Wall Street’s five-day rally flickers out as earnings near
Wall Street dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks.
Factbox: Corporate investments in EV startups
Corporations across a variety of industries – auto, energy, electronics, aerospace, telecom – have invested in startup companies engaged in various aspects of automotive electrification, including batteries, charging devices and complete vehicles.
Corporate investors pile into electric vehicle startups
(This Jan. 11 story corrects second to last paragraph to reflect that Tencent, and not Geely, is an investor in WM Motor)
New Petrobras CEO pushes to oust board members: sources
The new chief executive of Brazil’s Petroleo Brasileiro SA is pushing for the ouster of two of the state-controlled oil company’s board members, three people with knowledge of the matter said on Friday.
Apple considered Samsung, MediaTek to supply 5G modems for 2019 iPhones
Apple Inc held talks with Samsung Electronics Co Ltd and MediaTek Inc along with existing vendor Intel Corp to supply 5G modem chips for 2019 iPhones, according to an Apple executive’s testimony at a trial between Qualcomm Inc and the U.S. Federal…
Exclusive: Trafigura refuses to hand over emails in Brazil bribery case
Commodities trader Trafigura [TRAFGF.UL] has refused a judge’s order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petroleo Brasileiro.
U.S. government shutdown may depress January job growth
A partial shutdown of the U.S. government could slash job growth by as much as 500,000 in January and lift the unemployment rate above 4.0 percent unless the impasse in Washington is resolved before next Friday, economists warned.
Battered U.S. bank stocks may get a boost this year
After a miserable 2018, big U.S. bank stocks could be in for a lift if upcoming earnings releases show strong fourth-quarter loan growth helps to offset weak trading revenue.
Wall Street’s five-day rally stumbles ahead of earnings
Falling energy shares late on Friday jeopardized continuation of Wall Street’s five-session rally as investors looked ahead to earnings season, which will kick off with Citigroup, JPMorgan and other big banks next week.
Square’s payments chief joins Visa as head of seller solutions
Visa Inc on Friday said https://usa.visa.com/visa-everywhere/blog.entry.html/2019/01/11/mary_kay_bowman_join-lrU0.html Mary Kay Bowman will join as head of the business that is tasked to attract more customers to use the world’s largest payments netwo…
