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Wall Street set to open little changed on GDP data

U.S. stocks looked set to open little changed on Friday after data showed the economy grew at its weakest pace in three years in the first quarter, while investors remained cautious due to simmering tensions between North Korea and the United States.

Recent Business News

Weekahead: Hot earnings to keep fire under growth-stock rally

NEW YORK Don't look for the outperformance of growth stocks to fade any time soon, as long as corporate earnings continue to improve and hopes remain for stronger economic growth.

3:18pm EDT

U.S. airlines overhaul overbooking after United fiasco

NEW YORK The backlash against the rough removal of a United Airlines passenger to make room on a crowded flight has opened a divide in the U.S. industry over how to manage flight overbooking, with some renouncing the practice and others offering richer incentives to give up seats.

4:14pm EDT

U.S. appeals court blocks Anthem bid to merge with rival Cigna

WASHINGTON A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna , upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare.

1:10pm EDT

Apple, Tesla ask California to change its proposed policies on self-driving car testing

Apple Inc has asked the state of California to make changes in its proposed policies on self-driving cars, the latest sign the technology giant is pursuing driverless car technology.

Tech, U.S. 4:05pm EDT

BlackRock's Fink a 'big believer' in Wells Fargo CEO

CHICAGO BlackRock Inc Chief Executive Officer Larry Fink said on Friday he is a "big believer" in Wells Fargo & Co Chief Executive Tim Sloan and that the scandal-hit bank is now on a good path.

11:48am EDT

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