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Business

Energy leads US stocks indexes to a mostly higher finish

Financial Markets Wall Street

A listless day on Wall Street finished with U.S. stocks eking out small gains Friday, as strength in energy, phone and industrial companies offset losses elsewhere. Some health insurers bounced back after Sen. John McCain said he wouldn’t support the latest Republican effort to roll back the...


Business

Marriott says it will not cancel conference hosted by anti-Muslim hate group

(c) 2017, The Washington Post. The nation’s largest anti-Muslim hate group is scheduled to hold its annual conference at a Marriott International property four miles from the White House, despite pressure from advocacy groups that have been calling on the hotelier to cancel the event. ACT for...


Business

Closure at busy US-Mexico border crossing promises headaches

Mexico Border Closure

SAN DIEGO (AP) — The busiest border crossing in the United States will close this weekend to the more than 40,000 cars that pass through it daily to Mexico. The closure between San Diego and Tijuana for work on a $741 million expansion project presents a monumental headache for border businesses,...


Business

Financial Markets Glance

Dow Jones Industrials High: 22,364.31 Low: 22,299.58 Close: 22,359.59 Change: —9.64 Other Indexes Standard&Poors 500 Index: 2502.22 +1.62 NYSE Index: 12,151.80 +18.18 Nasdaq Composite Index: 6426.92 +4.23 NYSE Amer Composite: 2613.13 +5.58 Russell 2000 Index: 1450.78 +6.60 Wilshire 5000 TotalMkt:...


Business

How major US stock market indexes fared Friday

U.S. stock indexes closed mostly higher Friday as gains for energy, phone and industrial companies made up for losses elsewhere. Real estate and utilities companies were among the biggest decliners. Some health insurers bounced back as support dwindled for the Senate Republicans’ latest effort to...


Business

Stocks bounce, Treasuries rise on Korea tensions

(c) 2017, Bloomberg. Stocks vacillated Friday before ending little changed and Treasuries gained with gold as investors reached for safe haven assets after North Korea ratcheted up its threats against the U.S. The S&P 500 Index, churning in one of the tightest ranges in its history, rose slightly,...


Business

Why neighborhood toy stores are thriving while Toys R Us goes bankrupt

(c) 2017, The Washington Post. Ella Wiesenfelder has been coming to Barstons Child’s Play her whole life, so naturally it’s where she wanted to be on the afternoon of her 8th birthday. She had already picked out a Lego spaceship and a magic kit with 150 tricks for herself and was now helping her 6-...


Business

Amazon looks to deliver Shake Shack, Chipotle amid food push

(c) 2017, Bloomberg. Amazon.com Inc. may soon bring Shake Shack burgers and Chipotle burritos to your door as it pushes deeper into the growing market for restaurant delivery. The e-commerce titan has been working to crack the code on food delivery for at least a decade. Now that Amazon has a major...


Business

Prudential's PGIM is said to explore entering ETF marketplace

(c) 2017, Bloomberg. Prudential Financial Inc. is looking to get into the $3.1 trillion market for exchange-traded funds, according to a person familiar with the matter. PGIM Investments, part of the firm’s $1 trillion asset-management unit, is exploring steps to build an ETF business in the U.S....


Business

SEC's Edgar fails to display Goldman Sachs insider stock sales

(c) 2017, Bloomberg. Several Goldman Sachs leaders have sold stock since February, and the details should be easily searchable on the Securities and Exchange Commission’s Edgar website. They’re not. While Goldman Sachs makes such filings available on its website, the SEC’s dedicated web page for...


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