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8 months ago

Bombardier CEO meets investors as stock dives 21 percent

Bombardier Inc's top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and train maker's shares down 23 percent in afternoon trading, two sources familiar with the matter said.

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8 months ago

Wall Street advances on trade optimism; Nvidia, Facebook lag

The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods.

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8 months ago

Dollar falls as Fed officials ring note of caution, pound bounces

The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal.

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8 months ago

Trump says U.S. may not impose more tariffs on China

U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list.

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8 months ago

Delta adds 10 A330neo in boost to Airbus' slow-selling jet

U.S. carrier Delta Air Lines said on Friday it ordered 10 Airbus A330neo long-haul jets, reinforcing its position as the first U.S. airline to operate the upgraded jet and lending its influential support to a slow-selling model.

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8 months ago

Google Cloud names Thomas Kurian to replace CEO Diane Greene

Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc's Google in the coming weeks, Greene announced in a blog post on Friday, after a tumultuous year for the business.

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8 months ago

S&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq

The S&P 500 swung between gains and losses on Friday following conflicting reports on a U.S. trade deal with China, while weakness in chipmaker Nvidia weighed on the Nasdaq.

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8 months ago

PG&E shares, debt rebound as regulator soothes bankruptcy fear

Shares of embattled utility PG&E Corp surged 37 percent on Friday as fears it could be bankrupted by potential liability from California's deadliest-ever wildfire were assuaged by signs of support from a regulator.

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8 months ago

Oil edges up in volatile session but headed for weekly loss

Oil traded up slightly in a volatile session on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices were set to for a weekly drop on underlying oversupply worries.

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8 months ago

Dollar, U.S. yields slide on Fed official's rate comments

The U.S. dollar weakened and Treasury yields pulled back on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while uncertainty over Britain's exit from the European Union clouded currency and other markets.

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