Incoming Campbell Soup CEO Clouse to be paid up to $7.4 million in 2019
Campbell Soup Co said on Friday that incoming Chief Executive Mark Clouse, a food industry veteran, could be paid as much as $7.4 million in compensation for fiscal 2019.
Nasdaq in bear market, first of the three major U.S. indexes
The Nasdaq Composite Index confirmed on Friday it is in a bear market for the first time since 2008, underscoring fears that the longest bull run in history for U.S. stocks could soon be over.
China’s HNA in talks to sell Ingram Micro to Apollo Global: source
HNA Group Co [HNAIRC.UL] is in talks to sell Ingram Micro Inc to private equity firm Apollo Global Management Llc , a source familiar with the matter said on Friday, as the Chinese conglomerate continues to scale back operations.
Nasdaq confirms bear market; economic worries sink Wall Street
Wall Street stocks fell sharply in volatile trading on Friday, with the Nasdaq confirming it is in a bear market, as concerns of slowing economic growth led investors to flee stocks in high-valuation sectors such as technology and communication service…
Factbox: Past Nasdaq bear markets lasted long and cut deep
On Friday, the Nasdaq Composite closed almost 22 percent below its record high daily close on Aug. 29, signaling a nearly nine-and-a-half year bull market run for the index ended in late summer.
Nasdaq confirms bear market; Wall St. slides on economic concerns
Wall Street stocks fell sharply in volatile trading on Friday, with the Nasdaq confirming it is in a bear market, as concerns of slowing economic growth led investors to flee stocks in high-valuation sectors such as technology and communication service…
Automakers boost Takata air bag recall completion rates
Automakers in the United States repaired more than 7.2 million defective Takata air bag inflators in 2018, as companies have ramped up efforts to track down parts in need of replacement, a report from an independent monitor released on Friday said.
Goldman Sachs CEO to employees: our compliance is strong
Goldman Sachs Group Inc Chief Executive David Solomon on Friday defended the bank against criticism of its compliance and oversight related to dealings with the sovereign wealth fund 1MDB, according to a message sent to employees obtained by Reuters.
JD.com CEO will not face assault charges in Minnesota
Minnesota prosecutors will not charge the billionaire chief executive officer of China’s JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday.
Dollar rallies from post-Fed losses as U.S. shutdown likely
The dollar gained on Friday as investors sought the currency’s safety amid persistent equity market volatility and a possible U.S. government shutdown.
