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Former UAW official charged in Fiat Chrysler payoff probe

(Reuters) - A former senior official at the United Auto Workers trade union was charged on Friday with conspiring with other union officials to accept improper payments from Fiat Chrysler Automobiles NV officials over a four-year period......»»

Category: topSource: REUTERS34 min. ago Related News

U.S. prosecutors recommend three years in prison for VW engineer Liang

DETROIT (Reuters) - Federal prosecutors on Friday recommended a three-year prison sentence for Volkswagen AG engineer James Liang for his role in a diesel emissions scandal that has cost the German automaker as much as $25 billion......»»

Category: topSource: REUTERS34 min. ago Related News

Wall Street ends down after more White House turmoil

NEW YORK (Reuters) - U.S. stocks lost ground late to end lower on Friday following a White House-focused week that raised more questions about the Trump administration's ability to implement its pro-growth agenda......»»

Category: topSource: REUTERS34 min. ago Related News

Stock rally could be on last legs

Investors are questioning whether stocks are in the first stages of a correction they've dodged for years. Chris Dignam reports......»»

Category: videoSource: REUTERS1 hr. 19 min. ago Related News

Wall Street ends down

Stocks pared earlier losses Friday after another shake-up in the White House. As Fred Katayama reports, shares of sport apparel makers and sports retailers got slammed......»»

Category: videoSource: REUTERS1 hr. 19 min. ago Related News

Exclusive: Citigroup tops bank group for Petrobras unit IPO - source

SAO PAULO (Reuters) - Citigroup Inc and seven other banks will underwrite the initial public offering of Petróleo Brasileiro SA's fuel distribution unit, which will likely occur in November, a person with direct knowledge of the plan said......»»

Category: topSource: REUTERS2 hr. 49 min. ago Related News

S&P 500 ends down after latest White House turmoil

NEW YORK (Reuters) - U.S. stocks ended down slightly after another volatile session on Friday following the latest White House shakeup and increased focus on the outlook for the Trump administration's agenda and post-election rally......»»

Category: topSource: REUTERS2 hr. 49 min. ago Related News

Platinum founder"s lawyers ordered not to contact U.S. government witnesses

NEW YORK (Reuters) - A U.S. ju.....»»

Category: topSource: REUTERS3 hr. 19 min. ago Related News

N.Y. Fed raises U.S. third-quarter GDP growth view above two percent

NEW YORK (Reuters) - The New York Federal Reserve on Friday raised its estimate of U.S. gross domestic product growth for the third quarter above 2 percent based on this week's data on retail sales, industrial output and regional manufacturing......»»

Category: topSource: REUTERS3 hr. 19 min. ago Related News

Exclusive: Citigroup tops eight-bank group for Petrobras unit IPO - source

SAO PAULO (Reuters) - Citigroup Inc and seven other banks will underwrite the initial public offering of Petróleo Brasileiro SA's fuel distribution unit, which will likely occur in November, a person with direct knowledge of the plan said on Thursday......»»

Category: topSource: REUTERS3 hr. 19 min. ago Related News

Elliott Management lawyer says utility may top Buffett"s Oncor bid

(Reuters) - A lawyer for Elliott Management told a U.S. bankruptcy judge on Friday that an unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor, topping a $9 billion bid by Warren Buffett's Berkshire Hathaway Inc......»»

Category: topSource: REUTERS3 hr. 19 min. ago Related News

Summer rumblings could herald a stormy fall for U.S. stocks

NEW YORK (Reuters) - The Trump-fed rally in stocks, lately showing signs of falter.....»»

Category: topSource: REUTERS3 hr. 19 min. ago Related News

Wall Street ends down after White House shakeup

NEW YORK (Reuters) - U.S. stocks closed lower after another volatile session on Friday as the latest White House shake-up kept investors jittery about the outlook for the Trump agenda......»»

Category: topSource: REUTERS3 hr. 19 min. ago Related News

Time for long-term investors to consider Wal-Mart, says Chad Morganlander

Washington Crossing's portfolio managers tells Fred Katayama Wal-Mart shares will outperform the S&P 500, and he likes its rising dividend......»»

Category: videoSource: REUTERS3 hr. 34 min. ago Related News

Foot Locker drags down sports retailers

The athletic wear retailer's dismal quarterly sales caused its stock to plunge and took down those of other sports retailers and sporting goods makers. Fred Katayama reports......»»

Category: videoSource: REUTERS3 hr. 34 min. ago Related News

Wells Fargo troubles shift from phony bank accounts to real ones

(Reuters.....»»

Category: topSource: REUTERS5 hr. 34 min. ago Related News

Stability concerns focus at Fed ahead of Yellen speech

WASHINGTON (Reuters) - The stock market's steady rise, still low long-term bo.....»»

Category: topSource: REUTERS5 hr. 34 min. ago Related News

Breakingviews TV: Ackman’s ADP bomb

Investors panned the Pershing Square boss’s argument for shaking up the payroll outsourcer. Rob Cyran and Tom Buerkle discuss how a lack of clear, deliverable targets undermined his case......»»

Category: videoSource: REUTERS6 hr. 19 min. ago Related News

Facebook"s Mark Zuckerberg to take two months of paternity leave

(Reuters) - Facebook Inc founder Mark Zuckerberg said on Friday he would be taking two months of paternity leave after the birth of his second daughter......»»

Category: topSource: REUTERS6 hr. 49 min. ago Related News

U.S. dollar stores stand their ground in escalating retail price war

U.S. dollar stores have not become collateral damage, as feared, in a price war among big retailers including Wal-Mart Stores Inc and Kroger Co , which has pushed down prices of key items such as eggs and laundry detergent......»»

Category: topSource: REUTERS6 hr. 49 min. ago Related News