Congressional Democrats are very close to reaching final agreement on healthcare reform legislation and could have a deal in days, House of Representatives Democratic Leader Steny Hoyer said on Friday.
U.S. stock index futures pointed to a lower open on Friday as disappointing results from JPMorgan Chase & Co pressured banking stocks.
U.S. retail videogame and console saw its best sales month ever in December 2009, according to NDP Group retail data.
U.S. hedge fund firm Citadel Investment Group, which is run by Kenneth Griffin, hired Jake Walthour as head of U.S. distribution for its asset management subsidiary, a company spokesman said on Friday.
U.S. stock index futures fell on Friday after disappointing results from JPMorgan Chase & Co pressured banking stocks.
JPMorgan Chase & Co reported better-than-expected fourth-quarter profit on Friday, but losses on mortgages and commercial loans continued to rise and its shares fell nearly 2 percent in premarket trading.
Starwood Hotels & Resorts Worldwide Inc has claimed that at least five members of rival Hilton Hotels executive committee knew of the alleged theft of trade secrets last year, court papers filed on Thursday showed.
U.S. stock index futures fell on Friday after disappointing results from JPMorgan Chase & Co pressured banking stocks.
U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures down 0.22 percent and Nasdaq 100 futures down 0.17 percent at 4.40 a.m. EST.
Persistent worries over the world economy, fueled by tepid U.S. data and a relatively lackluster start to the earnings season, kept a lid on equity gains on Friday, boosting safe-haven trades like the dollar and yen.
China sought on Friday to play down a threat by Google Inc to quit the country on hacking and censorship concerns, saying any decision by the Internet search giant would not affect U.S. trade ties.
Kenneth Griffin's hedge fund firm Citadel Investment Group is in advanced talks to hire Jake Walthour, co-founder of Aksia LLC, the Wall Street Journal said, citing people familiar with the matter.
Shiseido Co Ltd , Japan's largest cosmetics company, has agreed to buy U.S.-based Bare Escentuals for $1.7 billion, as it looks to speed up its expansion and break into a new part of the North American market.
Technology shares jumped in Asia on Friday after better-than-expected earnings from sector bellwether Intel, but stocks elsewhere in the region were largely subdued amid fresh doubts about the strength of the U.S. economic recovery.
Gold edged higher in Asian trade Friday as the dollar dropped against major currencies. Gold for immediate delivery was seen trading at $1,144.40 per ounce at 11.30 a.m Singapore time while U.S. gold futures for February delivery were at $1,144.60 per ounce.
Most Asian stocks gave up early gains on Friday as weak U.S. retail sales and a rise in jobless claims made investors wary about the strength of its economic recovery, offsetting better-than-expected earnings from technology bellwether Intel.
The United States has backed Google's decision to no longer support China's censoring of Internet searches and said the issue was of considerable economic importance as well as involving free information flow.
Total pay at U.S. banks and securities companies jumped nearly 18 percent to a record $145 billion in 2009, the Wall Street Journal estimated in an analysis published in its online edition on Thursday.
Sales of video game equipment and software in the United States rose 4 percent in December to a record $5.5 billion, research group NPD said on Thursday, as the industry closed out a difficult year on an upbeat note.
The U.S. unemployment rate, currently at 10 percent, is unlikely to drop below 8 percent before 2012 unless Congress takes further steps to boost the economy in the short term, the non-partisan Congressional Budget Office said on Thursday.
Microsoft Corp has no plans to pull out of China, its chief executive said on Thursday, playing down concerns about recent cyber-attacks and censorship raised by rival Google Inc.
No sooner does Washington propose a new tax than an army of experts tries to figure out ways to avoid it.