Wall Street ekes out small gain to cap strongest week of year
(Reuters) – U.S. stocks closed slightly higher on Friday, ending the S&P 500’s best week for 2015 on a quiet note as investors waited for U.S. companies to report third-quarter earnings.
UAW leaders send Fiat Chrysler pact to workers for vote
DETROIT (Reuters) – U.S. union United Auto Workers’ leaders on Friday approved a tentative four-year contract with Fiat Chrysler Automobiles NV , sending the proposed agreement to 40,000 workers for a ratification vote.
California gives Volkswagen November 20 deadline for technical fix in diesel scandal
SAN FRANCISCO (Reuters) – California has given carmaker Volkswagen until November 20 to come up with a plan to fix the diesel cars affected by its rigging of emissions tests, a spokesman for the California Air Resources Board (CARB) said on Friday.
Banks take spotlight as earnings season heats up
NEW YORK (Reuters) – The financial sector, recently a weak performer in the stock market, will garner the majority of investor attention next week as a number of big banks post their quarterly results.
Oil little changed after choppy trade, WTI ends at 11-week high
NEW YORK (Reuters) – Oil prices remained little changed in choppy trade on Friday as traders flip-flopped between the negative fundamentals of persistent oversupply and support cushions from a sixth weekly decline in U.S. oil rig counts.
Dow Jones discloses data breach
(Reuters) – Dow Jones & Co disclosed on Friday a breach of its systems that put payment card and contact information of about 3,500 individuals at risk.
SABMiller declares new savings goal in defense against AB InBev
LONDON (Reuters) – Brewer SABMiller Plc announced an expanded cost-cutting plan on Friday, stepping up its defense against an unsolicited $100 billion takeover offer from bigger rival Anheuser-Busch InBev .
United ready for rival’s overseas flights from Houston: executive
(Reuters) – United Airlines will be competitive in Houston even as budget rival Southwest Airlines launches its first international flights from the Texas city next week, the company’s chief revenue officer said Friday in an interview.
Wal-Mart changes CFO, gets new chief merchant in latest shuffle
(Reuters) – Wal-Mart Stores Inc on Friday named a new chief financial officer and installed a chief merchant, marking the latest shuffling of its management ranks as the retailer grapples with sluggish earnings.
StanChart chief plans to cut about 1,000 top staff: memo
SINGAPORE/LONDON (Reuters) – Standard Chartered’s new Chief Executive Bill Winters plans to cut about 1,000 of the bank’s most senior staff to reduce costs, according to a memo sent to staff, as he battles to revive the bank following a sharp drop in p…
