NEW YORK - U.S. stocks were little changed in a volatile session on Friday, setting all three indexes up for a weekly decline, as concerns over tensions between Ukraine and Russia escalated ahead of a referendum in Crimea this weekend.
Recent Business News
LONDON/ANKARA - Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they could be penalized under U.S. sanctions, bankers and government officials told Reuters.
- The U.S. housing sector, whose rise and subsequent crash has made the recovery from the last recession the slowest in decades, now appears to be on a "sustainable rebound," a top Federal Reserve official said.
MADRID/LONDON - Shareholders of telecommunications company Ono are close to agreeing a deal with Britain's Vodafone which has offered to buy the Spanish group for about 7.2 billion euros ($10 billion) including debt, two sources familiar with the matter said.
- Starbucks Corp will get a wider selection of Keurig Green Mountain Inc's single-serve K-Cup coffee packs, in exchange for giving up the exclusive license for Keurig's highest-end coffee pods, the companies said on Friday.
The state of the US job market is essentially unchanged. On Wednesday morning, the most recent Bureau of Labor Statistics Job Openings and Labor Turnover (JOLTs) data showed that the rate of hiring, turnover, and the number of open jobs was largely unchanged.
- Charting the Malaysian airliner disappearance
- The worrying (or not) rise of margin debt
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves