Wall Street gains on U.S.-China trade optimism
U.S. stocks rose on Friday as investors took heart from positive signs regarding trade talks between the United States and China and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.
Cash, demand concerns overshadow Tesla’s SUV launch
Shares of Tesla Inc fell nearly 5 percent on Friday, as investors wondered if its unveiling of an electric sports utility vehicle would add to pressure on cash flow, while analysts worried the carmaker was not addressing slowing demand for other models…
U.S. manufacturing sector slowing as economy loses momentum
U.S. manufacturing output fell for a second straight month in February and factory activity in New York state was weaker than expected this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter.
Renault pushes back decision over Ghosn’s 2018 pay
French carmaker Renault said on Friday that it had decided to push back a decision regarding the 2018 pay package for ousted boss Carlos Ghosn.
Google faces third EU antitrust fine next week: source
Alphabet unit Google is likely to be hit with a third EU antitrust fine next week related to its AdSense advertising service, a person familiar with the matter said on Friday, with the sanction expected to be much smaller than previous fines.
Ford CEO Jim Hackett earned $17.1 million in 2018 as profit fell
Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said o…
U.S. manufacturing output falls for second straight month
U.S. manufacturing output fell for a second straight month in February, offering further evidence of a sharp slowdown in economic growth early in the first quarter.
Saudi’s Flyadeal to decide on Boeing 737 MAX order after crash investigations
Saudi Arabian airline flyadeal will wait until investigations into two Boeing 737 MAX crashes are completed before deciding whether to proceed with a signed order for 30 of the jets, its chief executive said on Friday.
Ford CEO Jim Hackett earned $17.1 million in 2018
Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said o…
Global stocks gain on trade optimism, set for best week since January
Global stocks rose on Friday after a report that U.S.-China trade talks were making progress and a vote by UK lawmakers to delay Britain’s exit from the European Union.
