 | | | | Lyft Inc's shares opened up more than 20 percent in their market debut on Friday, giving the ride hailing startup a market value of more than $27 billion, amid strong investor demand that bodes well for larger rival Uber Technologies Inc. | | | | | | Wells Fargo & Co's plan to bring in an outsider as its next chief executive could give the scandal-plagued bank a much needed fresh start, but a turnaround will not be easy for whoever takes the helm, analysts said. | | | | | | Barely a week after the U.S. Federal Reserve called a halt to interest rate hikes, policymakers are now battling a view growing in financial markets, and embraced by the Trump administration, that the Fed will need to cut rates before long. | | | | | | U.S. stocks were on track on Friday to end the final trading day of the first quarter on a strong note, boosted by optimism over trade talks between the United States and China. | | | | | | The United States and China said they made progress in trade talks that concluded on Friday in Beijing that Washington called "candid and constructive" as the world's two largest economies try to resolve a bitter, nearly nine-month trade war. | | | | | | White House economic adviser Larry Kudlow said on Friday the United States and China are making progress in trade talks. | | | | | | U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter. | | | | | | An anti-stall system at the center of a probe into the crash of a Boeing 737 MAX jetliner in Indonesia five months ago was also at play when an identical aircraft crashed in Ethiopia earlier this month, three people briefed on the matter said. | | | | | | TUI remains committed to its Boeing 737 MAX orders despite two fatal crashes that have led to the grounding of the plane worldwide and caused the Anglo-German tour operator to issue a profit warning on Friday. | | | | | | Versum Materials Inc has opened its books to suitor Merck KGaA, saying the German group's unsolicited $5.9 billion offer might be sweetened and could edge out an agreed merger with Entegris. | | | | | |
