By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for…
Oil posts biggest weekly gain since October on China hopes, dollar slump
By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than a dollar a barrel higher on Friday, notching their…
Davos expects record turnout as resumes winter slot
(Reuters) – A record number of business and government leaders will descend on the Swiss resort of Davos next week…
U.S. investors hunt for gains in foreign stocks
By Lewis Krauskopf NEW YORK (Reuters) – Some U.S. investors are looking abroad to capture better stock returns in the…
Carvana terminates more workers amid weak used car sales -WSJ
(Reuters) – Carvana Co is terminating more workers and take other measures such as reduced work hours as the used-car…
Yen jumps on BOJ policy speculation, dollar edges off 7-month low
By John McCrank NEW YORK (Reuters) -The yen surged on Friday, adding to earlier gains on speculation the Bank of…
U.S. to lend ioneer $700 million for Nevada lithium mine
By Ernest Scheyder and David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will lend ioneer Ltd…
Peltz’s Trian Fund says it will not pursue takeover bid for Wendy’s
(Reuters) -Trian Fund Management, run by activist investor Nelson Peltz, said on Friday it will not pursue a takeover of…
Citigroup misses profit estimates on provision hike, dealmaking slowdown
By Mehnaz Yasmin and Carolina Mandl (Reuters) – Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing…
White House says it will not negotiate over the debt ceiling
WASHINGTON (Reuters) – The White House said on Friday it will not negotiate over the debt ceiling and there are…