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Updated: 6 hours 17 min ago

Wall St. Week Ahead: U.S. stock reign may not last over other regions

Fri, 03/01/2019 - 7:06pm
U.S. stock prices are outpacing those in most other regions to start 2019, but the gap is narrow and some investors are eyeing potential catalysts to tip the scales to the rest of the world.

Canada approves Huawei extradition proceedings, China seethes

Fri, 03/01/2019 - 6:56pm
The Canadian government, as expected, on Friday approved extradition proceedings against the chief financial officer of Huawei Technologies Co Ltd, prompting a furious reaction from China.

South Korea to work with U.S., North Korea after failed nuclear talks

Fri, 03/01/2019 - 6:33pm
South Korea will work with the United States and North Korea to help them reach a denuclearization deal, South Korean President Moon Jae-in said on Friday, a day after a U.S.-North Korean summit collapsed over a disagreement on sanctions.

Centrist Democrats stray on votes, roiling House majority party

Fri, 03/01/2019 - 6:02pm
Freshman Democrats determined to walk a centrist path in the U.S. House of Representatives are testing party harmony between moderates and liberals, just as work on major issues including gun control and healthcare policy is getting underway.

SpaceX to launch capsule to space station in key milestone

Fri, 03/01/2019 - 5:59pm
Elon Musk's SpaceX was due to launch an unmanned crew capsule atop a Falcon 9 rocket early on Saturday bound for the International Space Station, a major step toward NASA's goal of reviving the U.S. human spaceflight program this year.

Mexico frets over U.S. plans to take divisive asylum policy to new cities

Fri, 03/01/2019 - 5:50pm
The United States is aiming to ramp up in coming weeks a program to send Central American asylum seekers to Mexico to await U.S. court dates, an experimental policy that Mexican officials and migrant shelters say risks overwhelming an underfunded system.

U.S. companies adapt to 'endless' China tariffs

Fri, 03/01/2019 - 5:22pm
U.S. manufacturers are accelerating their shift out of China, coming to terms with a new reality: the Trump administration's tariffs will not go away any time soon.

U.S. Trade Representative issues notice on delay of China tariff increase

Fri, 03/01/2019 - 5:22pm
The United States Trade Representative's office (USTR) has released language to delay a scheduled hike in tariffs on $200 billion worth of Chinese goods, due to be published in the Federal Register next week.

Wall Street rises as trade optimism counters weak data

Fri, 03/01/2019 - 5:16pm
The S&P 500 and the Dow Jones Industrial Average snapped a three-day run of losses on Friday as optimism about the prospects for a U.S.-China trade agreement countered downbeat U.S. and China manufacturing data.

Lyft's IPO filing shows surging revenue, widening losses

Fri, 03/01/2019 - 5:14pm
Lyft Inc inched closer to becoming the first ride-hailing company to make a stock market debut by releasing its filing for an initial public offering on Friday, revealing to the public a detailed look at its financial performance.

Wells Fargo officials enter $240 million settlement over bogus accounts

Fri, 03/01/2019 - 5:09pm
Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts.

Amazon plans new grocery-store business: WSJ

Fri, 03/01/2019 - 4:45pm
Amazon.com Inc plans to open dozens of grocery stores across the United States as it looks to expand in the food business, the Wall Street Journal reported on Friday, citing people familiar with the matter.

EU ready to give Britain more guarantees 'backstop' is temporary: Barnier

Fri, 03/01/2019 - 4:07pm
The European Union is ready to give Britain more guarantees that the Irish "backstop" is only intended to be temporary, the bloc's chief Brexit negotiator said on Friday.

U.S. holds major oil and gas lease sale in sage grouse habitat

Fri, 03/01/2019 - 3:46pm
The U.S. government kicked off a major sale of oil and gas leases in Wyoming this week after rejecting protests over lands on offer that are considered critical areas for wildlife.

Warmbier parents blast 'evil' North Korea regime after Trump praises Kim

Fri, 03/01/2019 - 3:40pm
The parents of Otto Warmbier, an American student who died after 17 months in a North Korean prison, blamed Kim Jong Un's "evil regime" on Friday after U.S. President Donald Trump said he believed the leader's claim not to have known how their son was treated.

Wells Fargo officials reach $240 million settlement over bogus accounts

Fri, 03/01/2019 - 7:56am
Wells Fargo & Co officials have reached a $240 million settlement of litigation accusing them of poor oversight, resulting in the creation of millions of unauthorized customer accounts.

Exclusive: Huawei plans billions in dividends for staff despite row with U.S. - sources

Fri, 03/01/2019 - 7:55am
China's Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to company sources and Reuters calculations - a move expected to boost morale as it battles a U.S.-led drive against its telecom gear.

China cheers MSCI weight gain, yen takes the strain

Fri, 03/01/2019 - 7:51am
World markets enjoyed a lively end to an otherwise slow week on Friday, with Chinese A-shares leaping after MSCI quadrupled their weight in its global benchmarks and strong U.S. economic data lifted the dollar and bond yields.

Pakistan prepares to return Indian pilot as confrontation cools

Fri, 03/01/2019 - 7:43am
Pakistan prepared to release a captured Indian pilot on Friday as the nuclear powers scaled back their confrontation, at least temporarily, while Indian opposition politicians raised doubts over whether an initial airstrike had destroyed a militant camp in Pakistan.

Pakistan army chief spoke with top military officials from U.S., UK, Australia

Fri, 03/01/2019 - 7:43am
Pakistan's army chief, Qamar Javed Bajwa, spoke on Friday with top military officials from the United States, Britain and Australia, Pakistan's military spokesman said, amid a volatile standoff with nuclear-armed neighbor India.