Yield curve inverts for first time since 2007 on global growth worries

U.S. markets received a clear warning of coming recession on Friday when the spread between yields on three-month Treasury bills and 10-year notes fell below zero for the first time since 2007 after U.S. manufacturing data missed estimates.

In foreboding sign for U.S. economy, factory sector softens

U.S. manufacturing activity unexpectedly cooled in March, a troubling sign for the economy although the housing market showed signs lower interest rates were giving it a boost.

Former NBA star Shaquille O'Neal joins Papa John's board

Pizza chain Papa John's International Inc, trying to recover from a string of high-profile public relations blunders, on Friday named former basketball star Shaquille O'Neal as its newest board member, brand ambassador and investor.

Wall Street stumbles as investors spooked by signs of economic slowdown

Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes dropping between 1 and 2 percent as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn.

U.S. Treasuries signal trouble, stocks fall after weak data

Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown.

Indonesian airline cancels Boeing 737 MAX order, American pilots to test software fix

Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some passengers say they would be frightened to board the plane after two fatal crashes, although industry analysts said the deal had long been in doubt.

JPMorgan Chase tests neuroscience-based video games to recruit interns

JPMorgan Chase & Co is testing neuroscience-based video games to help recruit interns, as it seeks to increase the diversity of its workforce by broadening its candidate pool.

Global growth rebound hopes hit by weak factory data

Manufacturers in Europe, Japan and the United States suffered in March as surveys showed trade tensions had left their mark on factory output, a setback for hopes the global economy might be turning the corner on its slowdown.

Tiffany sticks to 2019 targets, helped by e-commerce; shares rebound

Luxury retailer Tiffany & Co said Friday it expected earnings growth to resume in the second half of the year, helped by a healthy e-commerce business, a forecast that allowed investors to look past slightly disappointing quarterly sales.

GM confirms plans to build new EV, invest $300 million in Michigan plant

General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle.

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