TOKYO The dollar stood atop three-months highs against the yen on Friday after enhanced prospects of a near-term U.S. interest rate hike prompted a surge in Treasury yields, which also felt a strong pull from a jump in their British and euro zone peers.
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BOSTON/LOS ANGELES Chipotle Mexican Grill Inc has turned to high-profile investment bankers and lawyers to help defend against activist investor William Ackman, according to two people familiar with the matter on Thursday.
SINGAPORE Oil prices dipped early on Friday, weighed down by lingering doubts over whether OPEC can coordinate a crude production cut big enough to rein in oversupply that has dogged markets for two years.
General Electric Co said on Thursday it was in discussion with the No. 3 oilfield services provider Baker Hughes Inc on potential partnerships.
Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations, lifting shares that had fallen after a failed effort to sell the company. | Video
DETROIT Ford Motor Co and General Motors Co have worked all year to convince investors that they are no longer prisoners of the U.S. auto market cycle and have solid plans to fend off challenges from Silicon Valley interlopers.