JD.com CEO will not face assault charges: Minnesota officials
Minnesota law enforcement authorities on Friday said they will not charge the chief executive officer of China’s JD.com Inc, Richard Liu, in connection with an alleged sexual assault earlier this year.
Boeing heads for expected 2018 plane order victory over Airbus
Boeing Co looked poised to beat European arch-rival Airbus for aircraft orders in 2018 by a wide margin after clinching billions of dollars in new business from Nigeria’s Green Africa Airways and Saudi Arabia’s flyadeal.
Citi regional executives get new responsibilities in 2019
Citigroup Inc has divided up the roles of outgoing North America Chief Executive Bill Mills, according to an internal memo seen by Reuters.
Williams soothes markets, says Fed listening and could change policy
The Federal Reserve is listening to the concerns of markets and open to changing its policy views next year, one its most influential members said on Friday, even while he stood by plans for interest-rate hikes and further paring of the Fed’s bond port…
Biotech swoon adds to Nasdaq’s pain as bear market looms ever closer
As the Nasdaq Composite continues to stumble its way toward a bear market, biotech shares are worsening the collapse of the tech-heavy index.
Wall St. hits fresh year-lows on threat of government shutdown, slowing growth
Wall Street fell in volatile trading on Friday, after a few failed attempts at a rally, led by a drop in technology and other high-growth sectors, while defensive stocks rose amid concerns of slowing growth and a looming government shutdown.
As FAANG stocks falter, fund managers make bets on survivors
A bear market in the so-called FAANG stocks – Wall Street’s most popular trade going into the year – is pushing fund managers into searching for the next big growth companies that can lead the overall market higher.
S&P hits 16-month low as Wall St. slides
Wall Street fell in volatile trading on Friday, after a few failed attempts at a rally, led by a drop in technology and other high-growth sectors, while defensive stocks rose amid concerns of slowing growth and a looming government shutdown.
Global stock indexes slide as U.S. government shutdown looms
World stock markets continued a week-long sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor anxiety that global economic growth is slowing.
Soothing Williams says Fed listening to markets, could change policy
The Federal Reserve is listening to concerns expressed by markets and open to reassessing its policy views next year, one of the most influential Fed officials said on Friday, even while he stood by plans for a couple more interest-rate hikes and furth…
