| | | Wall Street jumps to highs on tax-cut hopes | | | NEW YORK (Reuters) - Wall Street's three major indexes tallied record closing highs on Friday with broad gains across sectors as a long-awaited tax bill that would cut corporate tax rates looked like it would win enough support from lawmakers to pass. |
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| | | World shares gain; U.S. yield curve flattest in decade | | | NEW YORK (Reuters) - World shares gained on Friday and Wall Street opened higher on U.S. tax legislation optimism, while the U.S. yield curve hit its flattest in a decade after the Federal Reserve hiked interest rates earlier this week. |
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| | | CSX shares derail after CEO takes unexpected medical leave | | | (Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer. |
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| | | CSX shares tumble after CEO's medical leave | | | (Reuters) - CSX Corp's shares tumbled on Friday in premarket trading after the No. 3 U.S. railroad said Chief Executive Hunter Harrison was taking medical leave for unexpected complications from a recent unspecified illness. |
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| | | Oil holds below two-year highs with focus on U.S. output | | | NEW YORK (Reuters) - Oil prices were mixed on Friday, lingering below two-year highs on Friday as the continuing outage of a North Sea pipeline and OPEC-led production cuts supported prices, while climbing U.S. output kept a lid on gains. |
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| | | German military kicks off heavy lift helicopter competition: source | | | BERLIN (Reuters) - Germany's military has approved plans to buy 45 to 60 new heavy-lift helicopters, kicking off a competition between the two largest U.S. weapons makers for the contract worth nearly 4 billion euros ($4.72 billion), a military source said on Friday. |
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