Oil hovers below two-year highs with focus on U.S. output
NEW YORK (Reuters) – Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S. output and weak gasoline demand kept a lid on gains.
Wall Street jumps to highs on tax-cut hopes
NEW YORK (Reuters) – Wall Street’s three major indexes tallied record closing highs on Friday with broad gains across sectors as a long-awaited tax bill that would cut corporate tax rates looked like it would win enough support from lawmakers to pass.
U.S. Justice Department, AT&T settlement talks failed: court filing
WASHINGTON (Reuters) – The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company’s bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday.
Wall Street at record highs on rising hopes of tax overhaul
NEW YORK (Reuters) – Wall Street’s three major indexes scaled new heights on Friday, with all major sectors pushing higher as a long-awaited tax bill that would cut corporate tax rates looked like it would win support among lawmakers.
CSX shares derail after CEO takes unexpected medical leave
(Reuters) – CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chie…
Exclusive: Aston Martin owners rev up for 2018 exit with Lazard hire
LONDON (Reuters) – Aston Martin’s owners have hired Lazard to prepare for a stock market listing or sale of the British sportscar maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters.
Big U.S. banks engage universities to fill unglamorous banking jobs
(Reuters) – Banks are grappling with how to recruit young people into businesses like trade finance and cash management, which are increasingly important drivers of revenue but perceived to be un-sexy compared with investment banking and trading.
Wall Street rally sets the stage for big IPO year in 2018
(Reuters) – A relentless bull-run in U.S. stock indexes this year has set the stage for a strong IPO market in 2018, with several multi-billion dollar firms including Airbnb and Spotify widely expected to grab headlines with their offerings.
Wall Street at record on rising hopes of tax overhaul
(Reuters) – Wall Street major indexes scaled new heights on Friday, with all the major sectors pushing higher as the long-awaited bill to lower corporate tax rates enters the final stretch.
Ryanair offers to recognize unions in historic shift to try to avert strikes
DUBLIN (Reuters) – Ryanair offered on Friday to recognize pilot unions for the first time in its 32-year history in a last-minute attempt to avert its first-ever pilot strike.
