Business
Asia stocks unnerved by yuan slide, heightened trade war fears
TOKYO The Chinese yuan skidded to one-year lows on Friday, unnerving investors in Asian stock markets and stoking concerns Beijing's currency management could become the next flash point in a fierce trade dispute with the United States.
Recent Business News
Sinclair 'did not fully disclose facts' on Tribune merger: FCC
WASHINGTON Sinclair Broadcast Group Inc "did not fully disclose facts" about aspects of its $3.9 billion acquisition of Tribune Media , the U.S. Federal Communications Commission said in an order released on Thursday that referred the issue to an administrative law judge for a hearing.
At patent trial, Groupon casts IBM as shaking down other tech companies
A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.
U.S. weekly jobless claims hit more than 48-and-a-half-year low
WASHINGTON The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low last week as the labor market strengthens further, but trade tensions are casting a shadow over the economy's outlook.
Exclusive: Tesla's battery maker suspends cobalt supplier amid sanctions concern
LONDON/TOKYO Panasonic Corp said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.
Trump slams EU over $5 billion fine on Google
WASHINGTON U.S. President Donald Trump on Thursday criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying the bloc was taking advantage of the United States.
Keeping Score podcast
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 25,064.50 |
-134.79 |
-0.53% |
| S&P 500 | 2,804.49 |
-11.13 |
-0.40% |
| NASDAQ | 7,825.30 | -- | --% |
| TR US Index | 250.67 |
-0.78 |
-0.31% |
Sector Summary
| Energy |
+0.08%
|
| Basic Materials |
+0.00%
|
| Industrials |
-0.06%
|
| Cyclical Goods & Services |
+0.02%
|
| Non-Cyclical Goods & Services |
+0.11%
|
| Financials |
+0.02%
|
| Healthcare |
+0.08%
|
| Technology |
-0.01%
|
| Telecoms |
+0.18%
|