The heavyweight technology and growth stocks that drove Wall Street higher in recent years are again fueling a surge that has taken the Nasdaq from a brutal selloff to an intraday record high in just 11 weeks, as investors look beyond the economic upheaval caused by the coronavirus.
WASHINGTON: President Donald Trump announced on Friday he will open up a 5,000 square mile conservation area in the Atlantic Ocean off the coast of New England to commercial fishing. The move allows commercial fishing to resume in the Northeast Canyons and Seamounts Marine National Monument, a ...
BANGOR, Maine: US President Donald Trump on Friday (Jun 5) threatened to impose tariffs on European Union cars if the bloc does not drop its tariff on American lobsters, naming White House trade adviser Peter Navarro the "lobster king" in charge of talks. Trump, speaking at an event with ......
The U.S. state attorneys general investigating Alphabet Inc's Google for potential antitrust violations are leaning towards pushing for a breakup of its ad technology business as part of an expected suit, CNBC reported on Friday, citing sources.
Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc out of bankruptcy should the U.S. department store chain's negotiations with its creditors fail, three people familiar with the matter said on Friday.
U.S. President Donald Trump on Friday said Warren Buffett, often regarded as the world's greatest investor, made a mistake by recently exiting a multi-billion dollar investment in the airline industry.
Reliance Industries late on Friday said U.S. private equity fund Silver Lake and its co-investors will put in an additional 45.46 billion rupees (US$601.40 million) in the company's digital unit Jio Platforms.
India's Reliance Industries late on Friday said U.S. private equity fund Silver Lake and its co-investors will invest an additional 45.46 billion rupees (US$601.40 million) in the company's digital unit Jio Platforms.
The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face a longer recovery as the economy slowly rebounds from the coronavirus shutdowns.
Reddit co-founder Alexis Ohanian said on Friday he has resigned from the board and sought to be replaced with a black candidate at the social network company.
