Wall Street’s five-day rally falters ahead of earnings
U.S. stocks edged about 0.4 percent lower on Friday as investors booked profits after a five-day rally and reset positions ahead of the earning season, which will begin with big Wall Street banks next week.
Square’s head of product joins Visa to head 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…
Autostrade to pay 439 million euros for Genoa bridge recostruction: sources
Autostrade per l’Italia (ASPI) has agreed to pay for the reconstruction of the collapsed Genoa bridge, Italy’s Transport Minister Danilo Toninelli said on Twitter.
GM bucks gloomy earnings forecast trend, shares jump
General Motors Co executives on Friday bucked gloomy forecasts for growth and sent the automaker’s shares soaring, promising investors stronger 2019 earnings and outlining ambitious plans for its Cadillac brand to challenge Tesla Inc in the growing e…
Cheaper gasoline weighs on U.S. consumer prices in December
U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs rose steadily.
Stocks ease after five-day rally; dollar rebounds
An index of world stock markets eased on Friday after a five-day winning streak, as a rally fueled by hopes that Sino-U.S. trade tensions will ease and that the U.S. central bank will be patient on monetary policy took a breather.
Ford plans to cut 1,150 jobs in Britain, Unite union says
U.S. carmaker Ford plans to cut 1,150 jobs in Britain, the Unite union said on Friday, with nearly 1,000 job losses at its Bridgend engine plant in Wales.
Wall Street rally pauses as investors await corporate earnings reports
A five-day rally in U.S. stocks ran out of steam on Friday as investors booked profits and reset their positions ahead of the earning season set to begin next week.
Nissan expands Ghosn probe to more countries, executive Munoz under scrutiny: sources
Nissan Motor Co Ltd has broadened its investigation into ousted chairman Carlos Ghosn to include dealings that took place in the United States, India and Latin America, three people with knowledge of the inquiry said.
Autostrade executives guilty of manslaughter in 2013 motorway accident, CEO acquitted
Three managers at Autostrade per l’Italia, and three former managers, were found guilty of manslaughter on Friday over the deaths of 40 people in a 2013 accident on one of the company’s motorways, while CEO Giovanni Castellucci was acquitted.
