Wall Street opens higher after strong jobs data
U.S. stocks opened higher on Friday as a surge in job growth in April pointed to a solid domestic economy, while a steady wage growth backed the Federal Reserve’s patient view on interest rate hikes.
Instant View: U.S. April job growth surges, unemployment at 3.6%
U.S. job growth surged in April and the unemployment rate dropped to a more than 49-year low of 3.6 percent, pointing to solid economic growth.
U.S. job growth surges; unemployment rate drops to 3.6 percent
U.S. job growth surged in April and the unemployment rate dropped to the lowest in nearly half a century, pointing to sustained strength in economic activity even as last year’s massive stimulus from Republican tax cuts and spending increases fades.
Brazil’s Natura to invest in emerging brands through venture capital funds: chairman
Brazil cosmetics company Natura intends to invest in emerging brands in beauty and wellness segments in Europe and the United States through venture capital funds, executives said on Friday.
FCA sees U.S. pickup trucks lifting profit in rest of 2019
Fiat Chrysler Automobiles NV (FCA) said on Friday that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter.
Tesla to get up to $2.7 billion from upsized offering, Musk to buy more stock
Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company’s cash-depleted balance sheet.
SoftBank planning IPO of $100 billion Vision Fund: WSJ
Japan’s SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Brazil’s Embraer delivers fewer commercial planes in first quarter
Brazil planemaker Embraer SA said on Friday that it delivered 11 commercial planes in the first quarter of 2019, three fewer than in the same period last year, as it works to cede control of that profitable division to Boeing Co .
Tesla raises size of share sale, Musk to buy more
Tesla Inc on Friday raised the size of its planned share offering to 3.1 million shares, priced at $243 apiece, and said Chief Executive Officer Elon Musk would now buy stock worth up to $25 million, more than double his initial commitment.
Brazil’s Embraer delivers fewer planes in first quarter, value of future deliveries rises
Brazil planemaker Embraer SA said on Friday it had delivered 22 planes in the first quarter of 2019, three aircraft fewer than in the same period in 2018.
