| | | Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data. | | | | S&P Global Inc and IHS Markit Ltd have won U.S. antitrust approval for their planned merger, with divestitures, the Justice Department said in a statement. | | | | Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data. | | | | The U.S. dollar lost a little ground on Friday as high inflation wreaked havoc on consumer sentiment, but the greenback was on track for its biggest weekly gain in almost three months after a surprisingly strong U.S. inflation print on Wednesday prompted investors to advance their bets for a U.S rate hike. | | | | The U.S. Federal Trade Commission said it approved certain modifications to Bristol Meyers Squibb's divestiture agreement that the FTC earlier approved and incorporated into its order as part of a consent required when the drugmaker acquired Celgene Corp in 2019. | | | | Johnson & Johnson plans to spin off its consumer health division that sells Listerine and Baby Powder to focus on pharmaceuticals and medical devices in the biggest shake-up in the U.S. company's 135-year history. | | | | The world's richest man suddenly has more cash than most people can spend in their lifetime. What will he do with it? | | | | Wall Street gained on Friday with market-leading growth stocks helping the indexes resume their climb as investors shrugged off disappointing economic data. | | | | Healthcare conglomerate Johnson & Johnson is spinning off its consumer health division that sells Listerine and Baby Powder, to focus on the more-profitable pharmaceutical and medical device market. | | | | Higher inflation does not affect all households equally, with people on fixed incomes taking a bigger hit, New York Federal Reserve Bank President John Williams said Friday. | | | | |