Trump says ‘big progress’ on possible China trade deal
U.S. President Donald Trump said on Twitter that he had a “long and very good call” with Chinese President Xi Jinping and that a possible trade deal between the United States and China was progressing well.
Sears Chair Lampert makes $4.4 billion bid to keep retailer alive
Sears Holdings Corp Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation and laying off tens of thousands of workers, a spokesman for the billionaire’s hedge f…
Defensive stocks top 2019 playbooks
Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of year-ahead investment recommendations each December, are emerging as top picks as stocks limp into 2019.
Sears Chair Lampert makes bid to keep retailer alive: sources
Sears Holdings Corp Chairman Eddie Lampert has submitted a roughly $4.6 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation and laying off tens of thousands of workers, people familiar with the matt…
Sears Chair Lampert makes $4.6 billion bid to keep retailer alive: sources
Sears Holdings Corp Chairman Eddie Lampert has submitted a roughly $4.6 billion takeover bid for the bankrupt retailer, representing its only chance of escaping liquidation and laying off tens of thousands of workers, people familiar with the matter sa…
Is China buying U.S. soy? Washington shutdown keeps traders guessing
Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues as to whether China is following through with promises to buy grain and soy amid the ongoi…
Tesla names close Musk friend Larry Ellison to board
Tesla Inc on Friday named Oracle Corp co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon Musk, to its board to provide the independent oversight demanded by U.S. regulators after Musk tweeted about taking t…
Dick’s Sporting Goods to end U.S. Olympic sponsorship
Sporting goods retailer Dick’s Sporting Goods Inc said on Friday it will not renew its United States Olympic Committee (USOC) sponsorship beyond 2018.
Equities markets limp to finish line after volatile week
Global investors gravitated toward safe-haven assets on Friday as worries about the world economy persisted, cutting short a two-day rebound in Wall Street stocks.
Wall Street rally pauses, but stocks mint weekly gain
The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains for the first time in December following a wild few days of trading that saw equities rebound from a prolonged slide.
