Business

Photo

Wall St. closes down for January, Shake Shack rallies in debut

NEW YORK - U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United States. | Video

Recent Business News

AT&T top buyer at U.S. airwaves auction; Dish spends big

WASHINGTON/SAN FRANCISCO - AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on Friday.

6:27pm EST

Fed's Fisher: stronger dollar good for U.S. jobs

SAN FRANCISCO - Sharp gains in the U.S. dollar are good for the U.S. labor market, a top Federal Reserve official said on Friday, downplaying a crescendo of complaints from top executives over the dent to their profits.

2:08pm EST

Exclusive: Sysco, US Foods offer to divest 11 facilities to win FTC deal approval

WASHINGTON - Food distributor Sysco Corp and its biggest rival, US Foods Inc , have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters.

Chevron's profit beats as chemical sales offset cheap oil

WILLISTON, N.D. - Chevron Corp , the second-largest U.S. oil producer, reported a higher-than-expected quarterly profit on Friday as sales of chemicals, lubricants and other refined products helped offset plunging crude prices .

2:36pm EST

Exxon adds discrimination protections in U.S. for LGBT workers

HOUSTON - Exxon Mobil Corp , the world's largest publicly traded oil company, has changed its U.S. employment policies to prohibit discrimination based on sexual orientation and gender identity as now required by federal law.

4:21pm EST

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary