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 Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies.
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An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of $572 million.
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U.S. retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season.
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U.S. President Donald Trump and Apple CEO Tim Cook are set to visit facilities in Texas on Wednesday where Apple's high-end computers are assembled, sources briefed on the matter confirmed Friday.
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Dow breaks 28,000 with big boost from one company Fox BusinessDow hits 28,000 for the first time CNNDOW 28,000! BreitbartDow tops 28,000 as US, China trade deal comes together Fox BusinessStocks- S&P 500 Soars to 6th Weekly Gain By Investing.com
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Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's psoriasis drug Otezla, the Federal Trade Commission said in a statement on Friday.
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Crude prices and global equities markets rose on Friday, with the major U.S. indexes setting record highs, on renewed hopes that the United States and China will reach a deal to de-escalate a 16-month trade war that has crimped global growth.
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J.C. Penney Co Inc on Friday reported a smaller-than-expected quarterly loss as it sold more diamond jewelry and denim clothing, results Chief Executive Jill Soltau said showed efforts to revive sales and profits at the department store are taking hold.
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Live Video and Analysis of Impeachment Hearing International New York TimesFeds probing Giuliani on possible campaign finance, lobbying violations New York Post Rudy Giuliani says he has 'insurance' if Trump tries to throw him under the bus in the impeachment process Business InsiderExclusive: Rudy Ally Pete Sessions Was Eyed for Top Slot in Ukraine The Daily Beast
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J.C. Penney Co Inc on Friday reported a smaller-than-expected quarterly loss on lower ad spending and higher margins, results Chief Executive Jill Soltau said showed efforts to revive sales and profits at the department store are taking hold.
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