Amazon jitters offset upbeat jobs data on Wall Street
Wall Street ended mixed on Friday, as optimism from a surge in January U.S. job growth was offset by a weaker-than-expected outlook from Amazon.com Inc that battered retail stocks.
Shell open to carmaker partners in EV charging expansion
Shell is open to partnerships with carmakers to expand electric vehicle (EV) charging beyond its petrol stations, one of the oil major’s executives said on Friday.
U.S. cracks down on foreigners dealing in Venezuela oil
U.S. sanctions will sharply limit oil transactions between Venezuela and other countries and are similar to but slightly less extensive than those imposed on Iran last year, experts said on Friday after looking at details posted by the Treasury Departm…
Co-founder of Canadian coffee chain Tim Horton’s dies
Ron Joyce, Canadian businessman and co-founder of coffee and donut chain Tim Horton’s has died at the age of 88, according to a statement from the Joyce Family Foundation.
S&P sees slight gains after jobs data; Amazon knocks Nasdaq lower
The S&P rose marginally on Friday, as early optimism from a surge in January job growth was offset by Amazon.com Inc’s gloomy outlook that battered other retail stocks.
U.S. job gains largest in 11 months; unemployment rate rises
U.S. job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite an uncertain outlook that has left the Federal Reserve wary about more interest rate hikes this year.
Stocks rally on U.S. economic data, bond yields rise
Global equity markets and bond yields rose on Friday after U.S. employment and manufacturing data underscored a strong economy with little wage inflation, a Goldilocks mix that could allow the Federal Reserve to stand pat on raising interest rates soon…
Wall Street edges higher after strong jobs data; Amazon drags
U.S. stocks edged higher on Friday after solid gains in January, as stronger-than-expected jobs data eased concerns about a slowdown, although disappointing outlook from e-commerce giant Amazon capped gains.
Toyota U.S. auto sales fall 6.6 percent in January
Toyota Motor Corp on Friday reported a 6.6 percent fall in U.S. vehicle sales for January, hurt by lower demand for its Camry and Prius cars.
U.S. appeals court hears challenge to FCC net neutrality repeal
A federal appeals court was hearing arguments on Friday over whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017.
