Wall St. looks to Fed outlook Wednesday for early Christmas gift
Investors are eager for a touch of Christmas cheer from the U.S. Federal Reserve next week, hoping for signs the central bank may ease up on interest rate hikes next year and spark a Santa Claus rally.
U.S. sets new March 2 date for China tariff increases amid talks
The U.S. Trade Representative’s office on Friday officially changed the scheduled date of a tariff rate increase on $200 billion worth of Chinese goods to 12:01 a.m. EST (0501 GMT) on March 2, 2019 as the United States and China pursue talks on trade a…
Anti-harassment groups share $20 million CBS handout after Moonves exit
CBS Corp on Friday named the Time’s Up anti-sexual harassment group and 17 other organizations that will share a $20 million donation stemming from the exit of its chief executive Les Moonves following allegations of sexual misconduct.
Wall St. tumbles on global growth worries, J&J decline
Wall Street’s three major indexes tumbled on Friday and the Dow confirmed a correction as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson shares were the biggest drag after Reuters reported the company knew for decades that its Baby Powder contained asbestos.
Intel, TPG in early talks to sell McAfee to Thoma Bravo: source
Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday.
Small-cap S&P 600 index confirms bear market
As U.S. stocks have been rocked by trade tensions and monetary policy worries, shares of small-cap companies, by one measure, have now confirmed that they are in their first bear market in three years.
Wall St. tumbles on global economic worries; J&J drags S&P, Dow
Wall Street’s three major indexes slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson was a major drag on the S&P 500 and Dow after Reuters reported the company had known knew for decades that asbestos lurked in its Baby Powder.
Intel, TPG in talks to sell McAfee to Thoma Bravo for over $4.2 billion: CNBC
Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp for more than $4.2 billion, CNBC reported on Friday, citing people familiar with the matter.
PG&E seeks 6.4 percent rate hike in 2020
(This Dec. 13 story corrects the rate-hike percentage to 6.4 from 12 in the headline and the first paragraph)
Exclusive: T-Mobile, Sprint see U.S. security approval for deal after Huawei concessions – sources
T-Mobile US Inc and Sprint Corp expect their merger to be approved by a U.S. national security panel as early as next week, after their respective parent companies said they would consider curbing their use of equipment from China’s Huawei Technologies…
