 | | | | (Reuters) - Shari Redstone, the media heiress whose family controls CBS Corp and Viacom Inc , has offered CBS CEO Leslie Moonves to drop her demands for Viacom CEO Bob Bakish to be his No. 2 following a merger, as long as Bakish sits on the combined company's board, people familiar with the matter said on Friday. | | |
| | | NEW YORK (Reuters) - The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S. wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week. | | |
| | | LONDON (Reuters) - Before the financial crisis hit more than a decade ago, the easy way to test the global outlook was to apply the maxim that when the U.S. sneezes the rest of the world catches a cold. | | |
| | | NEW YORK (Reuters) - U.S. stocks jumped more than 1 percent on Friday, helped by Apple and other technology shares and by data that showed weaker-than-expected U.S. jobs and wage growth, while U.S. oil prices hit their highest in more than three years. | | |
| | | PARIS (Reuters) - Air France-KLM CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay deal, plunging the airline into turmoil amid a wave of strikes at its French brand that has cost the company 300 million euros ($359 million). | | |
| | | WASHINGTON (Reuters) - U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some out-of-work Americans left the labor force. | | |
| | | (Reuters) - Tesla Inc Chief Executive Officer Elon Musk acknowledged on Friday that it was "foolish" of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. | | |
| | | (Reuters) - Tesla Inc Chief Executive Officer Elon Musk said on Friday it was "foolish" of him to snub Wall Street analysts on a post-earnings conference call on Wednesday. | | |
| | | WASHINGTON/BEIJING (Reuters) - The Trump administration has drawn a hard line in trade talks with China, demanding a $200 billion cut in the Chinese trade surplus with the United States, sharply lower tariffs and advanced technology subsidies, people familiar with the talks said on Friday. | | |
| | | (Reuters) - Apple Inc's stock hit an all-time high on Friday after Warren Buffett's Berkshire Hathaway Inc disclosed it had bought 75 million more shares of the iPhone maker in the first three months of the year. | | |
| | | May 4 (Reuters) - S&P Global Ratings revised the outlook on Kansas' AA-minus credit rating to stable from negative on Friday, citing the state's stronger-than-expected revenue. | | |
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