Shares of Johnson & Johnson fell 10 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder.
U.S. Secretary of State Mike Pompeo on Friday said China should free two Canadian citizens who were detained this week after authorities in Canada arrested a senior Chinese technology executive on a U.S. extradition warrant.
Nissan Motor Co Ltd investigators are examining former Chairman Carlos Ghosn's use of an internal 'CEO Reserve' fund and the role of subsidiaries in the Netherlands and other countries as part of a probe into alleged financial misconduct, two people with knowledge of the inquiry told Reuters.
Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp for more than $4.2 billion, CNBC reported on Friday, citing people familiar with the matter.
U.S. stocks are down only slightly for 2018, but that masks a volatile year for investors.
China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1, 2019, the finance ministry said on Friday, following a truce in a trade war between the world's two largest economies.
General Motors Co on Friday said it is beginning to send formal notices to U.S. government agencies of its plan to end production at auto plants and cut thousands of jobs as it shrinks passenger car production in North America.
| S&P » | 2,599.95 | -1.91% |
| Dow » | 24,100.51 | -2.02% |
| FTSE 100 » | 6,845.17 | -0.47% |
| Nikkei 225 » | 21,374.83 | -2.02% |
| US 10YR |
+2.882
|
-0.029 |
| DE 10YR |
+0.261
|
+0.005 |
| JP 10YR |
+0.031
|
-0.004 |
| USD / EUR » | 0.8844 | +0.52% |
| USD / GBP » | 0.7945 | +0.58% |
| USD / JPY » | 113.3800 | -0.21% |