 | | | | 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. | | | | | | U.S. and Mexican negotiators resumed migration talks on Friday to try to avert a potential trade war that could hurt both countries' economies and rattle investors already nervous about Washington's escalating battle with China. | | | | | | Talks between Mexico and the United States to stave off tariffs dragged on Friday as negotiators battled over a U.S. demand that Mexico accepts more Central American migrants under a concept know as "safe third country," two Mexican sources said. | | | | | | Walmart Inc Chief Executive Doug McMillon said on Friday the retailer was concerned that fresh produce prices would rise if tariffs are placed on imports from Mexico. | | | | | | 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. | | | | | | Major world stock indexes jumped and U.S. Treasury yields tumbled on Friday after a slowdown in job growth fueled hopes of a U.S. interest rate cut, while hints of progress in Washington's trade fights added to equity market optimism. | | | | | | 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. | | | | | | Wall Street's major indexes charged higher on Friday, as sharply slowing U.S. job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential progress in U.S. trade fights with China and Mexico added to risk appetites. | | | | | | U.S. President Donald Trump said on Friday there was a "good chance" the United States would make a trade deal with Mexico, but that if the two countries failed to make an agreement a 5% tariff would be imposed on Mexican imports on Monday. | | | | | | 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. | | | | | | 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. | | | | | |
