Category: Money

Oil Rises In Session But Has Weekly Loss On Trade Worries

NEW YORK – Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the U.S. market while trade disputes and slowing global...

Tesla Stock Sinks After Musk Gives Tearful Nyt Interview

– Tesla Inc’s (TSLA.O) shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress...

Wall Street Rises On Trade Talk Optimism

NEW YORK – U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on...

Musks Tunnel-boring Firm Seeks Us Tariff Exemption For Chinese Parts

WASHINGTON – A company owned by Elon Musk that is trying to lower the cost of building high-speed transit tunnels has asked the Trump administration to exempt it...

Venezuelans Rush To Shops Before Monetary Overhaul

CARACAS/MARACAIBO – Jittery Venezuelans on Friday rushed to shops and formed long lines in preparation for a monetary overhaul that will remove five zeros from...

Stocks Jump As Hopes Rise For Progress On China Trade Talks

U.S. stocks are higher Friday as investors hope for more progress in trade talks between the U.S. and China. The Wall Street Journal reported that the countries hope to...

Wall Street Jumps On News Of Trade Progress

NEW YORK – The S&P 500 and the Dow Jones Industrial average extended gains and the Nasdaq turned positive on Friday on reports of progress in talks between...

Brazils Marfrig To Sell Us Unit To Tyson For 25 Billion Sources

SAO PAULO – Brazilian meatpacker Marfrig Global Foods SA (MRFG3.SA) has agreed to sell its U.S. subsidiary, a key McDonald’s supplier, to Tyson Foods Inc...

Sec Says It Continues To Study Frequency Of Company Reporting

WASHINGTON – The Securities and Exchange Commission will continue to study the frequency of public company reporting after President Donald Trump called on the...

Trump Asks Us Sec To Mull Half-year Corporate Filings

– U.S. President Donald Trump said on Friday he has asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports...