 | | | | A U.S. appeals court on Friday revived a 2019 shareholder lawsuit filed against Boeing Co after two fatal 737 MAX crashes killed 346 people over a five-month period and led to the plane's 20-month grounding. | | | | | | Investors are recalibrating their portfolios to account for a more hawkish Federal Reserve, as signs that the central bank is ready to pull out the stops in its fight against inflation has shaken up markets in the first week of 2022. | | | | | | U.S. Treasuries are facing a perfect storm that could send benchmark yields to their highest level in almost two years, as investors fret over a more hawkish Federal Reserve, surging inflation and a deluge of supply. | | | | | | U.S. employers added far fewer workers than expected in December, but the government's monthly jobs report also sported the lowest unemployment rate of the COVID-19 pandemic, though not for Blacks, and showed workers' pay rising at a rapid clip. | | | | | | Wall Street wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news. | | | | | | Amazon.com Inc on Friday told workers they only have to isolate for a week after testing positive for COVID-19, instead of 10 days, following updated U.S. health guidance. | | | | | | Social media platform Reddit Inc, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs Group for its initial public offering, Bloomberg News reported on Friday, citing people familiar with the matter. | | | | | | FedEx Corp warned on Friday that rising cases of Omicron variant has caused staff shortage and delay in shipments transported on aircraft. | | | | | | The S&P 500 and Nasdaq were lower in Friday afternoon trading as technology and growth shares eased as investors remained worried about the U.S. interest rate outlook even after a weaker-than-expected December payrolls report. | | | | | | A former model accusing Leon Black of rape asked a U.S. judge on Friday to dismiss the billionaire investor's defamation and racketeering conspiracy lawsuit against her and her law firm, as she pursues a separate lawsuit over the rape claim. | | | | | |
