 | | | | Barneys New York Inc's flagship Madison Avenue outlet in Manhattan will remain open for at least another year in a slimmed-down form while the buyer of the luxury retailer's brands negotiates with the store's landlord. | | | | | | Oil prices rose nearly 4% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and Chinese manufacturing activity numbers. | | | | | | The U.S. Supreme Court on Friday agreed to hear a challenge to the ability of the Securities and Exchange Commission to recover ill-gotten profits obtained through misconduct in a case from California that could weaken the agency's enforcement power. | | | | | | Apple Inc asked the Trump administration to waive tariffs on Chinese-made Apple Watches, iPhone components and other consumer products, according to company filings with the U.S. Trade Representative's Office. | | | | | | Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on Apple and Samsung in the crowded market for fitness trackers and smart watches. | | | | | | Competition in the wearable market is taking a turn as Alphabet Inc-owned Google buys Fitbit Inc in a bid to take on Apple and Samsung. | | | | | | World equity markets surged and crude oil prices jumped on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth. | | | | | | U.S.-China trade talks are progressing well and the United States aims to sign an initial deal this month, top Trump administration officials said on Friday, offering reassurance to global markets after nearly 16 months of tit-for-tat tariffs. | | | | | | The initial "phase one" trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday. | | | | | | Deutsche Bahn is in exclusive talks with U.S. buyout group Carlyle over the sale of the German rail operator's Arriva international passenger transport unit, a person familiar with the matter said on Friday. | | | | | |
