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…
Exclusive-Exxon prepares to start up $2 billion Texas oil refinery expansion
By Erwin Seba (Reuters) – Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its…
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…
JPMorgan beats profit estimates, sees mild recession
By Niket Nishant and Saeed Azhar (Reuters) -JPMorgan Chase & Co, the biggest lender in the United States, said on…
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…