Wall Street rally stamps exclamation point on volatile week
(Reuters) – Wall Street surged 2 percent on Friday to wrap up its first positive week of 2016 as a cold snap in the United States and Europe sent oil prices sharply higher.
Verizon eyes brands, content for go90 sponsored video
NEW YORK (Reuters) – Verizon Communications Inc is in talks with advertisers and content makers to offer sponsored video, such as sports games and music concerts, to users of its mobile-video service go90 at some time in the future, CFO Fran Shammo tol…
Exclusive: AIG to pursue spin-off of mortgage insurance unit
(Reuters) – American International Group Inc has decided to pursue a spin-off of its mortgage insurance business, according to people familiar with the matter, in a move that would come as the U.S. insurer fends off activist investor Carl Icahn. 
Morgan Stanley CEO’s pay falls 7 percent in 2015 to $21 million: spokesman
(Reuters) – Morgan Stanley Chief Executive James Gorman’s overall pay fell 7 percent in 2015 as the Wall Street bank saw its shares drop and profitability fail to meet targets.
Oil’s whiplash above $30: dead cat bounce or double-bottom base?
NEW YORK (Reuters) – The oil market’s roller-coaster ride this year is not over yet, technical analysts warned on Friday, with new lows likely to come after traders catch their breath.
Exclusive: U.S. FTC probes Turing over drug prices, Shkreli’s lawyer says
NEW YORK (Reuters) – The U.S. Federal Trade Commission is investigating Turing Pharmaceuticals for possible antitrust violations in connection with the company’s decision to hike the price of a life-saving drug by more than 5,000 percent, a lawyer for …
VW probe finds manipulation was open secret in department: newspaper
FRANKFURT (Reuters) – Volkswagen’s development of software to cheat diesel-emissions tests was an open secret in the company department striving to make its engines meet environmental standards, Germany’s Sueddeutsche Zeitung newspaper said on Friday, …
Goldman awards CEO Blankfein $23 million in pay for 2015
(Reuters) – Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein received $23 million in salary and bonuses for 2015, according to a person familiar with the matter.
AmEx shares slump after forecast raises doubts about growth
(Reuters) – American Express Co’s shares are on track for their worst day in more than six years as the company’s disappointing earnings forecast for the full year raised doubts about the viability of its business model.
GE doubles down on restructuring to combat slow growth
(Reuters) – General Electric Co said on Friday that it would double its 2016 budget for restructuring spending to fight the effects of low oil prices and slow global growth that pummeled its earnings last year.
