U.S. stocks extended gains in early afternoon trading on Friday to scale new highs on hopes that President Donald Trump's tax-cut plan would make further headway after the Senate passed a budget resolution.
Recent Business News
NEW YORK A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term "animoji", alleging the U.S. technology company stole the name to use on a feature of its iPhone X.
NEW YORK Cleveland Federal Reserve Bank President Loretta Mester on Friday laid out a set of guiding principles by which to approach changes to U.S. banking regulations, emphasizing the need to tailor rules to risk, to boost cooperation across borders, and to aim for simplicity but not over-simplification.
Amazon.com Inc's Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen.
MONTREAL Airbus SE expects to sell "thousands" of Bombardier Inc's new CSeries aircraft, capturing half the global market for smaller single-aisle commercial jets, Chief Executive Tom Enders said on Friday.
U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures.
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