Trump sees 'good chance' of Mexico migration deal as clock ticks down to tariffs

U.S. President Donald Trump said on Friday there was a "good chance" that the United States would be able to reach a deal with Mexico over a surge of migrants on their common border, although his administration was still pushing ahead with a plan to slap import tariffs on all Mexican goods next week.

Anadarko pressed Occidental for cash, expecting investor opposition -filing

Anadarko Petroleum exacted a top price for itself by repeatedly spurning Occidental Petroleum's approaches and pushing for all-cash offers, reasoning the market might react negatively to the blockbuster $38 billion deal, according to securities filings released on Friday.

Wall Street rallies on rate cut hopes, trade optimism

Wall Street's main indexes rose about more than 1% on Friday, as a sharp slowdown in U.S. job growth raised hopes of Federal Reserve interest rate cuts and Washington's decision to delay tariffs on Chinese goods adding to an appetite for risk.

Oil rises nearly 3% as Saudi signals OPEC deal extension, stocks rally

Oil prices rose nearly 3% on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June and as Wall Street rallied.

FedEx to end Amazon contract for FedEx Express plane service

FedEx Corp said on Friday it has decided to not renew its contract with Amazon.com Inc for U.S. cargo delivery through FedEx Express, the unit that delivers packages on planes.

Weak U.S. employment report raises red flag on economy

U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year.

Is the U.S. economy about to contract? Three charts say maybe not

Weak U.S. hiring data led investors to raise bets on Friday the U.S. Federal Reserve will cut interest rates later this year to stave off a recession. Is the U.S. economy really showing signs of rolling over?

Boeing delayed fix of defective 737 MAX warning light for three years: U.S. lawmakers

Boeing Co learned that a cockpit warning light on its 737 MAX jetliner was defective in 2017 but decided to defer fixing it until 2020, U.S. lawmakers said on Friday.

Exclusive: Facebook suspends app pre-installs on Huawei phones

Facebook Inc is no longer allowing pre-installation of its apps on Huawei phones, the latest blow for the Chinese tech giant as it struggles to keep its business afloat in the face of a U.S. ban on its purchase of American parts and software.

Wells Fargo will pay customers $386 million over unwanted auto insurance

Wells Fargo & Co will pay customers at least $386 million to settle class-action claims that the bank signed them up for auto insurance they did not want or need when they took out car loans.

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