Micron launches new storage drives to challenge Intel in data centers
(The October 24 story corrects to reflect that Micron’s new devices are solid-state drives rather than hard drives with spinning disks.)
S&P 500 rises above record closing high on U.S.-China trade progress
The S&P 500 on Friday rose above its record closing high after Washington said it was close to finalizing parts of a trade pact with Beijing.
Exclusive: Qatar pushes for Deutsche Bank chairman to go – sources
Qatari investors in Deutsche Bank want the lender’s chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said.
Richemont teams up with designer Alber Elbaz for fashion venture
Richemont said on Friday that it was teaming up with former Lanvin designer Alber Elbaz for a new venture at a time when luxury goods groups are vying to make star hires.
Exclusive: Qatar pushes for Deutsche Bank chairman to go – sources
Qatari investors in Deutsche Bank want the lender’s chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said.
Oil prices steady, heads for strong weekly gain
Oil prices were steady on Friday but were on track for the strongest weekly gains in more than a month as support from falling U.S. crude inventories, optimism over a U.S.-China trade deal and possible action from OPEC and its allies to extend output c…
U.S., China ‘close to finalizing’ parts of Phase 1 trade pact: USTR
U.S. and Chinese trade officials are “close to finalizing” some parts of an agreement after high-level telephone discussions on Friday, the U.S. Trade Representative’s office said, adding that deputy-level talks would proceed “continuously.”
Big U.S. retailers pull 22-ounce J&J baby powder off shelves after recall
Four major U.S. retailers, including Walmart and Target Corp, are removing all 22-ounce bottles of Johnson & Johnson’s baby powder from their stores, following the healthcare conglomerate’s recall last week of some bottles due to possible asbestos contamination.
General Motors strike to cut U.S. October job growth
A strike by General Motors will likely slash at least 46,000 jobs from October’s nonfarm payrolls, a Labor Department report showed on Friday.
S&P 500 rises above record closing high on U.S.-China trade report
The S&P 500 on Friday rose above its record closing high after a report that the United States and China were close to finalizing parts of a trade pact.