Wall Street rises with healthcare rally after Trump’s speech
(Reuters) – The S&P 500 rose on Friday, helped by healthcare stocks after President Donald Trump blasted high drug prices but avoided taking aggressive measures to cut them.
Ford to reopen two F-150 truck plants next Friday
(Reuters) – Ford Motor Co will resume production of F-150 pickups on Friday, May 18 at its Dearborn and Kansas City plants, according to a source familiar with the automaker’s plans.
Negotiators fail to reach NAFTA deal, Trump launches new attack
WASHINGTON (Reuters) – Senior American, Canadian and Mexican officials on Friday ended a week of talks without a deal to modernize NAFTA, agreeing instead to resume negotiations soon, ahead of a deadline next week issued by U.S House of Representatives…
Icahn adds more nominees to SandRidge slate after board expansion
(Reuters) – Activist investor Carl Icahn on Friday added two more nominees to his slate for the board of SandRidge Energy Inc after the company expanded its board, suggesting that the hedge fund manager planned to press ahead with the proxy fight.
Sober in Sin City: Hedge funds focus on work at Las Vegas event
LAS VEGAS (Reuters) – A hedge fund industry gathering in Las Vegas this week was far less decadent than those of the past, as big money investors focused less on gambling and champagne-soaked “Sin City” celebrations and more on the grind of vetting fun…
Healthcare stocks lead S&P higher after Trump speech
NEW YORK (Reuters) – The S&P 500 inched higher on Friday, helped along by healthcare stocks after U.S. President Donald Trump gave a speech blasting high drug prices but avoided taking aggressive measures to cut them.
Negotiators fail to reach NAFTA deal, say talks to resume
WASHINGTON (Reuters) – Senior American, Canadian and Mexican officials on Friday ended a week of talks without a deal to modernize NAFTA, agreeing instead to resume negotiations soon, ahead of a deadline next week issued by a key U.S. congressional lea…
U.S., UAE sign pact to resolve airline competition claims: sources
WASHINGTON (Reuters) – The United States and United Arab Emirates signed a deal on Friday to resolve U.S. claims that Gulf carriers have received unfair government subsidies, sources briefed on the matter said.
Mexico will not be rushed into poor NAFTA deal: minister
WASHINGTON (Reuters) – Mexico will not be rushed into revamping the North American Free Trade Agreement (NAFTA) to get a deal, Economy Minister Ildefonso Guajardo said on Friday, while his Canadian counterpart spoke of a long “to-do list” in the negoti…
Wall Street mixed as investors eye healthcare
(Reuters) – Wall Street moved sideways on Friday as technology stocks dipped after a six-day rally and healthcare shares rose on expectations that U.S. President Donald Trump’s speech on drug prices would largely spare the industry.
