Finance

Stock-picking fund managers are clawing back. Can it last?

The most tumultuous stock market in years is giving fund managers more opportunities to prove themselves, and their performance has sharply improved over the last year relative to index funds

Strike looms at GM as UAW extends Ford, Fiat…

Leaders of the United Auto Workers union have extended contracts with Ford and Fiat Chrysler indefinitely, but General Motors' pact is still set to expire Saturday night

The Latest: Gary Jones remains head of UAW after board meets

United Auto Workers President Gary Jones remained in power after a meeting of union officials held Friday to discuss UAW business

US fines Japan Airlines $300,000 over long flight delays

The Transportation Department is fining Japan Airlines $300,000 for two cases in which passengers were stuck on grounded planes for more than four hours

AdChoices Icon

J.Crew's Madewell brand files for IPO

Madewell, the fast-growing brand owned by J.Crew, has filed to become its own separate public company

Business Highlights

How major US stock indexes fared Friday

U.S. stock indexes closed mostly lower Friday as a decline in technology stocks offset a strong performance by Wall Street banks

WeWork to list shares on Nasdaq, reduce CEO's…

WeWork looks to list shares on Nasdaq and reduce the voting power of co-founder Adam Neumann

Markets Right Now: Stocks mostly lower as tech shares drop

Stocks are closing mostly lower Friday as a decline in technology stocks offsets a strong performance by Wall Street banks.

China to lift punitive tariffs on US soybeans…

State news agency says China will lift punitive tariffs on U.S. soybeans, pork in possible goodwill gesture ahead of trade talks

Ford recalls some vehicles due to sharp seat frame edge

Ford is recalling more than 300,000 of its 2017 Explorer vehicles due to a sharp seat frame edge

AdChoices Icon

China says US soybeans, pork to be exempt from tariff hikes

Chinese state news agency says U.S. soybeans, pork to be exempt from tariff hikes in possible goodwill gesture ahead of negotiations

China pork prices soar as herds hit by fever, farm closures

Chinese families are having to rethink menu options as prices for pork soar despite government efforts to boost inventories after herds were decimated by African swine fever and large-scale closures of pig farms for environmental reasons

What a Purdue Pharma bankruptcy means for the…

Purdue Pharma could be heading for bankruptcy but the extent to which it would affect the Sackler family fortunes remains unclear

Yahoo Japan making tender offer for retailer Zozo at $3.7B

Yahoo Japan is making a tender offer worth $3.7 billion for Japanese online retailer Zozo, whose celebrity founder is stepping down to train for a trip to the moon

US, China exchange goodwill gesture ahead of…

US, China exchange goodwill gestures ahead of October trade talks

Report says airlines' carbon emissions are…

A new report says U.S. airlines are increasing their emissions of climate-changing gases much faster than they are boosting fuel efficiency

US long-term mortgage rates rise, with 30-year at…

US long-term mortgage rates rise, with 30-year average at 3.56%

CEOs speak out on gun violence, want…

The CEOs of more than 100 companies are stepping into the nation's gun debate and imploring Congress to expand background checks and enact a strong 'red flag' law

AdChoices Icon

The Fed and ECB aim to avoid downturns but with…

Fed and European Central Bank fight against slowing global growth with limited ammo