S&P 500 closes near record high as earnings season begins in earnest
U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would dampen Wall Street’s big rally back from last year’s slump.
Mattel’s Fisher Price recalls all ‘Rock ‘n Play’ models due to reports of death
U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its “Rock ‘n Play Sleeper” products after reports of more than 30 infant deaths.
China data, JPMorgan results lift stocks, riskier assets
Global stocks rose on Friday after JP Morgan’s results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China’s economy helped riskier assets amid talk that the growth outlook worldwide is better than thought.
Chevron CEO proves dealmaker with $33 billion offer for Anadarko
Chevron Corp’s proposed $33-billion deal for Anadarko Petroleum Corp vaults the company into top ranks of the world’s biggest oil companies and cements its chief executive, Mike Wirth, as a dealmaker.
Oil rises 1 percent on tightening crude supply, upbeat economic data
Oil prices rose 1 percent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns about waning crude demand.
Wall Street gains, as JPMorgan surges after earnings
U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would curb Wall Street’s big rally back from last year’s slump.
FAA meets with U.S. airlines, pilot unions on Boeing 737 MAX
The Federal Aviation Administration met for three hours on Friday with representatives from the three major U.S. airlines that own now grounded Boeing 737 MAX jets and their pilots’ unions to discuss two fatal crashes and the path forward.
China data, JPMorgan results boost stocks, riskier assets
Global stocks rose on Friday after JP Morgan’s results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China’s economy also helped riskier assets amid talk that the growth outlook worldwide is better than thought…
California governor makes new proposals to fight wildfires, PG&E shares rise
California Governor Gavin Newsom released a report on Friday calling for the creation of funds to fight wildfires and proposed that state law should be reformed to reduce liability of utilities, sending PG&E Corp up nearly 12 percent.
S&P 500 climbs to near record high as earnings season shifts to high gear
U.S. stocks climbed back to near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would pour cold water on Wall Street’s big rally back from last year’s slump.
