Nasdaq ends at lowest level since October 2014

The Nasdaq closed at its lowest since October 2014 on Friday, leading a selloff on Wall Street following weak forecasts from technology companies including LinkedIn .

Recent Business News

Market view of next U.S. rate hike shifts into 2016 after jobs data

The U.S. Federal Reserve is increasingly likely to raise interest rates this year, traders bet on Friday, as a long-awaited surge in wages finally materialized and the unemployment rate dropped to an eight-year low.

11:27am EST

UAW head says seeks to discuss small car output with Fiat Chrysler CEO

DETROIT The head of the United Auto Workers said on Friday he has asked Fiat Chrysler Chief Executive Sergio Marchionne for a meeting to discuss the company's plan to stop making two low-profit car models.

4:03pm EST

Mediator in Argentina's debt battle says to issue 'significant statement'

NEW YORK/BUENOS AIRES The mediator in Argentina's decade-long legal battle with creditors over unpaid debt said he would issue a "significant statement" later on Friday after presiding over a week of intense talks in New York between the two sides.

4:39pm EST

Leaders at Bridgewater Associates in apparent feud: WSJ

NEW YORK Two top executives at Bridgewater Associates LP, the world's largest hedge fund, want a dozen senior employees and stakeholders to vote on their character to help resolve an apparent dispute between them, the Wall Street Journal reported on Friday.

State lawmakers nix bill linking aerospace tax breaks to Boeing jobs

SEATTLE Washington state lawmakers voted down a bill on Friday that would have linked $8.9 billion in state aerospace industry tax breaks to Boeing Co employment levels.

4:54pm EST


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