| | | Doubts about Trump tax cuts weigh on Wall Street | | | (Reuters) - Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican lawmakers. |
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| | | GE cutting staff ahead of new CEO's Monday overhaul: sources | | | NEW YORK (Reuters) - General Electric Co is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery's expected announcement on Monday of a plan to slash costs and jettison units in an effort to improve the company's profits. |
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| | | Oil prices slide after U.S. drillers add rigs | | | NEW YORK (Reuters) - Crude was down slightly on Friday as expectations OPEC and other producers will extend their production cut agreement were offset by U.S. drillers adding the most oil rigs in a week since June, indicating output will continue to grow. |
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| | | Disney shares rise as focus turns to streaming commitment | | | (Reuters) - Walt Disney's shares rose 3 percent on Friday, as Wall Street shrugged off poor financial results and focused instead on the media giant's commitment to build a service that will compete aggressively with video streaming pioneer Netflix. |
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| | | Blooming U.S. business interest in Cuba wilts under Trump | | | HAVANA (Reuters) - Packed into a remote corner of a pavilion, just 13 U.S. companies took stands at Cuba's sprawling trade fair this year, in a sign of how firms' interest in doing business on the island has dwindled in the first year of Donald Trump’s presidency. |
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| | | German regulator launches another probe into VW over scandal | | | BERLIN (Reuters) - Germany's financial watchdog said on Friday it was investigating whether Volkswagen illegally disclosed information about its emissions scandal to third parties, adding to the carmaker's legal headaches more than two years after the scandal broke. |
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