On Black Friday, more U.S. shoppers chose the computer over the mall
(Reuters) - The Thanksgiving Day and Black Friday kickoff of the U.S. holiday shopping season showed the increasing preference for online purchases, as more Americans opted to stay home and use their smartphones while sales and traffic at brick-and-mortar stores declined.
Black Friday deals lure U.S. shoppers, biggest sales gains online
(Reuters) - Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their make-or-break holiday season.
Exclusive: Rosneft's Sechin flies to Venezuela, rebukes Maduro over oil shipments
(Reuters) - The head of Russian oil company Rosneft (ROSN.MM), Igor Sechin, flew to Caracas this week to meet Venezuelan President Nicolas Maduro and complain over delayed oil shipments designed to repay loans, two sources briefed on the conversation said on Saturday.
J.Crew CEO James Brett steps down after short tenure
(Reuters) - J.Crew Group Inc, known for its preppy men's and women's clothing, said on Saturday that its Chief Executive Officer James Brett is leaving the company, effective immediately.
S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
(Reuters) - The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp (NVDA.O) dragged down the Nasdaq.
Investors eye holiday sales for market salve
(Reuters) - Investors will get a glimpse of consumer health next week as the holiday shopping season gets under way with Black Friday sales, and a solid start could help equities steady after several tumultuous weeks.
Wildfire liability speculation fuels PG&E stock swings
(Reuters) - PG&E Corp shares sank 31 percent during trading on Thursday, only to then rise 39 percent in after-hours trading, as investors speculated over the impact of this month's deadly wildfire in northern California on the utility's finances.
Ford CEO open to investors in autonomous vehicles but cautious on VW
(Reuters) - Ford Motor Co (F.N) Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG (VOWG_p.DE) (VOWG.DE) was a "delicate dance."
Wall Street climbs on hopes of easing trade tensions
(Reuters) - U.S. stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports.
Oil slumps 7 percent to one-year low as rout extends to 12 days
Oil's slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply.