TOKYO - Asian shares edged up on Friday, talking heart from a late earnings-led surge on Wall Street even as continuing concerns about global growth tempered gains.
Recent Business News
- Growth-hungry investors snapped up shares offered by Shake Shack Inc , setting the stage for a sizzling debut for the New York-based burger chain when its stock starts trading on Friday.
SAN FRANCISCO - After years of giving investors the cold shoulder, Amazon.com Inc is starting to warm up to Wall Street.
WASHINGTON - Federal Reserve Chair Janet Yellen on Thursday offered an upbeat assessment on the U.S. economy in a meeting with Senate Democrats, even as she noted risks from overseas, according to media reports.
- Visa Inc , the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job market that encouraged people to spend.
- U.S. vehicle safety regulators want to find whistleblowers with knowledge “of possible defects or any wrongdoing” by Takata Corp, stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries.
Consumers seem willing to turn a blind eye to the method of extraction if it means a break in the price at the pump.