberg
Goldman Sachs Group Inc could end up paying less than $2 billion to resolve criminal and regulatory probes over its role in raising money for scandal-ridden Malaysian investment fund 1MDB, Bloomberg reported on Friday, citing three people familiar wit…
Deutsche Bank staffers cleared but bank fined in money laundering case
Frankfurt prosecutors have dropped an investigation into two Deutsche Bank employees accused of aiding tax evasion through a former Virgin Islands unit, although they have fined the lender for compliance lapses.
U.S. looking into 1MDB settlement with Goldman of less than $2 billion: Bloomberg TV
The United States is discussing a settlement with Goldman Sachs over the 1MDB investment fund scandal for less than $2 billion, Bloomberg TV reported on Friday.
Stocks rally, dollar gains on robust U.S. jobs data
The dollar rose and global equity markets rallied on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest fears of recession and briefly taking the spotlight off the U.S.-China trade talks.
Saudi, Russia push through deeper new oil cuts
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin
U.S. lawmaker says Uber must take action after disclosing sexual assault reports
The chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed on Thursday it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United Sta…
Wall Street jumps after bumper jobs data, upbeat tone on trade
U.S. stocks advanced on Friday as a strong jobs report and upbeat comments from President Donald Trump on trade talks with China breathed new life into markets after a roller-coaster week.
Strong U.S. job growth highlights economy’s resilience
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors’ GM.N payrolls and the healthcare industry boosted hiring, the strongest sign yet the economy was not in danger of stalling.
