U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and…
Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources
(Reuters) – WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation…
Wall St. week ahead: Another recent inversion could provide support for stocks
NEW YORK (Reuters) – A decline in interest rates on long-term U.S. government bonds below the average stock dividend yield has received less attention than an inverted Treasury yield curve,…
Inside drugmakers’ strategy to boost cancer medicines with ‘Lazarus effect’
(Reuters) – In the halls of MD Anderson Cancer Center, the drug Vitrakvi is known for having a “Lazarus effect” in some patients because it can reverse late-stage cancer that…
Asia shares rise on trade talks hope, firm U.S. data; safe havens sold
TOKYO (Reuters) – Asian stocks gained on Friday, joining a global trend as investors took heart from firm U.S. economic data plans hopes a meeting between U.S. and Chinese negotiators…
China, U.S. to collect additional tariffs on each other’s goods
BEIJING (Reuters) – China and the United States will begin imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a bruising trade war despite signs talks…
Philip Green prepares to break up his Arcadia Group: Sunday Times
Sir Philip Green attends the TopShop Spring/Summer 2018 show at London Fashion Week in London, Britain September 17, 2017. REUTERS/Mary Turner LONDON (Reuters) – Philip Green is preparing to break…
FTC probes marketing practices of e-cigarette maker Juul: source
WASHINGTON (Reuters) – The Federal Trade Commission is investigating the marketing practices of e-cigarette maker Juul Labs Inc sending shares of tobacco stocks down, a person briefed on the matter…
Congolese girl, 9, dies of Ebola in Uganda- hospital official
KAMPALA (Reuters) – A nine-year-old girl has died of Ebola in the East African nation of Uganda, a hospital official said, a day after she tested positive for the disease…
Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin’s chances
OTTAWA (Reuters) – Airbus SE (AIR.PA) on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival…