Mexico will seek deal with Canada if NAFTA talks fail: Lopez Obrador
Mexico’s incoming government will pursue a bilateral deal with Canada if talks to overhaul the North American Free Trade Agreement falter, Mexican president-elect Andres Manuel Lopez Obrador said on Friday.
Dow hits new closing high ahead of index reshuffle
Industrials led the Dow to a new closing high on Friday ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries.
United Airlines pilots resist contract changes over regional routes
United Airlines pilots said they refuse to budge on the wording of their contract governing the outsourcing of regional flights.
Lehman Brothers workers share memories 10 years after the fall
Ex-employees of Lehman Brothers Holdings Inc met at Irish pubs near their former office in Midtown Manhattan on Thursday night to reminisce 10 years after the bank’s collapse, in gatherings with the atmosphere of high school reunions despite marking th…
Volume spikes on sector reshuffle, quadruple witching
An overhaul of Wall Street’s technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow.
As new iPhones go on sale, studies reveal chips from Intel and Toshiba
Apple Inc’s latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp and Toshiba among others, according to two firms that cracked open the iPhone Xs and Xs Max models.
Industrials propel Dow to another new high
Industrials led the Dow to a new closing high on Friday ahead of Monday’s major sector reshuffle, capping a week in which investors largely shrugged off trade worries.
General Electric says blade problem affects more gas turbines
General Electric Co said on Friday that turbine blade oxidation which forced Exelon Corp to idle four electric power units in Texas also affects another model, widening the impact of the latest problem to hit GE’s ailing power unit.
Nasdaq says Nordic trader whose deals went sour agrees to sell personal assets
Nasdaq’s Nordic commodities exchange has reached agreement on the sale of assets belonging to a private trader who defaulted on his commitments last week, it said on Friday.
Blackstone looks to manage $1 trillion by 2026
Blackstone Group LP , the world’s largest manager of alternative investments such as private equity and real estate, said on Friday it could be overseeing $1 trillion in assets by 2026.
