Business & Financial News, U.S & International Breaking News

U.S. stock indexes edged higher to hit fresh record highs on Friday on optimism over corporate earnings, economic data and indications of resilience in a Chinese economy battered by a prolonged trade war with the United States.

China's economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand.

The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc vehicles over sudden unintended acceleration reports.

The organizers of the Grammy Awards have placed their president and chief executive, Deborah Dugan, on leave because of an "allegation of misconduct" they said in a statement, noting that the Jan. 26 show would go on as planned with an interim head.

An opposition politician in Moscow urged Russians on Friday to take to the streets this weekend to protest against sweeping constitutional reforms floated by President Vladimir Putin.

Chris Collins, a former U.S. Congressman from New York who was an early backer of President Donald Trump, is due to be sentenced on Friday after pleading guilty to taking part in an insider trading scheme.