A positive vibe returned to the U.S. stock market Friday, leaving some to wonder if, after two weeks of losses, the latest selloff scare was over. The best clues may come from what happens to low-quality corporate bonds.
Industry
Thai junta says will help kick-start stalled Dawei talks
Thailand will revive talks with Japan and Myanmar aimed at kick-starting the floundering multi-billion dollar Dawei Special Economic Zone in Myanmar, a junta spokesman said on Thursday.
Daimler, Nissan to cooperate on transporter vans
Daimler has struck a cooperation deal with Nissan Motor Co. on transporter vans, deepening a strategic alliance between the German and Japanese automakers.
Greece sees 2015 budget surplus close to bailout target: report
Greece will aim to achieve a primary budget surplus of 2.9 percent of output next year, just shy of the 3 percent target set out under its bailout deal, its deputy finance minister said in an interview published Saturday.
Japan PM still 'neutral' on tax hike but recovery weak: economy minister
Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.
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General Motors Co said on Friday it was recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch problems and loose parts and would stop sales of two new truck models with potential air bag defects.
Liberty Interactive said on Friday its board had approved splitting into two tracking stocks, one for its cable shopping business QVC Group and the other for its digital commerce, Liberty Digital Commerce.
Microsoft Corp (MSFT.O) is demanding $6.9 million interest from Samsung Electronics (005930.KS) in a dispute over smartphone patent royalties, according to a lawsuit unsealed by a New York federal court on Friday.
Yahoo Inc plans to invest a part of the proceeds from the Alibaba Group Holding Ltd stake sale in mobile app Snapchat, which lets users send messages that disappear after a few seconds, the Wall Street Journal said.
Charles Schwab Corp. (SCHW.N) is weeks away from introducing an automated investing service aimed at winning business from novice investors it does not currently serve, company officials told Reuters.
Investors hope the Bond King can remake himself as a team player. Bill Gross last week abruptly left Newport Beach, California-based Pimco, the firm he built into a bond giant, to join Janus Capital Group (JNS.N), a small Denver firm that touts on its website how its friendly, team-oriented culture creates "strong collaborators."
The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.
Rome's opera house has sacked nearly 200 members of its permanent orchestra and chorus as Italy's worst economic crisis for decades chokes state spending on the arts.
Japan's August core machinery orders due next week are expected to rise modestly for a third straight month, a Reuters poll found - doing little to ease fears that the government's growth-promotion policies aren't working fast enough.
