Wall Street Weekahead: Record-breaking rally leaving energy stocks behind
NEW YORK (Reuters) – The stock market surge since the start of the year that has sent the benchmark S&P 500 index up to new record highs is leaving behind…
China’s Xi touts more than $64 billion in Belt and Road deals
BEIJING (Reuters) – President Xi Jinping on Saturday hailed deals worth more than $64 billion signed during China’s Belt and Road Initiative (BRI) this week as he sought to reassure…
SAS grounds more flights as pilot strike continues
STOCKHOLM/OSLO (Reuters) – Scandinavian airline SAS canceled hundreds of flights scheduled for Sunday as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of…
FDA approves expanded label for Regeneron/Sanofi’s cholesterol drug
(Reuters) – The U.S. Food and Drug Administration on Friday approved Regeneron Pharmaceuticals Inc’s cholesterol drug Praluent as a treatment to cut the risk of heart attacks, stroke and other…
Facebook beats profit estimates, sets aside $3 billion for privacy penalty
(Reuters) – Facebook Inc on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer,…
Trump says he is holding big Pharma accountable in opioid fight
ATLANTA (Reuters) – U.S. President Donald Trump touted progress in the fight against opioid abuse on Wednesday and promised to hold drugmakers accountable for their part in the crisis, a…
Trump complained to Twitter CEO about lost followers: source
WASHINGTON (Reuters) – U.S. President Donald Trump met with Twitter Inc Chief Executive Jack Dorsey on Tuesday and spent a significant time questioning him about why he had lost some…
S&P 500, Nasdaq hit record closing highs on upbeat earnings
NEW YORK (Reuters) – The S&P 500 index and the Nasdaq registered record closing highs after a broadbased rally on Tuesday, as a clutch of better-than-expected earnings reports eased concerns…
Wall Street dips ahead of earnings deluge
(Reuters) – U.S. stocks pulled back slightly on Monday as investors awaited a barrage of major earnings reports this week, the busiest this earnings season, while a jump in energy…
Venezuela congress to weigh 2020 PDVSA bond payment next week
CARACAS (Reuters) – Venezuela’s opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it meets next week, a lawmaker and a member of state-run…