Trump, Apple CEO Tim Cook set to tour computer plant in Texas Wednesday: sources
U.S. President Donald Trump and Apple CEO Tim Cook are set to visit facilities in Texas on Wednesday where Apple’s high-end computers are assembled, sources briefed on the matter confirmed Friday.
Exclusive: U.S. regulator rethinking changes to whistleblower program after backlash – sources
The U.S. securities regulator is rethinking a proposal that could weaken a landmark whistleblower program after a pushback from whistleblower lawyers and advocates, people with knowledge of the deliberations told Reuters.
U.S.-China trade hopes revive stocks, crude rises
Crude prices and global equities markets rose on Friday, with the major U.S. indexes setting record highs, on renewed hopes that the United States and China will reach a deal to de-escalate a 16-month trade war that has crimped global growth.
Oklahoma judge reduces Johnson & Johnson payout in opioid case to $465 million
An Oklahoma judge on Friday said Johnson & Johnson needs to pay only $465 million of the $572 million he previously concluded it owed the state for fueling the opioid epidemic through deceptive marketing of painkillers.
Renault’s Delbos vies for CEO post as hunt narrows
Renault’s interim chief executive Clotilde Delbos has applied to take the job on a permanent basis, two sources familiar with the matter said, as the French carmaker edges toward a shortlist likely to also feature several external candidates.
Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas
At a time when companies in a U.S. natural gas field have been losing money and exiting Louisiana’s Haynesville shale basin, Dallas Cowboys’ owner Jerry Jones’ Comstock Resources is picking up cheap assets, betting on the field’s proximity to the grow…
Trade deal hopes propel Wall Street to fresh record highs
Wall Street’s main stock indexes hit record highs on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by a strong forecast from semiconductor industry bellwether Applied Materials.
U.S. retail sales rise modestly; factory output tumbles
U.S. retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season.
U.S. Supreme Court to hear Google bid to end Oracle copyright suit
The U.S. Supreme Court on Friday agreed to hear Google’s bid to escape Oracle Corp’s multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world’s smartphones.
Fed says U.S. financial system resilient; flags low rates, ‘stablecoin’ as risks
The U.S. Federal Reserve on Friday flagged high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging “stablecoin” cryptocurrency proposals as potential risks to the financial system.
