China says expects stable foreign investment in 2019
Chinese Vice Commerce Minister Wang Shouwen said on Saturday he expects stable foreign investment into the country this year despite more competition and higher labor costs.
Fed’s Powell says no immediate policy responses needed to economy
The Federal Reserve does not see problems in the U.S. economy that warrant an immediate change in its policy, and it will be careful not to shock financial markets as it stabilizes its bond portfolio, Fed Chair Jerome Powell said on Friday.
OxyContin maker Purdue Pharma loses bid to delay opioid epidemic trial
OxyContin maker Purdue Pharma LP and two other drugmakers on Friday lost a bid to delay a landmark trial set for May in a multibillion-dollar lawsuit by Oklahoma’s attorney general accusing them of helping fuel an opioid abuse and overdose epidemic in …
Austria’s Signa partners with RFR to buy New York’s Chrysler Building: sources
(This story corrects the name of Signa founder in paragraph 7)
Trump team has no plan to go to China for trade talks: official
Trump administration officials have not made any new plans to send a team to China for face-to-face trade talks although there is much work left to be done to reach a deal, White House trade adviser Clete Willems said on Friday.
FAA warns Southwest, union prolonged dispute could pose safety concerns
The Federal Aviation Administration warned Southwest Airlines Co and a union representing its mechanics in a letter on Friday that their prolonged contract dispute could pose safety concerns.
FAA warns of safety risk due to Southwest-mechanics standoff: WSJ
The Federal Aviation Administration (FAA) warned Southwest Airlines Co and its mechanics union that their ongoing labor dispute threatens to damage the airline’s safety practices, the Wall Street Journal reported on Friday.
PG&E submits safety report to California regulator
Power utility company PG&E Corp said on Friday it had submitted a report detailing how the company upgraded the safety of its gas pipelines to the California Public Utilities Commission.
Sam Altman steps down as president of startup program Y Combinator
Sam Altman is stepping down from his post as president of Y Combinator, the startup accelerator said on Friday, a pivotal change for the organization that was influential in the creation of startups such as Airbnb, Dropbox Inc and Cruise.
Iconic Barbie doll celebrates 60 years of evolution
Barbie, the fashion doll famous around the world, celebrates her 60th anniversary on Saturday with new collections honoring real-life role models and careers in which women remain under-represented.
