(MENAFN - AFP) Wall Street stocks finished little changed Friday, with the Dow retreating slightly from a record, after US unemployment hit a nine-year low.
The jobless rate fell three-tenths to 4.6 percent in November, with a solid 178,000 net new positions created, the Department of Labor reported. Analysts said the figures were likely strong enough to keep the Federal ...
(MENAFN - AFP) The United States blacklisted 23 North Korean companies and officials Friday, notably flag carrier Air Koryo, in response to the country's September 9 nuclear test.
It follows the UN Security Council's newest and toughest sanctions resolution against Pyongyang yet, aimed at increasingly isolating the Asian country politically and economically after its nuclear ...
(MENAFN - AFP) Ford on Friday announced the recall of nearly 650,000 cars in North America over defective seat belts that can fail in a crash.
The automaker said two accidents and two injuries have been blamed on the defect, which involves overheating of the cables in the pre-tensioning system of the seat belts, which can prevent them from functioning correctly in an accident.
(MENAFN - AFP) With this week's deal to cut output, OPEC is creating incentives for American shale producers to boost output just as the incoming Trump administration vows measures to promote US oil development.
The deal, announced Wednesday by the Organization of the Petroleum Exporting Countries, will cut the cartel's output by 1.2 million barrels per day (bpd).
(MENAFN - AFP) The parent company of United Airlines will pay a $2.4 million fine after reviving a money-losing air route to please a now-disgraced New Jersey politician, US market regulators announced Friday.
The penalty by the Securities and Exchange Commission follows a $2.25 million fine imposed earlier this year by federal prosecutors in the bribery case.
(MENAFN - AFP) Swiss authorities said Friday they had seized cultural relics looted from Syria's ancient city of Palmyra, as well as from Libya and Yemen, which were being stored in Geneva's free ports.
The free ports provide highly secured warehouses where basically anything can be stashed tax-free with few questions asked.