Reuters News moves into events business with FCBI deal
Thomson Reuters Corp said on Friday it had acquired events company FC Business Intelligence (FCBI) to tap into the fast growing sector and help further promote its Reuters News brand.
Oil rises on fall in U.S. unemployment rate
Oil prices rose on Friday, although remained on track for a second consecutive weekly loss, as an increase in U.S. jobs eased financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions.
Kudlow says Trump team ‘open-minded’ about U.S.-China talks next week
White House economic adviser Larry Kudlow said on Friday that the U.S. team was “open-minded” about the outcome of U.S.-China trade talks next week, which will include deputy-level meetings on Monday and Tuesday, with minister-level meetings Thursday a…
U.S. unemployment rate falls to 3.5%; job growth steady
The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing.
Fed should keep cutting rates despite jobs number: U.S. trade adviser Navarro
White House Trade Adviser Peter Navarro said in a television interview on Friday the low U.S. unemployment rate and steady job growth should not deter the Federal Reserve from lowering interest rates.
Samsung heir Lee won’t seek board term extension: report
Samsung Group heir Jay Y. Lee will not seek an extension to his term as director of the board of Samsung Electronics, the Korea Economic Daily newspaper reported on Friday.
U.S. Supreme Court to hear Appalachian Trail pipeline fight
The U.S. Supreme Court on Friday agreed to hear an appeal by Dominion Energy Inc and President Donald Trump’s administration of a lower court ruling that halted construction on a natural gas pipeline due to run underneath a section of the popular Appa…
Wall St. opens higher on modest job growth in September
U.S. stocks opened higher on Friday after data showed a moderate increase in job growth in September, with the unemployment rate dropping to a 50-year low, easing worries of a sharp slowdown in the world’s largest economy.
U.S. Chamber of Commerce, other business groups oppose Trump on ‘Dreamers’
The U.S. Chamber of Commerce, other business groups and companies including Amazon.com Inc and Alphabet Inc’s Google have filed a brief at the U.S. Supreme Court opposing President Donald Trump’s effort to end a program that protects from deportation h…
Instant View: U.S. September payrolls lower than expected, jobless rate drops
U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions.
