 | | | | The S&P 500 ended the week at record high on Friday, lifted by Nike and several banks, while weaker-than-expected inflation data eased worries about a sudden tapering in stimulus by the Federal Reserve. | | | | | | The S&P 500 ended the week at record high on Friday, lifted by Nike and several banks, while weaker-than-expected inflation data eased worries about a sudden tapering in stimulus by the Federal Reserve. | | | | | | Bitcoin dropped 7.37% to $32,094.44 on Friday, losing $2,554.88 from its previous close. | | | | | | A divided U.S. appeals court ruled in favor of Volkswagen AG (VOWG_p.DE) on Friday by giving the German automaker another chance to end a lawsuit claiming it defrauded bondholders by concealing how it cheated pollution tests for its vehicles. | | | | | | The U.S. dollar ended unchanged on Friday, erasing an early drop after tamer-than-expected producer price inflation, with investors continuing to evaluate whether that the Federal Reserve will act sooner to snuff out inflation if it persists. | | | | | | Speculators decreased their net short dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. | | | | | | GlaxoSmithKline Plc (GSK.L) has hired two banks to help advise it on listing its consumer unit next year and on defense against a potential activist campaign from Elliott Investment Management, Bloomberg News reported on Friday, citing people familiar with the matter. | | | | | | The S&P 500 hit a record high on Friday, lifted by Nike and several banks, while weaker-than-expected inflation data eased worries about a sudden tapering in stimulus by the Federal Reserve. | | | | | | Amazon.com Inc's (AMZN.O) cloud computing unit has bought encrypted messaging platform Wickr to enable secure communication as employees largely work from home, the company said on Friday. | | | | | | The United Auto Workers (UAW) on Friday said President Rory Gamble will retire at the end of June, a year before completing his tenure, after steering the union through a multiyear federal corruption investigation. | | | | | |
