 | | | | Wall Street stocks fell sharply in volatile trading on Friday, with the Nasdaq confirming it is in a bear market, as concerns of slowing economic growth led investors to flee stocks in high-valuation sectors such as technology and communication services. | | | | | | Wells Fargo & Co. has been hiring overseas after pledging to eliminate thousands of jobs, according to a Department of Labor investigation. | | | | | | Chinese conglomerate HNA Group Co is in talks to sell electronics distributor Ingram Micro Inc to private equity firm Apollo Global Management Llc , the Wall Street Journal reported on Friday, citing people familiar with the matter. | | | | | | On Friday, the Nasdaq Composite closed almost 22 percent below its record high daily close on Aug. 29, signaling a nearly nine-and-a-half year bull market run for the index ended in late summer. | | | | | | The Nasdaq Composite Index confirmed on Friday it is in a bear market for the first time since 2008, underscoring fears that the longest bull run in history for U.S. stocks could soon be over. | | | | | | Automakers in the United States repaired more than 7.2 million defective Takata air bag inflators in 2018, as companies have ramped up efforts to track down parts in need of replacement, a report from an independent monitor released on Friday said. | | | | | | Minnesota prosecutors will not charge the billionaire chief executive officer of China's JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. | | | | | | Boeing Co looked poised to beat European arch-rival Airbus for aircraft orders in 2018 by a wide margin after clinching billions of dollars in new business from Nigeria's Green Africa Airways and Saudi Arabia's flyadeal. | | | | | | Goldman Sachs Group Inc Chief Executive David Solomon on Friday defended the bank against criticism of its compliance and oversight related to dealings with the sovereign wealth fund 1MDB, according to a message sent to employees obtained by Reuters. | | | | | | The dollar gained on Friday as investors sought the currency's safety amid persistent equity market volatility and a possible U.S. government shutdown. | | | | | | Citigroup Inc has divided up the roles of outgoing North America Chief Executive Bill Mills, according to an internal memo seen by Reuters. | | | | | |
