Renault-Nissan payments to political advisers draw scrutiny
Renault-Nissan is examining fees paid to consultants and political advisers including a serving European lawmaker, following Chairman Carlos Ghosn’s arrest and ouster from the helm of the carmaking alliance, two sources told Reuters.
Exxon Mobil profit tops estimates as production rebounds
Exxon Mobil Corp on Friday reported a quarterly profit that topped analysts’ estimates, pushing its shares up as oil and natural gas output rose slightly on a year-over-year basis.
Exclusive: Papa John’s seeks investment after it abandons outright sale – sources
Papa John’s International Inc, the world’s third largest pizza delivery company, is pursuing the sale of a stake in itself after acquisition offers from private equity firms did not meet its valuation expectations, people familiar with the matter said …
Possible Fed pick Cain says deflation more worrying than inflation: Fox Business
Former pizza chain executive Herman Cain, who is under consideration for a seat on the Federal Reserve Board, said on Friday the central bank should be more concerned about deflation than inflation.
S&P near 8-week high after upbeat jobs data; Amazon results weigh
The S&P 500 held near an eight-week high on Friday as stronger-than-expected U.S. job growth in January allayed concerns about a slowdown, although disappointing outlook from e-commerce giant Amazon capped gains.
Fiat Chrysler U.S. auto sales rise 2 percent in January
Fiat Chrysler Automobiles NV on Friday reported a 2 percent rise in U.S. auto sales for January on higher demand for its Ram pickup trucks and said it expects strong sales in 2019.
Exxon Mobil’s profit tops estimates as production rebounds
Exxon Mobil Corp on Friday reported a quarterly profit that topped analysts’ estimates, pushing it shares up nearly 3 percent in premarket trading as its oil and natural gas output rose slightly on a year-over-year basis.
Chevron’s profit rises on higher oil prices and output
U.S. oil and natural gas producer Chevron Corp on Friday reported quarterly earnings that topped analysts’ estimates on higher prices and production, sending shares higher in morning trading.
U.S. sets deadline for foreigners dealing in Venezuela oil
Non-U.S. entities buying oil or petroleum products from Venezuela’s state-owned PDVSA in deals that involve the U.S. financial system, brokers or people must be wound down by April 28, the U.S. Treasury Department said in a notice posted early on Frida…
U.S. job growth jumps; unemployment rate rises to 4.0 percent
U.S. job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite a darkening outlook that has left the Federal Reserve wary about more interest rate hikes this year.
