 | | | | The three major U.S. stock indexes rallied to record closing highs on Friday as financials and other economically focused sectors rebounded from a selloff sparked by growth worries earlier in the week. | | | | | | The three major U.S. stock indexes rallied to record closing highs on Friday as financials and other economically focused sectors rebounded after a selloff sparked by growth worries earlier in the week. | | | | | | Judge Reggie Walton has set a split trial date for the Justice Department's fight to stop insurance broker Aon's (AON.N) planned $30 billion acquisition of Willis Towers Watson (WTY.F). | | | | | | Smithfield Foods, the world's largest pork processor, said on Friday Chief Executive Officer Dennis Organ is stepping down for personal reasons less than a year after taking the helm. | | | | | | President Joe Biden signed a sweeping executive order on Friday to promote more competition in the U.S. economy, urging agencies to crack down on anti-competitive practices in sectors from agriculture to drugs and labor. | | | | | | A U.S. regulator on Friday charged three men with insider trading ahead of Long Island Iced Tea Corp's announcement it would change its name to Long Blockchain Corp, and change its focus to blockchain from iced tea and lemonade, which caused its shares to soar nearly 400%. | | | | | | U.S. stocks rallied on Friday and the S&P 500 hit a record high as financials and other economically focused sectors rebounded after a selloff sparked by growth worries earlier in the week. | | | | | | General Motors Co (GM.N) said on Friday second-quarter deliveries with its joint ventures in China rose by 5.2% to more than 750,000 vehicles, helped by higher demand for its large and luxurious sport-utility vehicles and multi-purpose cars. | | | | | | Four euro zone banks that recently fell under the European Central Bank's supervision passed a stress test exercise, which uncovered no capital shortfalls, the ECB said on Friday. | | | | | | Investors are looking to U.S. companies' upcoming quarterly results and forecasts about the recovery in the second half of 2021 as some worry that the recent economic surge is already waning. | | | | | |
