JPMorgan Chase & Co has hired senior banking technology executive Gavin Leo-Rhynie as head of engineering and architecture for the corporate and investment bank (CIB), according to a memo seen by Reuters.
U.S. Treasury Secretary Steven Mnuchin said on Friday that he expects to begin negotiations with China on a so-called Phase 2 trade deal soon, with Washington and Beijing on the same page.
The dollar rose to a near eight-week high against the euro on Friday as lukewarm European PMI data added to the broader market conviction that European central bank policymakers will maintain a loose monetary policy for the near future.
Some 8 million student loan borrowers are on income-driven repayment plans. The programs can lead to a knot of paperwork and pitfalls that can ding borrowers with extra costs or exclude them entirely.
Global equity markets rebounded on Friday, with the U.S. Nasdaq Composite Index hitting a record high, as investors took in positive economic data from Europe and worried less about the potential economic toll of the coronavirus outbreak in China.
Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in China may spread, curbing travel and oil demand, outweighed the impact of cuts to supply.
Wuhan in central China is the size of London. But these days, flights to and from the city are canceled, highways are shut and soldiers guard the railway station, as China tries to quarantine the center of a virus outbreak that had by Friday killed 26 people and infected hundreds globally. That's actually reassuring when compared to the secretive handling of the 2003 SARS epidemic. And the World Health Organisation says while this is "an emergency in China", it's not of international concern yet
Intel Corp's shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker's data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector.
The U.S. Commerce Department has put on hold a rule aimed at further reducing sales to China’s Huawei Technologies amid pushback from the Defense Department, people familiar with the matter said.
Tesla Inc touted safeguards to its driver assistance system "Autopilot" after a Democratic U.S. senator on Friday urged the automaker to rebrand the system because it has "an inherently misleading name."
Walmart Inc is testing out a higher starting wage for certain jobs in about 500 stores as part of an overhaul of roles and responsibilities in the United States, Bloomberg reported on Friday.
A new online tool lets you see how much you need to make it through a simultaneous dip in income and a spike in expenditures.
Brazilian investors are pouring a record amount of cash into local equity funds, while foreign investors notched up their sixth straight week of buying, Bank of America Merrill Lynch said on Friday.
Wall Street came under pressure on Friday as investors sold energy, financial and healthcare stocks on mounting fears over the coronavirus outbreak in China, while strong gains for chipmaker Intel limited losses on the main indexes.
Boeing Co is weighing another production cut of its 787 Dreamliner, but may not have to take that step depending on the size and timing of orders from China stemming from a recent U.S. trade agreement, people briefed on the matter said Friday.