Reuters Business News:
Dollar, U.S. yields slide on Fed official rate talk
11/16/2018 7:13 PM
The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties. Read More
S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
11/16/2018 6:19 PM
The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp dragged down the Nasdaq. ...Read More
S&P 500 buybacks set another quarterly record: S&P Dow Jones
11/16/2018 6:19 PM
S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break above $200 billion in buybacks for the quarter, according to an S&P Dow Jones Indices analysis. ...Read More
Burke to replace Dungey as ABC Entertainment chief
11/16/2018 5:36 PM
Karey Burke will replace Channing Dungey as president of Walt Disney"s ABC Entertainment, the company said on Friday. ...Read More
Trump says U.S. may not impose more tariffs on China
11/16/2018 5:31 PM
U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list. Read More
Regulator "stunned and terrified" after causing PG&E stock surge
11/16/2018 5:16 PM
The chief of California"s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled power utility"s stock to surge over 40 percent in a matter of minutes. Read More
PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire
11/16/2018 4:52 PM
PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month"s deadly wildfire in northern California. Read More
Bombardier CEO meets investors as stock dives 20 percent
11/16/2018 4:20 PM
Bombardier Inc"s top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and train maker"s shares down 20 percent, sources familiar with the matter said. Read More
Gubitosi seen as favorite to become Telecom Italia CEO: sources
11/16/2018 3:57 PM
Veteran Italian manager Luigi Gubitosi is seen ahead in the race to become the new chief executive of Italy"s biggest telecoms group Telecom Italia (TIM) , two sources familiar with the matter said. ...Read More
Oil edges up in volatile session but falls for sixth straight week
11/16/2018 3:56 PM
Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices fell for the sixth straight week amid global oversupply concerns. Read More

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